Why we like the Swedes

Climate Economy

Why we like the Swedes

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A tough, but civilized discussion with Swedish pension fund AP7 on why they continue to invest, not divest, from Saudi Aramco.

Swedish pension fund AP7, which manages around $87.6bn in assets, has come under criticism from environmental campaigners over its investments in Saudi Aramco.

The CEO of Climate & Capital Media’s Nordic media partner, Ingmar Rentzhog, recently sat down with AP7’s chief ESG officer Johan Floré for a polite, but blunt, discussion on why the Swedish pension giant prefers engagement with Aramco and not divestment.

 

Written by

Peter McKillop

Peter McKillop is the founder of Climate & Capital Media, a mission-driven information platform exploring the business and finance of climate change.