The joint Ethical Council of Sweden’s First, Second, Third and Fourth AP [funds']...annual report for 2010...describes how the four AP funds make a difference by using their influence as owners to take action against infringement of international conventions and demand changes. The report gives an account of the past year’s developments in the Ethical Council’s ongoing dialogues with portfolio companies that can be associated with violations of the ethical guidelines governing the four AP funds’ investments...One company, Vedanta Resources, has been removed from the dialogue list and dialogues have been started with three new companies, Alstom, Veolia and Motorola Solutions.