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 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 22 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of 2023, Ap7's carbon emissions total 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 represents a slight decrease in Scope 1 and 2 emissions from 4,400,000,000 kg CO2e in 2022, while Scope 3 emissions have also seen a minor reduction from 32,800,000,000 kg CO2e in the previous year. In 2021, Ap7 reported Scope 1 and 2 emissions of 4,000,000,000 kg CO2e, indicating a trend of increasing emissions in subsequent years. The relative carbon emissions for Scope 1 and 2 have improved, with a carbon intensity of 0.0047 tonnes CO2e per SEK million in 2023, down from 0.0057 tonnes CO2e per SEK million in 2022. Despite these figures, Ap7 has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of formal climate pledges or SBTi (Science Based Targets initiative) commitments suggests a need for enhanced climate action strategies within the organisation.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2022 | 2023 | |
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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 committed to any reduction initiatives 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.