The overall objective of the study is to shed light on the subject of active ownership and the consequences of an increased ethical focus in the work of institutional investors. The following questions are treated within the study; - What do ethical aspects of ownership mean? - To what extent, and in what way, are ethical aspects taken into account by institutional investors? - What are the consequences of active ownership with ethical aspects taken into account? - What effects would an increased ethical focus in the work with active ownership in Sweden have? - What are the hindrances and possibilities for an increased ethical focus in active ownership in Sweden?