AP4 ranked first in the AODP global analysis of pension funds’ approach to climate change

AP4 has been ranked first in an analysis of 100 global pension funds based on an analysis of the funds’ approach to climate-related risks and opportunities.

AP4 was also one out of two pension funds that was awarded the highest rating, AAA. The other Swedish AP Funds were also ranked high in the analysis.

- We are very pleased to have been awarded the highest rating in AODP’s ranking. This shows that our work in sustainability makes a difference. We are also pleased that the other AP funds are successful in the ranking, thus illustrating that the AP funds are in the forefront in terms of handling the climate issue, says Niklas Ekvall, CEO at AP4.

The ranking is performed by AODP, which evaluates the pension funds against the recommendations put forward by TCFD. TCFD (Task Force on Climate Related Disclosures) are recommendations for climate reporting developed on behalf of the G20. TCFD has four thematic areas: Governance, Strategy, Risk management and Metrics and Targets. AP4 supports TCFD’s recommendations.

AODP’s report also shows that over 60 percent of the world’s largest pension funds have little or no strategy on climate change.

- AP4 has identified climate change as one of the largest systematic risks for long-term asset values. educing climate change is prerequisite for stable economic growth in the future, and thus for AP4’s stability to achieve its mission over time. We hope that our work with sustainability will affect the development and that we, together with other investors, can contribute to a solution the global climate challenge, concludes Niklas Ekvall.

In previous years, AP4 has placed itself in ninth place (2016) and in third place (2017) in AODP’s ranking

For more information, please contact:
Tobias Fransson, Head of Strategy & Sustainability
+468-787 75 28
tobias.fransson@ap4.se

Publicerad den 26 september 2018