Forsta Ap Fonden Sustainability Profile
Forsta AP Fonden, also known as the First Swedish National Pension Fund, is a prominent player in the investment management industry, headquartered in Stockholm, Sweden. Established in 2001, the fund has made significant strides in sustainable investment practices, focusing on responsible asset management across various sectors. With a diverse portfolio that includes equities, fixed income, and alternative investments, Forsta AP Fonden is committed to generating long-term returns while adhering to environmental, social, and governance (ESG) principles. The fund's unique approach to integrating sustainability into its investment strategy has positioned it as a leader in the Nordic region. Recognised for its robust performance and commitment to transparency, Forsta AP Fonden continues to set benchmarks in the industry, contributing to the financial security of Sweden's pension system.
DitchCarbon Score
How does Forsta Ap Fonden'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.
Industry Average
Mean score of companies in the Financial Intermediation 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.
Industry Benchmark
Forsta Ap Fonden's score of 36 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Forsta Ap Fonden's reported carbon emissions
Forsta Ap Fonden's carbon emissions data for 2024 indicates total emissions of approximately 500,000,000 kg CO2e from Scope 1 and 2, while Scope 3 emissions reached about 13,300,000,000 kg CO2e, with business travel contributing approximately 22,500 kg CO2e. In 2023, the fund reported Scope 1 and 2 emissions of about 610,000,000 kg CO2e and Scope 3 emissions of approximately 11,900,000,000 kg CO2e, with business travel accounting for around 24,300 kg CO2e. Over the past few years, Forsta Ap Fonden has shown a trend of increasing Scope 3 emissions, which may reflect broader operational changes or investment strategies. Notably, there are no documented reduction targets or climate pledges, indicating a potential area for future commitment. The fund does not inherit emissions data from any parent organization, and all reported figures are derived directly from Forsta Ap Fonden's disclosures. The fund's portfolio-weighted carbon intensity metrics for its credit portfolio were reported at 0.0054 SEK per kg CO2e in 2024 and 0.0063 SEK per kg CO2e in 2023, suggesting a focus on assessing the carbon impact of its investments. Overall, while Forsta Ap Fonden has substantial emissions, the absence of specific reduction initiatives highlights an opportunity for enhanced climate action.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - |
| Scope 2 | - | - | - | - | - | - |
| Scope 3 | - | 00,000 | 000 | 00,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Forsta Ap Fonden's Industry?
How Carbon Intensive is Forsta Ap Fonden's Location?
Forsta Ap Fonden's Scope 3 Categories Breakdown
Forsta Ap Fonden's Scope 3 emissions, which increased by 12% last year and increased significantly since 2020, demonstrating supply chain emissions tracking. Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories.
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Forsta Ap Fonden's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Forsta Ap Fonden has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
