Swedish pension provider KPA Pension, part of the Folksam Group, has decided to set specific goals to help protect nature and biodiversity through its investments.

The fund plans to conduct dialogues with companies it invests in and encourage them to speed up their work, share what they are doing, and be more open about their efforts to protect biodiversity.

This move is part of KPA Pension’s larger focus on sustainability, which also covers reducing carbon dioxide emissions, adapting to climate change, and promoting good working conditions.

By 2025, KPA Pension wants to have conversations with 16 companies across eight sectors that affect biodiversity.

These sectors include biotech and pharmaceuticals, chemicals, food, personal care products, mining, consumer goods, restaurants, and forestry/packaging. The fund intends to speak with two companies from each sector.

KPA Pension also wants to track how well the companies it invests in are doing with biodiversity, looking at their methods, if they are part of any initiatives, if they have policies about biodiversity, and if they support biodiversity-focused funds.

These goals aim to increase knowledge about how different industries handle biodiversity and use this information to set new goals for 2026 and beyond.

KPA Pension CEO, Camilla Larsson, said: "Our future depends on taking care of our planet and the ecosystems that support all life on earth.

“By setting targets for biodiversity, establishing dialogues with the companies we invest in and investing in sustainable solutions, we want to make a difference and inspire others to follow suit.”

KPA Pension will work towards the goals and report on progress and the dialogues to promote biodiversity.

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