Swedish pension fund AP7 blacklists Tesla, has sold entire stake:
Swedish pension fund AP7 said on Friday it has blacklisted and sold all its shares in U.S ...
reuters.com/sustainability/boards-policy-regulation/swedish-pension-fund-ap7-blacklists-tesla-has-sold-entire-stake-2025-06-13/
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Swedish pension fund AP7 blacklists Tesla, has sold entire stake: "AP7 has decided to blacklist Tesla due to verified violations of labor rights in the United ...
cnbc.com/2025/06/13/swedish-pension-fund-ap7-blacklists-tesla-has-sold-entire-stake.html
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Key FactsABP Divests Entire Stake in Alphabet and Meta
Feb 17, 2025 · Reading time: ~30 sec.
Summary created with AI assistance · Source: reuters.com
Summary created with AI assistance · Source: reuters.com
- The Dutch pension fund ABP has divested all its shares in Meta and Alphabet due to non-compliance with its governance criteria.
- CEO Harmen van Wijnen confirmed that the sales occurred in the third quarter of the previous year, without specifying exact timings or prices.
- With total assets of 544 billion euros, the fund has previously reduced investments in companies with significant climate impact.
- Van Wijnen clarified that the sales were unrelated to Donald Trump's election.
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