<strong>AP1 divests all its investments in fossil fuels
Alecta and KPA Pension invest in covid-19 bondsSwedish pension providers Alecta and KPA Pension have allocated SEK 2 billion (EUR 180 million) and SEK 340 million respectively, to a social bond issued by the International Finance Corporation (IFC), a member of the World Bank Group, to combat financial losses due to Covid-19. “Through this investment, we help both counteract the negative effects of Covid-19 and create security for companies and their employees. This type of investment in social bonds benefits both communities and our customers in the long term,” Tony Persson, head of interest and strategy at Alecta, said.The full article is only available to members
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