ESG

AP7’s promise to our savers is to create good returns in a responsible way through our asset management. In our work, we consider corporate governance, and environmental and social responsibility.

As a long-term and global investor in more than 2,000 companies worldwide, we are best positioned to make a difference through active ownership and by investing in companies that provide solutions to sustainability challenges, such as climate change, biodiversity and working conditions.

Climate change is one of the most urgent sustainability issues of our time. We therefore make dedicated efforts with the overall goal of reducing global greenhouse gas emissions. Read more in our Climate action plan.

AP7 applies a range of methods and works across multiple levels, with the aim of achieving real economic impact through responsible asset management.

Dialogue

Dialogue is a central tool for influence on several levels. We can have direct dialogue with individual companies, with sectors, regions and throughout entire value chains. We can also use dialogue to influence the development of capital market norms. Dialogue with companies is fundamental to all active ownership activities, and is often moste effected when combined with other methods of active ownership.

Voting and proposals

Voting at the Annual General Meeting is AP7’s primary tool for influencing the majority of portfolio companies and advancing principle-based positions on sustainability issues, as outlined in AP7’s voting policy. Submitting our own proposals is also an effective way to caputre the attention of company boards.

Collaboration

AP7 can achieve greater impact by collaborating with other actors who share similar ambitions, for example by submitting joint proposals at general meetings. Together with other investors, AP7 also develops norms, guidelines, and positions for responsible ownership.

Investments

As an investor, AP7 can allocate capital to companies that contribute solutions to sustainability challenges, such as climate innovation. As per year-end 2025, AP7 had SEK 83 billion in green, social and sustainable bonds, where proceeds are earmarked for environmental and social projects around the world. AP7 also sets ambitious climate targets for real estate and private equity investments, and has developed a transition portfolio to contribute to global net zero emissions. This is described in more detail in our Climate action plan.

Exclusions

AP7 does not invest in companies that violate international norms, or in companies where the potential to drive climate transition through engagement is deemed exhausted or too limited. By excluding companies that lack transition potential, we can concentrate our efforts on the companies where we can drive meaningful change. Read more about our risk-based approach to exclusions here.

AP7 Thematic work

AP7 complements its active ownership with thematic focus areas structured in three-year periods. This approach enables deeper engagement in particularly important sustainability issues. Read more about AP7:s Thematic work.

ESG