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.
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