Describe your organisation’s investment principles and overall investment strategy, interpretation of fiduciary (or equivalent) duties,and how they consider ESG factors and real economy impact.
We work actively with sustainability in all our investments – both from a top-down and bottom-up perspective. From a top-down perspective we strive to identify investments that are exposed to sustainable structural trends. We are convinced that sustainability is a fundamental precondition for an innovation, service, or other phenomenon to grow faster than the average of the world economy in the longer term. From a bottom-up perspective we search for investments that actively work with its sustainability responsibility. By analyzing every investment individually, we only invest in companies that meet our investment criteria. Sustainability is an integrated part of our investment analysis and has been so since the foundation of the company.
Provide a brief description of the key elements, any variations or exceptions to your investment policy that covers your responsible investment approach. [Optional]
We exclude investments of which more than 5% of its production or revenues arise from alcohol, weapons, pornography or gambling while also excluding investments that have any production or revenues from fossil fuels and tobacco. We include investments exposed to certain megatrends and the 17 sustainable development goals. In certain situations, we might override these standards if we identify companies that are undergoing a transformation to become compliant in a foreseeable future. More information about this will be found in our investment policy.