Responsible Investments

At PFA, we believe that accountability and good returns are increasingly interlinked – not least from the point of view of a responsible investor. It’s our ambition to be best at generating a sustainable return.


Responsible investments should generate strong returns

We support the Paris Agreement’s climate targets, contribute actively towards meeting the UN’s Sustainable Development Goals and we invest billions in the green transition. At the same time, as active owners, we are doing our part to influence companies to pursue a positive development path that benefits both people and the environment. We do so because we believe that sustainable business models are the key to good long-term returns. 

We have committed ourselves to ensuring that our investments as a whole are carbon neutral by 2050 at the latest, but for our savings solution PFA Climate Plus, the ambition is for our customers to be able to have a carbon neutral pension saving already by 2025.

Principal Adverse Impact Statement

In PFA, it is important for us to minimise the adverse sustainability impacts of our investments.
Please read more about our work in PFA’s Principal Adverse Impact Statement.

You can read about our approach to responsible investments under the various areas


Active ownership

We take responsibility for the development of the companies that we invest in.

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Climate & sustainability

We contribute to the green transition and a sustainable development.


Learn more  


Tax behaviour

We do not tolerate aggressive tax planning and behaviour that takes advantage of loopholes in the tax codes.

Learn more 


Integration of sustainability risks

We have integrated sustainability risks in our products in order to ensure sustainable returns.


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Policy and guidelines

We base our decisions on internationally recognised standards and principles.


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Human rights

We want to contribute to protecting human rights and promoting sustainable development in the companies that we invest in.

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Government bonds

We invest in government bonds, but we must do so in a way that respects international convention.

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Exclusion of companies and countries

We prioritise entering into a dialogue rather than excluding companies. However, there may be cases where an exclusion is required.

Learn more and view exclusion lists