AMWatch

Nordea's Swedish pension company is undergoing its most extensive ever investment restructuring

During this year's first six months, Nordea's pension company in Sweden has worked on an extensive restructuring to invest more sustainably.

Photo: Henning Bagger / BAG / Ritzau Scanpix/bag / scanpix

Nordea Liv & Pension Sverige has gone through its most extensive ever restructuring of investments. In this year's first six months, the pension company has reallocated more than EUR 2bn from traditional investments to investments with a smaller carbon footprint and more strict sustainability criteria.

"As an asset owner, our company is responsible for yielding a long-term healthy return to pension savers while also contributing to a global transition to ensure a more climate-friendly and sustainable future. Our reallocation of close to EUR 2.8bn over the past year is a step in this direction and an essential part of our climate strategy alongside continued active ownership," Nordea Liv & Pension Sverige Head of Sustainability Peter Sandahl states in a press release.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • 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

Oil fund 2021 returns almost reach 15 percent

The three last years have been the best in the sovereign wealth fund's history, in NOK terms. CEO Nicolai Tangen and Deputy CEO Trond Grande don't expect the same good times going forward, however.

Further reading

Related articles

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch