AP7 climate action plan
The AP7 climate action plan is a summary of AP7’s plan to contribute to reaching net zero emissions globally by 2050.
AP7’s mission, to create good returns for our savers, is dependent on the implementation of the Paris Agreement and on long-term sustainable global development. The goal of global net zero emissions by 2050 sets high demands. With our climate action plan, we want to make clear our intention to be a positive force in reaching the climate goal and describe how we will proceed.
The plan includes, among other things, a number of timed targets for AP7’s active ownership and investments. The goals are structured in accordance with the categorization stated in The Investor Agenda’s ”Expectation ladder” (theinvestoragenda.org). As part of the climate action plan, we will, among other things, map the proportion of companies with credible conversion plans in the portfolio and develop a plan to increase this proportion through investments, blacklisting and ownership management.
The climate action plan is based on the UN climate panel IPCC’s scenarios and the international energy council’s IEA’s Net Zero Roadmap 2050. It is based on available material during the first half of 2022 and will be continuously developed.