Nykredit aims to play a substantial part in any of our service provider engagements. This means that we decide goals and evaluate them, but it also means that we participate in meetings with the company and if it is opportune always meets with the company bilaterally.
The internal engagements noted here are engagements, which only internal staff have been involved in. These types of engagements are not retrospective trigged by norm breaches but rather proactive related to risk or action that could be problematic. Two of the engagements related to infrastructure investments, three to potential norms breaches and the last two was related to involvement in fossil fuel production.
All the service provider engagements are also collaborative in nature, as we engage with other investors and the discussions with these also plays an important role in the succes of the engagement.
The collaborative engagement is Climate Action 100+. Sadly Nykredit did not have the opportunity to be part of the initiation of the initiative, but Nykredit has taken the lead of one of the company engagements and participates in two other groups as well.