The Swedish Pensions Agency (SPA) has announced, on behalf of the Swedish Fund Selection Agency (FTN) and itself, the procurement of two sustainability analysis systems of financial portfolios and securities.
The systems will be standard systems to be used off-the-shelf and the deadline for submitting tenders in the procurement is 15 April 2025.
The acquired systems for sustainability analysis will be used for quality assurance and to monitor the funds in the Swedish premium pension system, which currently holds around SEK 2400bn in assets under management.
FTN sustainability strategist, Nadine Viel Lamare, said: “To meet FTN's needs, we need to procure two sustainability analysis systems.
“The systems we are looking for must have both breadth and depth in terms of the type of sustainability analyses provided but also have good coverage in terms of geography and type of securities that can be analysed.”
Tenders must be submitted via the e-Avrop procurement platform, and a profile in e-Avrop is required to submit them. All questions regarding the procurement must also be asked on this platform.
FTN is responsible for procuring, monitoring, and quality-assuring the funds in the premium pension system to ensure safer and higher pensions for Swedish savers.
Under Swedish law, all selected funds by FTN must be sustainable and fulfil minimum criteria for sustainability.
When procuring funds, FTN evaluate the sustainability commitments made by fund managers and check that the minimum sustainability requirements are met in each procurement and throughout the contract period.
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