The leading Swedish Pension Fund AP4 is focusing on governance and climate change issues. In PUB+ interview the managing director Mats Andersson, also the Ambassador of UN Decarbonazation Coalition, says that they have done the portfolio decarbonazation over three years ago and their target is that by 2015 they have all the equity assets as low carbon assets. Mr Andersson was speaking in EarthRate ESG discussion in Stockholm.
-This year we will analyse the Asian markets and Japan. We have done the earlier
research related to US and European markets. This work has helped us to
minimize the carbon output by 50 per cent, he says.
– In Sweden our focus is on Governance and Climate Change. Abroad we will
focus on working together with other AP funds and other engagement
funds, especially in Japan, he says.
Andersson says that good governance is about diversity, owner-driven strategies and transparent policy.
The fund assets were 295 billion Swedish kronor and the fund is also awarded by the IPE as the Best Public Penson Fund in 2014. According to the company during the last 10 years the total return has been 7,6 per cent in average. Last year the total return was 15,7 per cent after the costs and the fund made their record profit of 40 billion Swedish kronor.