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    First to Provide ESG Screening for Private Investors

    Stockholm (NordSIP) – While the snow falls outside, the Swedish-based investing platform Aktieinvest has taken a decisive step that may change the game for private investors, but ultimately also for society and especially the environment. In a press release, Therese Lundstedt, CEO of Aktieinvest, announces today that her firm is now offering US-based big-data specialist Arabesque’s S-Ray screening as part of its investment tools.

    Citing the WWF, Aktieinvest says that SEK 370 billion (almost €40 billion) of Swedish savings is invested in energy stocks, which are related to fossil fuels. While there are many sustainable fund alternatives available, there has not been much ESG information for those wishing to invest directly in individual stocks. By partnering with Arabesque, Aktieinvest wants to give savers the power to put their money where their convictions lie.

    Investors’ demand for increased transparency has never been stronger, says Lundstedt (in Swedish). Therefore, a tool such as Arabesque’s S-Ray, which combines big data and machine learning to assess the sustainability of companies worldwide can change the market. Lundstedt wants to make private investments in stocks easier, and she believes that presenting sustainability data in an easy and digital form directly to Aktieinvest’s customers and through its new Sustainability box (Hållbarhetssparbox), represents two ways to make the world of savings more modern and client-oriented.

    Georg Kell, Chairman of Arabesque and founder of the UN’s Global Compact, is quoted saying that Sweden has long been a leader in sustainable investing and that this partnership represents a decisive step.

    The press release in Swedish is available here.

     

    Picture © Aktieinvest

     

    Aline Reichenberg Gustafsson, CFA
    Aline Reichenberg Gustafsson, CFA is Editor-in-Chief for NordSIP and Managing Director for Big Green Tree Media. She has 18 years of experience in the asset management industry in Stockholm, London and Geneva, including as a long/short equity hedge fund portfolio manager, and buy-side analyst, but also as CFO and COO in several asset management firms. Aline holds an MBA from Harvard Business School and a License in Economic Sciences from the University of Geneva.

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