We assess external managers which have responsible investment processes that are similar to our processes. Furthermore, they must comply with our exclusion list if the fund is distributed as a Danske Invest fund. This includes that:
External managers preferably applies to specified responsibility guidelines preferably based on international principles such as UN Global Compact, OECD Guidelines for Multinational Businesses, UN Guiding Principles on Business and Human Rights.
External managers have preferably signed the PRI or follow other principles for responsible investments.
The responsible investment team participates in review calls with select external managers where there is increased focus. This may be due to the nature of the investments undertaken by the external manager or where knowledge sharing between the respective responsible investment teams adds additonal value.