Hoppa till innehållet
ap7 logo

News

Here you will find our most recent press releases and news. Below ”Contact” you will find our Image bank and spokespersons you can also download logos and images. You can also download our Annual financial reports and sustainability reports.

ESG Nyheter

2024-11-26

2 new companies on AP7’s blacklist – a total of 110 companies blacklisted

As of November 26th, 2024, two new companies will be added to AP7’s blacklist. The companies are blacklisted because they do not act in line with the Paris Agreement due to large-scale oil operations without transition plans. A total of 110 companies are blacklisted and excluded from the fund’s investment universe. AP7 invests in the…

2024-06-03

7 new companies on AP7’s blacklist – a total of 110 companies blacklisted

As of June 3, 2024, seven new companies will be added to AP7’s blacklist. The companies are blacklisted because they do not act in line with the Paris Agreement due to large-scale oil or coal operations without transition plans. A total of 110 companies are blacklisted and excluded from the fund’s investment universe. AP7 invests…

2024-04-18

AP7 filed a shareholder resolution at TotalEnergies’ Annual General Meeting

AP7, together with the Ethos Foundation and 18 other investors, filed a shareholder resolution at TotalEnergies’ Annual General Meeting. The coalition calls on TotalEnergies to separate the functions of Chair of the board and CEO, which are currently held by one and the same person. TotalEnergies is requested to cease the combined role of Chair and CEO. The proposal, submitted…

2023-12-15

Tackling systemic risks – antimicrobial resistance (AMR)

Antimicrobial resistance (AMR) is a risk to human and animal health – and one of the systemic risks that AP7 works to combat through our active ownership tools and collaboration. In 2023, we broadened our active ownership work on AMR, through several concrete actions. According to the World Health Organization (WHO), AMR is one of…

2023-12-04

AP7 and the Norwegian oil fund appointed as lead plaintiff in Clas Action against Silicon Valley Bank

AP7 together with the Norwegian oil fund, NBIM, have been appointed as co-lead plaintiffs in a securities class action case against Silicon Valley Bank, SVB, in Federal court in the United States. The allegations are that certain of SVB’s executive officers misrepresented and concealed the significant financial and liquidity pressure the bank faced from increasing…

2023-12-01

2 new companies on AP7’s blacklist – a total of 106 companies blacklisted

As of December 1, 2023, two new companies will be added to AP7’s blacklist. The companies are blacklisted because they do not act in line with the Paris Agreement due to large-scale coal operations without credible conversion plans. Three companies have been removed from the list. A total of 106 companies are blacklisted and excluded…

2023-10-11

AP7 Theme Report Climate Transition

AP7 has completed the Theme work Climate Transition (2020-2022). The theme has focused on the financial market’s possibilities to contribute to companies being involved in the climate transition. As a universal owner, in more than 3,000 companies around the world, AP7 has the privilege of being able to focus on systemic risks and real economic…

2023-09-19

Launch of TNFD – Framework for nature related issues

The Taskforce on Nature-related Financial Disclosures (TNFD), where AP7 is part of the steering group, has today published its final Recommendations for nature-related risk management and disclosure at Climate week NYC. After two years of design and development the TNFD launched its final recommendations on September 18th 2023 of nature-related risk management and disclosure. The…

2023-06-30

AP7 revises vote at National Grid after new climate lobbying commitment

Today AP7 has reversed its previous decision to vote against the Chair and CEO of National Grid, the UK and US energy company, at its upcoming AGM in July. The move follows the company’s public commitment to develop climate lobbying disclosure.   AP7 and Church of England Pensions Board have been in dialogue with the company…

2023-06-01

7 new companies on AP7’s blacklist – 107 companies blacklisted

As of June 1, 2023, seven new companies will be added to AP7’s blacklist. All companies are blacklisted because they do not act in line with the Paris Agreement due to large-scale coal operations without credible transition plans. Four companies have been removed from the list. A total of 107 companies are blacklisted and excluded from the…

2023-05-30

AP7 and LGIM establish partnership to launch climate transition strategy

AP7 has entered into a partnership with Legal & General Investment Management (LGIM) to develop a climate transition strategy as part of AP7’s transition portfolio. The partnership with LGIM is an active investment mandate. The objective of the active mandate together with LGIM is to achieve a positive effect in companies’ climate transition and at the same…

2023-05-24

AP7 in settlement with Kraft Heinz for $450 million

Defendants have agreed to pay $450 million to settle a class action in which AP7 was the lead plaintiff. The case concerned alleged materially misleading statements made in connection with the 2015 merger of Kraft Foods and Heinz. The case was handled by the US District Court for the Northern District of Illinois and the…

2023-05-15

AP7 and AMF form joint venture company

AP7 and the occupational pensions company AMF form a joint venture company that will become owner of the Urban Escape city block in central Stockholm. AP7 will own one third of the new joint company. The joint property company acquires the city block Urban Escape which includes the Gallerian shopping centre in central Stockholm. The…

2023-05-10

Climate Action Plan 2023

AP7 publish updated Climate Action Plan on how to contribute to attaining net zero emissions globally by 2050. One of the major threats to AP7’s mission, to generate returns and provide our savers with a good pension, is that we fail when it comes to limiting the global temperature increase to below 1.5 degrees. With this roadmap, we wish to…

