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 34 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Ap7 reported total carbon emissions of approximately 4,300,000,000 kg CO2e from Scope 1 and 2, alongside 32,500,000,000 kg CO2e from Scope 3 emissions. This marks a slight decrease in Scope 1 and 2 emissions from 4,400,000,000 kg CO2e in 2022, while Scope 3 emissions decreased from 32,800,000,000 kg CO2e in the same period. Ap7 has demonstrated a commitment to reducing its carbon footprint, achieving a relative carbon intensity of about 0.0047 tonnes CO2e per SEK million in 2023, down from 0.0057 tonnes CO2e per SEK million in 2022. Despite these reductions, there are currently no specific reduction targets or climate pledges disclosed by the organisation. Overall, Ap7's emissions data reflects ongoing efforts to manage and reduce carbon emissions, aligning with industry standards for climate action.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | - | - | - |
Scope 2 | - | - | - |
Scope 3 | - | 00,000,000,000 | 00,000,000,000 |
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.