AMF takes climate change seriously and think that the financial sector plays an important role, alongside with other public and private sector actors, in the transition towards lower carbon emissions and a more sustainable use of resources. At the same time as fossil energy has to be phased-out, in order to limit the increase of global warming, we see that fossil-based resources are and will be needed in a foreseeable future. This is especially true in the energy sector, but also in other sectors as part of the production process or as fuel.

We have read the Swedfund report with great interest and it is a valuable input to our continuing work with ESG-issues in our funds. For example, we will set a target for our CO2-footprint during 2018.