AP4 finalizes sale of more than 20 coal companies
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*.
The coal companies that have now been sold from the global equities portfolio are companies where thermal coal represents 20 percent of more of turnover.
Since 2012 AP4 has invested in low-carbon strategies in equities. These strategies reduce exposure to companies with large carbon dioxide emissions and fossil reserves. That way, AP4 reduces the climate risk in the portfolio.
Contact:
Tobias Fransson, Head of Strategy & Sustainability
tel: 468-787 75 28
email: tobias.fransson@ap4.se