KLP has a separate set of guidelines relating to conflicts of interest: https://www.klp.no/polopoly_fs/1.10877.1312454994!/menu/standard/file/es110450-klps_etiske_retningslinjer_2009.pdf
In addition, KLP has a more detailed set of internal guidelines for the KLP asset management subsidiary, relating to conflicts of interest between, inter alia, mutual fund customers and KLP as shareholders.
KLP shall engage as an active shareholder in a way that balances the costs and benefits. Such active ownership shall be underpinned by KLP’s shareholder principles and relevant norms for corporate governance (particularly the Norwegian Code of Practice for Corporate Governance - NUES) and KLP’s voting guidelines. In addition, the exercise of active ownership shall comply with the principles laid down by the UN Global Compact, the UNPRI and the UN Guiding Principles on Business and Human Rights, as well as the OECD Guidelines for Multinational Enterprises.