Progress report for
Commitment from a group of Swedish Investors on Goal 14 and Goal 6
Achievement at a glance
The so-called "Water Group" of Swedish Investors for Sustainable Development has made a comprehensive report on investment needs in Swedish municipalities. The report was presented at a parliamentary seminar in mid-December 2017. AP772/107
and SPP also wrote a debate article in connection with this in Dagens industri (https://www.di.se/debatt/debatt-slapp-in-privatkapital-i- va networks /). In addition, AP7 makes a greater commitment with some participants in Swedish Investors for Sustainable Development as a follower, on water issues and "better water management" in some portfolio companies in the "food and beverage", "garment" and "mining" industries. In 2019 AP7s Fresh Water theme was concluded. It aimed at investigating how their corporate governance and our investments can contribute to the attainment of the UN:s SDG 6. In the theme, they analysed companies with water risks, identified the opportunities for blue investments for asset owners, and highlighted challenges in the Swedish water and sanitation infrastructure. The results showed that water-related risks are underreported and need to be standardized. They also noted that companies need to become better at collaborating with other actors on shared water resources. The companies are much better at managing water risks internally than, for example, collaborating upstream and downstream in a river basin. Separately, in the report Vatten som investeringsobjekt they presented the need for investments in the Swedish water and sanitation infrastructure and the barriers to investing the capital available for blue investments. In 2019 two water mandates was set up that invest specifically in listed companies with water related enterprise, for example water infrastructure and innovations. Through these mandates they initiated projects aimed at investigating how reporting of water-related impact and indicators can be improved. Results are expected in the coming years. Reports can be downloaded from: https://www.ap7.se/omoss/dokument/
Beneficiaries
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