AP funds coordinate ethics activities and set up a joint Ethical Council
Through the formation of an Ethical Council, Sweden’s national pension bufferfunds, AP1, AP2, AP3 and AP4, have coordinated their SRI analysis ofenvironmental and ethical compliance in the foreign companies where the fundshave holdings. The collaboration will involve monitoring of the funds’ investmentportfolios with regard to violation of international conventions, analysis anddialogue with the portfolio companies. This collaboration does not extend toSwedish companies, for which the respective AP funds will continue to conducttheir own dialogues and analyses.In a recent