The Swedish Fund Selection Agency, together with the Swedish Pensions Agency, gives notice of the procurement of systems for sustainability analysis
The Swedish Pensions Agency now announces on its behalf and on behalf of the Swedish Fund Selection Agency (FTN) the procurement of two systems for sustainability analysis of financial portfolios and securities. The systems to be procured shall be standard systems to be used off-the-shelf. The deadline for submitting tenders in the procurement is 15 April 2025.
FTN is responsible for procuring, monitoring, and quality-assuring the funds in the Swedish premium pension system, and to cater for a safer and higher pension for the Swedish pension savers. According to law, the funds selected by FTN must be sustainable and fulfil minimum criteria for sustainability.
When procuring funds, FTN evaluates the sustainability commitments made by fund managers and checks that the minimum sustainability requirements are met in each procurement and throughout the contract period. The procured systems for sustainability analysis will be used to quality assure and monitor the funds in the Swedish premium pension system, which currently amounts to approximately SEK 2400 billion in assets under management.
“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,” says Nadine Viel Lamare, FTN's Sustainability Strategist
Important about tenders:
- Tenders to be submitted through the procurement platform e-Avrop:
e-Avrop - Pensionsmyndigheten
External link.
- A profile in e-Avrop is needed to submit tenders in the procurement
- All questions related to the procurement must be asked via the procurement platform: e-Avrop - Pensionsmyndigheten External link.
- Deadline for submitting tenders in the procurement is: April 15 2025.
Please note that documents submitted to an authority, such as tenders, are public documents and may therefore be disclosed in their entirety if someone requests access to them. However, information protected by confidentiality will not be disclosed. It is therefore essential that the fund manager indicates which parts of the material submitted in the tender should be covered by confidentiality, together with a description of how the fund manager would risk being prejudiced if the information were publicly disclosed. FTN will also make an independent confidentiality assessment which may be subject to judicial review.