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Ethical Council appoints Secretary-General

The Ethical Council of Sweden’s AP funds has strengthened its operations by appointing John Howchin as Secretary-General. His primary role will be to coordinate the Ethical Council’s corporate dialogues and the investor initiatives which the Council supports. He will also help to develop the Council’s strategies and focus areas.

John is currently senior analyst at Norges Bank Investment Management (NBIM), where he is in charge of environmental research, corporate dialogue and strategic development. He previously spent five years at GES Investment Services as deputy CEO, head of research, and environmental analyst and has worked in socially responsible investment since 1998.

Christina Hillesöy, Chair of the Ethical Council in 2009, said: “We’re delighted to welcome such a competent and experienced person as John to the Ethical Council. His experience in environmental and social research and his background in working for an institutional investor that prioritises these issues will enable him to make a major contribution to taking the Ethical Council forward.

John takes up his position as the Ethical Council Secretary-General during the first quarter 2010.

For further information, please contact:
Christina Hillesöy
Chair of the Joint Ethical Council in 2009
Tel: +46 (0)8 555 17 123
christina.hillesoy@ap3.se

 

About the Ethical Council
The First to Fourth AP Funds (AP1-AP4) are buffer funds in the Swedish national pension system. The four competing funds have a common mission: to invest Sweden’s pension capital so as to achieve the greatest possible benefit for the pension system and generate high long-term returns with a low level of risk. In doing so, the Funds must take ethical and environmental considerations into account without compromising the overall objective of attaining a high return.

The Ethical Council was formed in early 2007 to coordinate SRI analysis of environmental and ethical compliance in the foreign companies where the AP funds have holdings. The Ethical Council’s mission is to combine the four Funds’ resources and votes for greater leverage in influencing the foreign companies in which they invest to conduct their operations without violating the international conventions signed by the Swedish government.