Fondita Sustainable Europe has obtained the Nordic Swan Ecolabel

2020-10-08

                                                         svanen

We at Fondita Fund Management Company Ltd. are happy to announce that our fund Fondita Sustainable Europe has obtained the Nordic Swan Ecolabel. Fondita Sustainable Europe is among the first Finnish equity funds to obtain the Nordic Swan Ecolabel. Fondita has been working with sustainability issues for a long time and our goal is to be at the forefront of this work also in the future. Obtaining the Nordic Swan Ecolabel for our fund Sustainable Europe clearly reflects our strong commitment and is a response to the increased interest in sustainable investments among our customers.

“I am very proud that Fondita’s Sustainable Europe fund is one of the first equity funds in Finland to obtain the Nordic Swan Ecolabel. It is a quality stamp for the fund and proof that we work systematically to contribute to a more sustainable world.”, says Isabelle Ramsay, ESG responsible at Fondita Fund Management Company Ltd.

“The Nordic Swan Ecolabel is proof that the fund has a clear and distinct investment process and focus where sustainability is strongly integrated and plays a central role. I think investors who are looking for sustainable investment alternatives value this highly,” says Marcus Björkstén, portfolio manager of Fondita Sustainable Europe.

“The demand for sustainable investment products is growing rapidly. The Nordic Swan Ecolabel has an important task in guiding investors who want to ensure that the product meets a number of tough criteria. We would like to congratulate Fondita, whose fund Sustainable Europe today obtains the Nordic Ecolabel as an acknowledgment for its solid sustainability work ", says Sebastian Högnabba, ESG specialist at the Nordic Swan Ecolabel.

Fondita Sustainable Europe is an equity fund that primarily invests in European quality companies that through their products or services:

  • Enable a future of reduced CO emissions
  • Enable a future where natural resources are consumed more efficiently

A Nordic Swan Ecolabelled fund must meet 25 mandatory sustainability requirements. This applies, among other things, to the inclusion and exclusion of various holdings in the fund. Fondita Sustainable Europe already excludes companies in 11 different sectors: controversial weapons, weapons, nuclear power, tobacco, alcohol, gambling, pornography, coal, GMOs and fossil fuels.

Read more about Fondita Sustainable Europe here:

https://www.fondita.fi/en/funds/sustainable-europe

 

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For more information contact:

Marcus Björkstén, portfolio manager                                               
Fondita Fund Management Company Ltd.
+358 (0) 9 66 89 89 19

marcus.bjorksten@fondita.fi

 

Isabelle Ramsay, ESG responsible
Fondita Fund Management Company Ltd.
+358 (0) 9 66 89 89 11

isabelle.ramsay@fondita.fi

Fredrik von Knorring, customer relations
Fondita Fund Management Company Ltd.
+358 (0) 9 66 89 89 33

fredrik.von.knorring@fondita.fi

 

Sebastian Högnabba, ESG-specialist
Nordic Swan Ecolabel
+46 702 765 188

sebastian.hoegnabba@svanen.se

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