Swedish pension administrator SPK has joined the Nature Action 100 initiative.

It stated that the loss of biological diversity represented a significant economic risk, as depleting natural capital threatened the availability of critical resources and put “more than half” of global GDP at risk. Nature Action 100 is a global investor-led initiative with the aim of influencing companies to take the necessary measures to protect and restore nature and ecosystems. Investors participating in the initiative engage companies in key sectors deemed systemically important to reversing the loss of biodiversity by 2030. More than 200 institutional investors from around the world are participating in the Nature Action 100 initiative.

Finnish pension provider Ilmarinen has called for the diversity of nature to be taken into account throughout the lifecycle of a real estate investment.

It noted that the real estate and construction industry has many effects on nature: Changes in land use, use of natural resources, climate change, pollution and alien species. Ilmarinen has therefore announced a plan for its domestic real estate investments to strengthen biodiversity. “Biodiversity must be taken into account throughout the entire life cycle of construction and real estate management, so that natural destruction in the real estate and construction industry can be stopped,” said Ilmarinen director of real estate investment, Tomi Aimonen. “As one of Finland's largest real estate owners and as a significant responsible developer, we want to be a pioneer in promoting the industry's work to improve the state of biodiversity.”

Danish pension company PFA has set up a youth council with the aim of raising awareness of the economy, climate and health.

The council aims to strengthen the dialogue with younger customers on topics such as mental health, climate and financial security. It will provide input on how PFA’s advice, value proposition and communication for young people can improve. The PFA Youth Council will consist of 10-12 people, one of whom will be appointed as a representative. Council members participate for a two-year period, and after the first year approximately six more members. PFA currently has approximately 180,000 customers aged 18-30, which amounts to around 14 per cent of the total customer group of 1.3 million.

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