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Swedfund Participates in UN PRI

Press Release   •   Oct 18, 2012 07:00 GMT

UN Principles for Responsible Investment (UN PRI) has acknowledged Swedfund’s commitment to integrate the six Principles in our business activity and to submit an annual report of this work.

“Participation in these UN principles of responsible business is consistent with our ambition to continue to prioritize a professional ESG (environmental, social, governance) platform for increased value creation,” says the acting Managing Director, Anders Craft, who adds,

“Our investments take us to low and lower-middle income countries. The application of ESG criteria in our decision making process and in our conduct as owners promotes an improvement in the performance standards for our portfolio entities in these areas. This will, in turn, increase our efforts to promote good corporate citizenship and to create a more stable, sustainable and inclusive world economy.”

Read more about UN PRI and the six Principles on at UN PRI’s website.

About Swedfund

Swedfund, owned by the Swedish state, provides risk capital, expertise and financial support for investments in the emerging markets of Africa, Asia, Latin America and Eastern Europe. Our mission is poverty reduction through sustainable business, contributing to economic and environmental development as well as a positive impact to society. Since 1979 Swedfund has been engaged as an active, responsible and long-term investor in more than 230 companies in our countries of operation.