Ap7, officially known as Första AP-fonden, is a prominent player in the insurance and pension funding services sector, headquartered in Stockholm, Sweden. Established in 2000, Ap7 has carved a niche in providing innovative pension solutions, primarily focusing on the premium pension system in Sweden.
With a commitment to sustainable investment practices, Ap7 offers a range of unique products, including the AP7 Såfa fund, which is designed to automatically adjust risk levels based on the investor's age. This approach not only simplifies pension planning but also enhances potential returns for clients.
Recognised for its strong market position, Ap7 has consistently achieved notable milestones, including significant growth in assets under management, making it a trusted choice for individuals seeking reliable pension solutions in Sweden and beyond.
+16 vs industry average
Ap7’s score of 53 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Insurance Services is among the least carbon-intensive industries
Industry performance
The Insurance Services industry has reduced its overall emissions by 7% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Ap7's reported carbon emissions
Ap7, headquartered in SE and operating within the Insurance and pension funding services industry, has established comprehensive climate commitments. For the year 2024, Ap7 reported substantial greenhouse gas emissions. Total emissions amounted to approximately 40.51 billion kg CO2e. This total is comprised of Scope 1 emissions totalling about 3.33 billion kg CO2e, Scope 2 emissions of approximately 892.93 million kg CO2e, and Scope 3 emissions reaching around 34.17 billion kg CO2e. In the preceding year, 2023, Ap7's emissions data indicates a significant portion attributed to Scope 3, with a total of approximately 278 billion kg CO2e. Scope 1 and 2 emissions combined for 2023 were approximately 43 billion kg CO2e. Ap7's climate action plan outlines a commitment to reducing its climate impact. The company has set a long-term target to reduce climate impact from purchased goods and services by 52% by 2030, specifically addressing Scope 3.1. Furthermore, Ap7 aims for a 97% reduction in climate impact per square metre of its total asset portfolio by 2040, encompassing all Scope 3 emissions. Ap7 has also committed to achieving net-zero greenhouse gas emissions across its value chain by 2040. This includes a reduction target for property management emissions of 46% by 2030, and a 78% reduction in climate impact per square metre by 2040, covering Scope 1, 2, and 3.13. The organization's reporting indicates that Scope 3 data for purchased goods and services is a noted missing data point in some disclosures. Ap7's carbon intensity for Scope 1 and 2 emissions was reported as 0.01 units of CO2e per SEK of revenue in 2024, and 0.0122 units of CO2e per SEK of revenue in 2023. The emissions data for Ap7 is not cascaded from a parent organisation.
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Ap7’s Climate Goals (2030 & 2050)
3 goals2040
52% reduction in scope 3 upstream
Castellum will reduce climate impact from purchased goods and services by 52 per cent by 2030 (Scope 3.1 Purchased goods and services, which…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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