How is a Nordic Swan Ecolabelled fund inspected?

In connection with the application, Nordic Ecolabelling audits the fund manager's systems and processes. The fund manager shall:

· document clear processes for how companies are excluded and included in line with the Nordic Swan Ecolabel criteria.

· demonstrate that the requirements for transparency and active ownership are met.

· demonstrate supporting documentation for calculations, sustainability analyses, and the taxonomy alignment of companies. Ecolabelling Sweden performs an on-site inspection as a part of the licensing process and conducts regular checks during the licence period.