Second AP Fund to divest holdings in a number of fossil-fuel based energy companies
The Second AP Fund is reducing its financial risk in fossil-fuel based energy. Consequently, it will no longer have investments in 12 coal and 8 oil-and-gas production companies. This comprises holdings with a total market value of about SEK 840 million.Following a comprehensive risk analysis of all Second AP Fund holdings in fossil-fuel based energy companies, based on climate impact, the Fund has decided that it will no longer invest in 12 coal and 8 oil-and-gas production companies. “Our starting point for this analysis has been to determine the financial risks associated with the