AP4 is one out of 415 investors who signed the Global Investor Statement, which supports the Paris Agreement’s goals and vigorously urges the world’s governments to quickly implement the necessary measures.
AP4 supports the Task Force on Climate-related Financial Disclosures' (TCFD) recommendations. Now TCFD has published its 2018 Status Report to the Financial Stability Board (FSB).
The changes to the investment guidelines for the AP Funds are near. These changes will are planned to be implemented in two steps. The first step, which will give the AP Funds increased possibilities to allocate to illiquid investments, will be effective as of January 1, 2019. The second step, which aims to enable the AP Funds to invest in unlisted instruments directly, is planned to take effect on July 1, 2019. These changes are a welcome modernization of the current investment guidelines that are almost 20 years old by now.
AP4 has finalized the sale of more than 20 coal companies from the global equities portfolio. The sale means that AP4 now reduces the carbon footprint to approximately 57 percent of that of a broad global equities index*.