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 39 is higher than 58% 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 for Scope 1 and 2, alongside about 32,500,000,000 kg CO2e for Scope 3 emissions. This marks a slight decrease from 2022, where Scope 1 and 2 emissions were about 4,400,000,000 kg CO2e and Scope 3 emissions were approximately 32,800,000,000 kg CO2e. Ap7 has not disclosed specific reduction targets or initiatives as part of its climate commitments, nor does it appear to have cascaded any emissions data from a parent organization. The absence of documented reduction targets suggests a need for further development in their climate strategy. Overall, Ap7's emissions data reflects a significant reliance on Scope 3 emissions, which typically encompass indirect emissions from the value chain, indicating a broader impact on climate change. The organisation's headquarters is located in Sweden (SE).
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | - | - | - | - |
| Scope 2 | - | - | - | - |
| Scope 3 | 790,000 | - | 00,000,000,000 | 00,000,000,000 |
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.
Ap7 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.
