Carnegie Fonder publishes sustainability report
Carnegie Fonder, based in Sweden, has published another issue of its sustainability report, looking into questions of what to exclude, what to include, and how to implement investment processes that contribute to reducing carbon emissions.
The report - VÄRDEN - Carnegie Fonders hållbarhetsrapport - includes examples, such as how fund managers Fredrik Colliander and Karin Fries have worked wtih Russian holdings to encourage them to sign up to the United Nations Global Compact, which focuses on areas of environment, human rights, workers rights and anti-corruption.
Managers Mikael Engvall and Mona Stenmark outline how energy companies are better engaged to encourage a shift away from fossil fuels, an the role of investors' capital in engendering this change.
The report also notes the strong share price performance of companies involved in making nuclear weapons, but also why Carnegie Fonder does not invest in weapons, including anti-personnel mines and cluster munitions, which when used attack indiscriminately.
To read the full report (in Swedish) click below:
