AP7 leads investor group challenging major European gas emitters

A EUR 1.76 trillion group of investors led by Swedish national pension fund AP7 is taking 55 major European greenhouse gas emitters to task over their approach to climate lobbying. Nordic companies are among the targets.

"At this point in time we find it unacceptable that companies counteract ambitious climate policy, either directly or through their business organizations," says Charlotta Dawidowski Sydstrand, sustainability manager at AP7. | Photo: AP7

Danish business conglomerate A.P. Møller Mærsk Group and Norwegian energy firm Equinor (formerly Statoil) have today, alongside 53 of Europe's largest companies, received a letter from a EUR 1.76 trillion group of investors.

The investor group is led by Swedish national pension fund AP7, alongside The Church of England Pensions Board and the Institutional Investors Group on Climate Change.

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