This report shows public data only. Is this your organisation? If so, login here to view your full report.

Gjensidigestiftelsen

PRI reporting framework 2020

You are in Strategy and Governance » Objectives and strategies

Objectives and strategies

SG 05. RI goals and objectives

05.1. Indicate if and how frequently your organisation sets and reviews objectives for its responsible investment activities.

05.2. Additional information. [Optional]

Gjensidigestiftelsen reviews the overall investment strategy together with responsible investment activities each year. Changes are suggested and recommended by the investment team and final approval is made by the board. 


SG 06. Main goals/objectives this year

06.1. List the main responsible investment objectives that your organisation set for the reporting year.

Responsible investment processes

Key performance indicator

          Number of team workshops each reporting year focusing on responsible investment strategies and continuing education of investment staff.
        

Progress achieved

With our PRI membership we have gained access to best practice on ESG integration per asset class and every member of the investment team are encouraged to stay updated on relevant best practices on ESG integration in their asset class. In addition, as member of Norsif we regularly attend seminars on relevant topics. 

Key performance indicator

          Number of engagements with external fund managers/ companies each year.
        

Progress achieved

Each portfolio manager is responsible for integrating ESG considerations in their portfolio and activities are reported to the board biannually. 

Key performance indicator

          Improvement of total portfolio rating versus benchmark and increased focus on tracking contribution to the SDGs
        

Progress achieved

Real time monitoring of ESG profiles in our portfolio, and full mapping of our portfolio companies to ESG issues through the use of MSCI and Factset.

Financial performance of investments

Key performance indicator

          In the long term investment horizon, higher risk adjusted return by considerations of ESG-factors in the investment process, but causality not proven
        

Progress achieved

Academic research project with local university BI, where students will write a master thesis on our ESG performance compared to our peers and impact of ESG-factors on portfolio performance over time. 

ESG characteristics of investments

Key performance indicator

          Monitoring improvement of ratings of investments versus benchmark for equities and bonds
        

Progress achieved

We monitor this through Factset and are in the process of implementing portfolio adjustments. 

Other activities

Key performance indicator

          Number of initiatives joined
        

Progress achieved

We have joined two initiatives this year.

Key performance indicator

          Respons on our encouragement
        

Progress achieved

We publicly announced that we have joined initiatives and encourage our peers and managers to do the same.

06.2. Additional information.


Top