The Council on Ethics of the Swedish AP Funds (AP-fondernas etikråd) announced this morning it has appointed two sustainability specialists to work alongside the panel’s director, Jenny Gustafsson – completing the operational team mapped out in the recent revamp of the council.

The Stockholm-based body said today: “The AP funds’ Council on Ethics welcomes sustainability specialists Anna Warberg and Alexander Elving.

“With Anna and Alexander in place, the strengthened Council on Ethics, which has been led by Jenny Gustafsson since 2023, is now full,” it said.

Warberg and Elving both had significant experience in sustainability analysis and active ownership, the council said, with the former coming from a job at the screening and data firm ISS ESG, and the latter from insurance and pensions group Länsförsäkringar Liv.

At ISS ESG, Warberg had led the development of the corporate dialogue services on behalf of global institutional investors, having previously also led the analysis of controversies, according to the announcement.

Elving, meanwhile, had focused on active ownership in the institutional portfolios at Länsförsäkringar Liv – within the framework of international investor initiatives, as well as evaluation of external managers, it said.

“Within the Council on Ethics’ focus areas, Alexander will lead and develop the work connected to antimicrobial resistance and climate change, and Anna will focus on child and forced labour and water,” the council said.

Gustafsson started work last June as executive leader of the collaborative body run by Sweden’s big-four national pension buffer funds.

AP1, AP2, AP3 and AP4 kicked off a fundamental rethink of how the council should operate in future in October 2021, alongside the departure of John Howchin, its secretary general for 12 years.

Read the digital edition of IPE’s latest magazine