Sweden: Lack of investment in climate solutions by fund management co's puts Paris agreement at risk, finds report; incl. co responses
"Turning the tide - The urgent need to shift capital flows to climate solutions: A case study of ten fund management companies", a new report by Swedwatch focuses on the role of the finance sector in reallocating large capital streams towards green investments. The report finds that the contributions made by Swedish investors are not sufficient to reach the goals of the Paris Agreement and calls on investors across the globe to act.
SPP, Länsförsäkringar and Skandia's comments on the report are available on Swedwatch's website here. The Business & Human Rights Resource Centre invited the other companies named in the report to respond. AMF, Danske Bank, Handelsbanken, Nordea, SEB and Swedbank's statements are available below. Lannebo Fonder has not commented yet.