Skip to content

AP3’s environmental impact

Respect for the environment is at the centre of the AP3 investment approach. The Fund’s direct environmental impact is relatively small, consisting primarily of business travel, use of energy for office heating and cooling, and waste. Since 2017 the Fund has decreased its direct environmental impact in several ways, of which can be mentioned a decreased energy use of 41 % and a decreased CO2 emission from business trips of 26 %.

Medarbetare på AP3 som som stänger en dörr

Business travel

For business trips within Sweden, AP3 staff try where possible to use the train rather than travel by air. However, most business travel is to foreign destinations and involves flying. We routinely and more often use phone and video conferencing as an alternative to business travel. Our head office location in central Stockholm is conducive to efficient travel by public transport or bicycle rather than by car. AP3 has no company cars.

Energy-efficient office

Our office premises have LEED Platinum certification. LEED is one of the world’s leading environmental rating systems for buildings. Certification covers aspects such as energy use, indoor climate and use of recycled and locally produced materials. AP3 recycles paper and electronic waste and sorts carton, metal, plastic, batteries, light bulbs and kitchen waste.

Organisation´s energy use

2023

2022

2021

2020

2019

Energy use, total kwh

69,020

69,027

84,028

94,140

134,904

- electricity, kwh

49,980

41,139

41,692

50,460

90,140

- heating, kwh

19,040

27,888

42,336

39,200

39,200

- cooling, kwh

*

*

*

4,480

5,600

* Cooling is included in electricity.












Direct greenhouse gas emissions






Business travel, CO2 tonnes

256.7

123.6

37.9

47.9

118.8

Courier journeys, no.

95

79

34

137

145

- cycle courier journeys in Stockholm, no.

22

15

13

68

96

- car hybrid journeys in Stockholm, no.

48

49

10

40

49

- courier journeys outside of Stockholm

0

0

2

2

1

- domestic and foreign couriers by air

16

14

9

27

49







Total weight of waste






Paper use, kg

251

178

469.4

475.6

865.5

Ecolabel paper as percentage of total paper use, %

100

100

100

100

100

Recycled paper waste, kg

725

844

698

740

1,555

Recycled electronic waste, kg

15

530

0

0

264

Read more

ett bi

Focus areas and targets

To ensure that sustainability efforts are focused on the areas deemed to have the greatest impact on investments, AP3 works with focus areas. Based on the Board’s positions, AP3 is currently working with the following four focus areas: Corporate governance, Climate, Human rights and Biodiversity.
Focus areas and targets
Mönster årsringar brun

Sustainability

AP3’s sustainability work is based on the Swedish state’s values, where democracy, the equal value of all people, the freedom, dignity and sustainable development of the individual are central parts.
Sustainability
Lampor som hänger i taket på AP3

Collaborations and agreements

As a Swedish government body, AP3 is guided by the international conventions and guidelines ratified and supported by the Swedish Parliament. Examples include the UNFCCC with the Paris Agreement, the Convention on Biological Diversity and Agenda 2030.
Collaborations and agreements