Responsible investment is a key part of our fund selection activities. We strive to select and recommend funds that act in a responsible way and observe sustainable development.
We demand a certain level of responsibility from our third party funds. The level of responsibility varies somewhat depending on asset class and geographical area. Therefore we do not presuppose, that the methods of other asset managers should be identical with those we employ ourselves in direct investments in equities and corporate bonds.
We demand, that asset managers include responsibility as a part of their investment activities. We expect, that asset managers define their approach to responsible investments, and that they develop, communicate and report about it in an appropriate way. Key factors regarding responsibility are for example signing the UN PRI principles, observation of international norms, observation and inclusion of ESG factors in investment processes, and active ownership. We encourage asset managers to commit to the curbing of climate change and to support the development towards a less carbon dependent society, and observe this in their investment decisions.
In our fund analysis we form a view on how responsibility is accounted for in investment processes and decisions. We evaluate how responsibility impacts the return and risk profile of the funds. We additionally strive to develop the responsible investment activities of the asset managers.