The sustainability team rates over 4000 issuers with an ESG rating of 0-100. Each issuer is rated on 70 to 100 individual indicators. These indicators form the basis for integration of ESG issues into traditional financial analyses. Storebrand seeks to tailor the ESG input to Portfolio Managers according to the unique set of risks and opportunities that are relevant for portfolio companies.
In 2019 Storebrand has implemented fossil free criteria to three fixed income funds. Definition of these criteria is the responsibility of the Sustainability team while implementation lies with fund managers. Compliance is run daily on these exclusions.
In addition the sustainability team has, through the course of 2019, been called upon to assess investment in large infrastructure projects (such as gas pipelines) from an ESG perspective. Here the focus has been on identifying ESG risk factors (environmental effects of the project and/or relations with affected communities) that may have a financial effect on the viability of the project.