The Council on Ethics recognizes that for many countries with abundant natural resources, corruption is a major concern and transparency is an important tool in tackling that corruption. That is why the four Swedish National Pension Funds (AP-Funds) support the Extractive Industries Transparency Initiative (EITI).
For more than 13 years, the AP Funds’ Council on Ethics has exercised influence on the AP Funds’ global portfolio of listed companies to improve their environmental, human rights and corporate governance work through engagement and dialogue. During 2019, the Council on Ethics’ efforts and involvement have focused on areas such as inadequate safety in managing mine waste, known as ‘tailings’. Other focus areas include money laundering, long-term environmental efforts in the oil industry and deforestation in South America.
Learn more about the Council on Ethics’ company dialogues and other engagements in the Council's 2019 Annual Report.
Statement of support for the EITI on the Council on Ethics' website.