The trend of accelerating emissions of greenhouse gases must be stopped. Otherwise, we will not be able to limit increases in the median temperature to two degrees Celsius, according to the Intergovernmental Panel on Climate Change (IPCC).
By reporting the carbon footprint of our equity funds, Carnegie Fonder makes it possible for unitholders to compare them with other funds. For fund managers, the measurement is a tool that can be used in ongoing discussions with the holdings.
As recommended by the Swedish Investment Fund Association, Carnegie Fonder uses a measurement that shows the carbon intensity of our equity funds.
A low rating means that the fund has invested to a significant extent in companies whose operations produce low emissions in relation to revenues.
The measure indicates the carbon footprint of holdings in relation to net sales (tonnes/SEK millions), weighted according to the holdings’ percentage of the relevant fund portfolio.
Carbon footprint as of December 31, 2017:
|Carnegie Sverige Select||6,20|