AMWatch

Swedish pension funds slow to back local jobs, new report says

Pension providers in Sweden could make more effort to support the domestic labor market and companies paying their taxes locally, according to a new report by independent consultancy Söderberg & Partners.

Johanna Landberg, head of sustainability at SEK 79.5 billion SPP, considers the rating an important acknowledgment for SPP's pension savers. | Photo: SPP

People paying into Swedish pension plans want their money to support businesses paying tax in their country and promote employment, but the issue has a low priorty for pension providers, a new report has found.

The report by independent consultancy Söderberg & Partners, which was published in December, assesses the sustainability processes of 13 Swedish pension insurance companies. It evaluates how pension firms take sustainability data into account in their investment decisions, and how they consider four themes that are important for local pension savers in their operations -- job creation and paying taxes in Sweden; combatting child labor and lowering carbon dioxide emissions.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Evli's new fund aims for EUR 300m portfolio

Finland's net rental yield is at an attractive level even by international standards, and international investors have noticed this over the past five years, says Tero Tuominen, who heads the Evli Residential II fund.

Further reading

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch