Swedbank Robur Says It’s First Out With ‘Paris Aligned’ Funds
A sign sits on the exterior of the Swedbank AB headquarters in Sundbyberg, Sweden, on Tuesday, March 5, 2019.
Photographer: Mikael Sjoberg/BloombergThis article is for subscribers only.
Swedbank Robur, the asset management arm of one of Sweden’s biggest lenders, says some of its funds have broken new ground by being formally aligned with the 2015 Paris Agreement on climate change.
“As far as we can see, we are the first fund company securing and classifying funds as Paris Aligned according to the EU Sustainable Finance climate benchmark approach,” said Liza Jonson, Swedbank Robur’s Chief Executive Officer, in emailed comments.