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.
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.
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.
Forsta Ap Fonden's score of 28 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Forsta Ap Fonden reported total carbon emissions of approximately 610,000,000 kg CO2e, a notable increase from about 400,000,000 kg CO2e in 2022. This data reflects emissions from Scope 1 and 2, with no reported emissions from Scope 3. The weighted average carbon intensity for Scope 1 and 2 in 2023 was 6,300 kg CO2e per SEK of revenue. Over the past five years, emissions have fluctuated, with 2021 reporting about 600,000,000 kg CO2e and 2020 at approximately 580,000,000 kg CO2e. The highest recorded emissions during this period were in 2019, at about 800,000,000 kg CO2e. Despite these figures, Forsta Ap Fonden has not disclosed any specific reduction targets or initiatives, nor does it appear to have cascaded data from a parent organization. The absence of documented climate pledges or SBTi targets indicates a potential area for improvement in their climate strategy. Overall, while the fund's emissions have seen significant changes, the lack of clear reduction commitments suggests a need for enhanced climate action moving forward.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | - | - | - | - | - |
Scope 2 | - | - | - | - | - |
Scope 3 | - | - | - | - | - |
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.
Forsta Ap Fonden 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.