- Sweden’s Skandia has invested the equivalent of SEK 470m in a new bond issued by the World Bank.

The so-called Outcome Bond, totalling USD 200m, will finance the distribution of over 400,000 electric stoves in Ghana. The initiative is expected to give over one million people access to cleaner and more environmentally friendly cooking and reduced emissions. Skandia head of sustainability, Gabriel Lundström, said the investment is a “clear example” of how it can create social benefits while building stable returns for its customers.

- Two Dutch pension funds have confirmed their expected transition dates to the new system this week.

BpfBOUW is aiming to switch on 1 January 2026 while Pensioenfonds Detailhandel will move across on 1 January 2027. BpfBOUW said the Dutch regulator, De Nederlandsche Bank (DNB), still needs to give final approval but the scheme is ready to transition. Pensioenfonds Detailhandel, which previously announced a delay to its original transition date of 1 January 2026, said the new date gives it time to “carefully finalise all preparations and have them reviewed by the regulators”.

- Sweden’s KPA Pension, part of the Folksam Group, has acquired rental properties from CBRE Investment Management in Sigtuna and Lund.

The properties comprise 212 apartments in Sigtuna and 169 apartments in Lund, located in areas with good transport links and close to nature. They are Nordic Ecolabel certified and have been built with a focus on sustainability. Folksam Group property director, Jonas Bjuggren, said the acquisitions are in line with its long-term strategy of “investing in sustainable and secure living environments for the future”.

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