Skandia has invested SEK 1.5bn ($175m) in P Capital Partners’ new credit fund which focuses on financing carbon-neutral companies and those that have credible plans for the carbon transition.
“The investment is another piece of the puzzle in our climate roadmap and transition to sustainable investments in all asset classes. By 2025, we will have reduced our fossil holdings by 75% and doubled our green investments,” Lars-Göran Orrevall, head of asset management, said.
Companies:Skandia