AP7 has summarized its own work on public policy dialogue and climate lobbying based on the “Global Standard on Responsible Corporate Climate Lobbying”.
With a long-term global ownership in over 3 000 companies, we can work through our active ownership with issues that encourage companies to take responsibility for their business operation and its effects on the surrounding world. This means that we can also collaborate with other universal owners to achieve these ambitions. Through organizations, alliances and coalitions, AP7 has the opportunity to act together with like-minded stakeholders as a societal actor who can influence decision-makers in, among other things, climate issues.
The Global Standard on Responsible Corporate Climate Lobbying is a global standard for responsible climate lobbying. The standard consists of 14 criteria that are intended to help companies conduct a more sustainable and responsible influence in the climate field. The initiative is supported by investors and companies with the aim to give investors and companies a common framework for reporting their climate lobbying in a transparent way.
– In the report AP7 Public policy dialogue and climate lobbying, we have applied the global standard for responsible climate lobbying to our own operations, the standard we were involved in developing. We have made an assessment of the potential influence of AP7’s memberships on climate policy. As the standard is primarily developed for multinational companies, and AP7 is a public pension fund, we had to make some adaptations. But we have made the report to set a good example by increasing our own transparency and identifying areas for improvement and more in-depth work, says Charlotta Dawidowski Sydstrand, Head of ESG at AP7.