Swedbank Robur launches dark green fund to support climate transition

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The interest in saving sustainably continues to increase, and savings alternatives that have a clear focus on climate change are what most people demand*. With the launch of the new fund Climate Impact, Swedbank Robur aims to meet that demand in a clear way and take yet another concrete step in achieving its climate goals. Climate Impact is classified as a dark green fund according to the EU SFDR** and invests in companies that contribute to solving the world's climate challenges, mainly those related to the UN's Global Development Goals 7 (Affordable and clean energy ) and 13 (Climate action).

"We have had a strong focus on the climate issue for many years and want to take a clear stance in issues that are important to our customers and investments. The growing interest in saving sustainably and with the climate in focus, are central and positive drivers in our dedicated work to continue to shift capital in a more sustainable direction. As Sweden's largest fund company, it is our responsibility to dare to think new and go first, and to meet customer demand in a clear and hands-on way”, says Liza Jonson, CEO of Swedbank Robur.

Linnea Zanetti, one of the portfolio managers of Swedbank Robur Climate Impact, also highlights the connection between value growth and sustainability.

"We have long worked according to the principle that companies that contribute to a better world are the winners of the future. In the Climate Impact fund, we will use a quantitative and systematic process to select the companies that have a clear connection to the UN Global Development Goals 7 and 13. The fund has a global investment focus and in total we have selected around 80 companies in different industries, which we believe meet our requirements. It sets a stable foundation for a good balance and growth potential for the fund,” says Linnea Zanetti.

Swedbank Insurance, a wholly owned company of Swedbank, with 1.2 million customers in Sweden and a managed capital of SEK 300 billion, will be an anchor investor in the fund.

Swedbank Robur Climate Impact can primarily be linked to the UN's global development goals 7 (Affordable and clean energy) and 13 (Climate action). 

Swedbank Robur Climate Impact
Climate Impact is a global fund focusing on climate transition. The fund's fee is 0.70%. Further information about the fund can be found at www.swedbankrobur.se/climateimpact (link). Examples of sectors in which the fund will primarily invest are companies active within:

  • Renewable energy (solar, wind, water, energy storage).
  • Green buildings (construction and management)
  • Energy efficiency (energy storage, clean transport, low carbon footprint).
  • The fund will be available at Swedbank as of September 16, and soon also on all major trading platforms.

Contact:
Carina Sesser Nylund, Press manager, Swedbank Robur ph. +46 72 230 52 64

Risk information
Historical growth is no guarantee of future yields. The value of your fund savings can both rise and fall, which is why there can be no guarantee that you will get back your original investment. Please read prospectuses available on the website swedbankrobur.com or visit a retailer.

*According to a SIFO/Kantar survey March 2021 conducted on behalf of Swedbank and Swedbank Robur.
**Classified as dark green (Article 9) under the EU Sustainable Finance Disclosure Regulation (SFDR).

Swedbank Robur is a wholly owned subsidiary to Swedbank and active in Swedbank´s four home markets. Swedbank Robur was founded in 1967 and offers more than 80 mutual funds, institutional and discretionary asset management and management of pension funds. The number of customers is 3 million in Sweden and 1 million in the Baltic countries. Assets under management are approximately SEK 1678 billion (2020). Swedbank Robur’s vision is to become a world leader in sustainable value creation.

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Quotes

We have had a strong focus on the climate issue for many years and want to take a clear stance in issues that are important to our customers and investments. The growing interest in saving sustainably and with the climate in focus, are central and positive drivers in our dedicated work to continue to shift capital in a more sustainable direction. As Sweden's largest fund company, it is our responsibility to dare to think new and go first, and to meet customer demand in a clear and hands-on way.
Liza Jonson, CEO, Swedbank Robur.