Sweden’s New $90 Billion Pension Plan: Non-ESG Funds Not Welcome
Sweden has announced a plan to promote Environmental, Social and Governance (ESG) oriented companies through the targeted investment of its pension fund. One trillion Krona (90 billion USD) of pension savings will be allocated for investment into firms that abide by ESG standards. This plan is the most recent of a series of initiatives put in place by the Swedish pension system to contribute towards the fight against climate change, human rights and other pressing issues. The wave of societal contributions...
