Swedish pension fund exits 250 firms to align portfolio with EU climate benchmark

The move comes as legislation introducing the EU’s new Climate Benchmark categories enters into force

Today, Sweden’s €39bn pension fund AP2 (also known as Andra AP-fonden) announced that half of its entire portfolio – comprising its global bond and equities holdings – has now surpassed the EU’s ambitious new criteria for Paris-aligned benchmarks (PAB).

According to AP2’s CEO, Eva…

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