Questions and answers about the revised Nordic swan Ecolabel criteria for investment funds and investment products

Companies must become more sustainable to help achieve the Sustainable Development Goals. Nordic Swan Ecolabelled investment funds and products are a tool for savers and investors to influence companies towards sustainability.

Nordic Ecolabelling has tightened the requirements for Nordic Swan Ecolabelled funds so that the criteria remain a driving force for more sustainable investments. Generation 1 of the Nordic Swan Ecolabel criteria was launched in 2017 and expires in March 2023. Generation 2 of the criteria was launched in February 2022 and will be valid until March 2025.

Funds that are already Nordic Swan Ecolabelled have about a year to show that they are complying with the new, tougher criteria. All approved funds that are marketed in each country are displayed on the national website, until March 2023 also those funds that comply with the requirements of the older generation. The following questions and answers apply to Generation 2 of the criteria. For example, when it says "(O4)" or “(P1)”, it is a reference to the requirement in question. O = Obligatory requirement, P = Points-score requirement.