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The Ethical Council Annual Report 2016 – Human rights continues to be in focus

The Ethical Council of the Swedish AP Funds celebrates ten years 2017. During these ten years the Council has through engagement encouraged the AP Funds' global portfolio companies to improve their work on environmental issues, human rights and corruption. In 2016 dialogues have covered companies regarding the fishing industry in Thailand and the guest workers' situation in Qatar.Based on the mandate of the AP Funds the Ethical Council works with both preventive and reactive work with global companies in the AP Funds' portfolios. The aim is to improve and have a positive impact regarding

Ethical Council Annual Report 2015 – corporate dialogues promote improvement

The Ethical Council of the Swedish AP Funds has an important task – to encourage portfolio companies to enhance their performance on environmental and social issues. The AP Funds are long-term, responsible and committed investors. The Ethical Council’s dialogues with companies make a difference. During 2015, the Ethical Council conducted dialogues with 178 companies around the world concerning a total of 254 incidents, pertaining mainly to business ethics, human rights, labour rights, corruption and the environment.In 2015, the Ethical Council has conducted dialogues with some 178 companies

Annual Report 2014 for The Ethical Council – A successful focus on the mining industry and three recommended exclusions

Press Release April 9, 2015The Ethical Council of the AP-Funds builds its process on dialogue with companies both when problems arise in their business and for preventive measures. During 2014 the Ethical Council totaling 308 dialogues and completed three reactive dialogues. The Ethical Council has recommended the AP-Funds to exclude the companies Agrium, Motorola Solutions and Barrick Gold who all have been associated with violations of international conventions. The Ethical Council has for several years been working with preventive dialogues in order to get companies to act more

The Ethical Council Annual Report 2013 – Impact through dialogues

Press Release April 22nd, 2014The Ethical Council is developing its preventive dialogues in order to get companies to act more responsibly and thereby reduce the risk that they violate international conventions. The focus areas for the Ethical Council in 2013 included human rights, business ethics and environmental issues in the telecom, pharmaceutical, tobacco and cocoa industry. The Ethical Council has seen several examples of dialogues as an effective tool for influencing companies to improve their sustainability performance. 2013 brought the Ethical Council in dialogue with 133

Swedish AP Funds exclude four companies accused of contravening international conventions

The First, Second, Third and Fourth AP Funds (AP1-AP4) are to divest their holdings in Walmart, Freeport McMoRan, Incitec Pivot and Potash after being advised by their Ethical Council that several years of engagement with the companies had failed to delivered the desired results.The Ethical Council has in recent years engaged in dialogue with retail chain Walmart Stores, mining company Freeport McMoRan and chemicals producers Incitec Pivot and Potash. In spite of a strong commitment to this process, the Ethical Council has been unable to achieve its objectives. It has therefore chosen to

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