The four Swedish government buffer funds — AP1, AP2, AP3 and AP4 — have issued an RFI for suppliers of environmental, social and governance analysis and advice.
The funds, worth a combined €84billion ($106.2 billion), are partially coordinating the search through the Ethical Council, a committee formed by the funds to coordinate their work on environmental and ethical issues.
Fund officials plan to hire more than one firm, according to the RFI. GES Investment Services is the incumbent.
The deadline for responding to the RFI is Aug. 9. The RFI can be found here.
Hirings are expected by October.
Daniel Brooksbank is editor of Responsible Investor.