Ap7, officially known as Första AP-fonden, is a prominent Swedish pension fund headquartered in Stockholm, Sweden. Established in 2000, Ap7 has made significant strides in the asset management industry, focusing primarily on managing the premium pension system for Swedish citizens. With a strong emphasis on sustainable investments, Ap7 offers a range of unique products, including its well-regarded AP7 Såfa fund, which is designed to provide a balanced and diversified investment strategy tailored to individual risk profiles. The fund's innovative approach to combining environmental, social, and governance (ESG) criteria sets it apart in the competitive landscape. Recognised for its robust performance and commitment to responsible investing, Ap7 has solidified its position as a leader in the Swedish pension sector, continually striving to enhance the financial security of its members.
How does Ap7's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Insurance Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Ap7's score of 28 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Ap7 reported total carbon emissions of approximately 4,100,000,000 kg CO2e, which falls under Scope 1 and 2 emissions. This figure represents a slight increase from 2021, where emissions were about 4,000,000,000 kg CO2e. For 2023, specific emissions data is not available, but the relative carbon emissions for Scope 1 and 2 were reported at 0.0047 kg CO2e per SEK of revenue. Ap7 has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests that while they are tracking emissions, they may not yet have formalised strategies for significant reductions. The organisation's focus appears to be on monitoring and reporting emissions rather than implementing aggressive climate action plans at this time.
Access structured emissions data, company-specific emission factors, and source documents
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Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Ap7 is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.