2023-05-02

Board responsibility for climate transition in focus during the AGM season

Each year AP7 votes at over 4000 company meetings. During the 2023 AGM season, AP7 will place extra focus on holding the Board of Directors accountable for delivering credible climate transition plans. According to the International Energy Agency, IEA, greenhouse gas emissions must be halved by 2030 on the path to net zero emissions by…

2023-03-09

AP7 Public policy dialogue and climate lobbying 2022

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…

2022-12-01

3 new companies on AP7’s blacklist – a total of 104 companies blacklisted

As of December 1, 2022, 3 new companies will be added to AP7’s blacklist. One company is blacklisted due to involvement in nuclear weapons. Two companies are blacklisted because they do not act in line with the Paris Agreement due to large-scale coal operations without credible conversion plans. One company has been removed from the…

2022-09-26

Owners can put pressure on high-emitting companies to adapt

Asset owners have an important role in achieving change in high-emitting companies. Today, 26th of September, Richard Gröttheim and Johan Florén, CEO and head of ESG and Communications at AP7, publish the following opinion piece in the Swedish daily DN Debatt.   Owners can put pressure on high-emitting companies to adapt The Swedish election campaign is over. After…

2022-09-05

Richard Gröttheim will leave as CEO in 2023

After 12 years as CEO and 22 years in total at AP7, Richard Gröttheim has announced that he will be standing down next year. The board is now starting the process of recruiting a new CEO. When the Seventh AP Fund (AP7) began operations in 2000, it managed SEK 15 billion and Richard Gröttheim was…

2022-08-29

AP7’s plan to contribute to reaching net zero emissions globally by 2050

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…

2022-07-11

AP7 co-files shareholder resolution at Tesla AGM

AP7 co-files shareholder resolution at Tesla AGM together with Nia Impact Capital to strengthen workers’ rights.   The shareholder resolution, led by Nia Impact Capital, will be brought to Tesla’s AGM for the third consecutive year. The proposal, which seeks to strengthen workers’ rights, gained 27% of votes in 2020 and 45% of votes in 2021.…

2022-06-01

14 new companies on AP7’s blacklist – a total of 102 companies blacklisted

As of June 1, 2022, 14 new companies will be added to AP7’s blacklist. All new companies are blacklisted because they do not act in line with the Paris Agreement due to large-scale coal operations or oil sands extraction without credible transition plans. A total of 102 companies are blacklisted and excluded from the fund’s investment universe.…

2021-12-08

Seven new companies at AP7’s blacklist – totally 93 blacklisted companies

The AP7 blacklist is revised twice a year, in June and in December. As of 8 December 2021, seven new companies have been blacklisted. A total of 93 companies are blacklisted and excluded from the fund’s investment universe. The aim of the blacklisting is to exert pressure on companies that violate international norms to change…

2021-09-30

AP7 appointed as Taskforce Member to drive work on the TNFD framework

AP7 has been appointed to the Taskforce on Nature-related Financial Disclosures (TNFD). The steering group consists of 35 members from around the world representing financial actors and companies from a wide range of sectors. AP7 will be represented by Johan Florén, Head of Communications and ESG, together with Flora Gaber, Head of ESG Analysis. “Research…

2021-06-16

Two new companies at AP7’s blacklist – totally 86 blacklisted companies

The AP7 blacklist is revised twice a year, in June and in December. As of 16 June 2021, two new companies have been blacklisted. A total of 86 companies are blacklisted and excluded from the fund’s investment universe. The aim of the blacklisting is to exert pressure on companies that violate international norms to change…

2021-05-31

AP7 Sustainability Report and Extract of Annual report 2020

AP7 Sustainability Report 2020 AP7 Extract from Annual Report 2020 AP7’s Sustainability report is now published in an English version. AP7 has over SEK 720 billion invested in over 3000 companies worldwide. The large and wide universal ownership enables us to address the global challenges we face. This is done together with other committed owners…

2021-05-19

Report – Oil & Gas Climate Strategies and Energy Scenarios / Analys av klimatstrategier och scenarion från olje- och gasbolag

Analys av klimatstrategier och scenarion från olje- och gasbolag AP7 har låtit UK-baserade Trove Research göra en analys av 14 av världens största oljebolags rapportering om klimatscenarion. Oljesektorn är en av de mest kritiska för samhällets omställning, men analysen visar att bara fyra av fjorton rapporterar i enlighet med TCFD:s rekommendationer. En dryg tredjedel rapporterar…

2020-12-21

Reduced management fee for AP7 Equity Fund to 0.075 percent

The management fee of the AP7 Equity Fund will be reduced from 0.08 percent to 0.075 percent on 1 January 2021. AP7’s fees are continuously reduced whenever possible, since AP7 is a government agency and therefore non-profit. The sole objective is to manage the money for savers who do not wish to make an active…

2020-12-10

AP7 widens Paris Agreement criteria in its portfolio screening

For more than three years, AP7 has been blacklisting companies if they conduct activities that counteract the Paris Agreement. The fund has now developed methods for a wider application of the climate agreement in its screening, by starting to blacklist companies that make new major investments in coal production and coal power. After the first…

2020-10-02

AP7 in settlement with Alphabet regarding alleged mishandling of sexual misconduct

In January 2019, AP7 sued Google’s parent company Alphabet based on information about sexual harassment within the company. AP7 has now reached a settlement with Alphabet. The company will take a number of measures and over the next ten years invest 310 million dollars, corresponding to 2.8 billion kronor, to improve diversity and inclusion within the group.…