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

Storebrand ASA

PRI reporting framework 2020

Export Public Responses

You are in Direct - Fixed Income » ESG incorporation in actively managed fixed income » (A) Implementation: Screening

A) 実施:スクリーニング

FI 04. Types of screening applied

04.1. 実施するスクリーニングの種類を記載してください。

当てはまる項目を全てを選択してください
SSA
社債(金融)
ネガティブ/ 排他的スクリーニング
ポジティブ/業界最高のスクリーニング
基準に基づくスクリーニング

04.2. 組織内でアクティブ運用している債券に適用するスクリーニングのアプローチを記載してください。

Negative and Norm based screening

The Storebrand Standard applies to all internally managed funds and portfolios, including all Fixed Income investments, and covers:

1) Product related exclusions: controversial weapons (landmines, cluster munitions, nuclear weapons, chemical/biological weapons) and tobacco

2) Controversial issues: human rights and international humanitarian law, corruption and economic crime, environmental degradation

3) Sector specific exclusions: lowest performing companies in high risk industries + climate related (companies with over 25% of revenues from coal or planned coal fired plants over 1000MW, oil sand companies, palm oil companies causing deforestation).

As of Q4 2019 182 companies were excluded.

Positive/Best in Class screening

The Storebrand Sustainability rating covering 4000 companies also includes fixed income funds and portfolios. Ratings are on a 1-100 scale and capture whether companies are contributing positively or negatively to financially material Sustainable Development Goals. Analyses leading to the rating are theme/SDG based. Some types of bonds (Norwegian regional banks, Swedish Covered Bonds and Bonds issued by Norwegian/Swedish communes are given a group score based on ratings from the Financial sector in these countries.

On the basis of this sustainability rating, fixed income funds are rated on a scale of 1-10.

04.3. 補足情報 [任意]


FI 05. Examples of ESG factors in screening process

05.1. スクリーニング条件に含まれているESG要因の例を挙げてください。

種類

ESG要因

スクリーニング

スクリーニングの説明

1. Transparency International's Corruption Perceptions Index (CPI), published annually

2. The World Bank Worldwide Governance Indicators; Control of Corruption Index, published annually since 1996.

Exclusion criterion: Countries ranking among the 10 percent worst performers on the Transparency International CPI index and/or the World Bank Control of Corruption index will be excluded from investments at Storebrand. The 10 percent threshold includes any country with the same numerical score as the best performer of the group.

3. Freedom House Freedom in the World index, published annually since 1972

Exclusion criterion: Countries and territories which are given the lowest rating of 7 will be excluded from investments at Storebrand. Countries are given a rating of 7 when political and civil rights are absent or virtually nonexistent and the nature of the regime is characterised by severe oppression.

4. UN Sanctions:

Exclusion criterion: Countries that are subject to sanctions imposed by the UN Security Council will be excluded from investments at Storebrand. Countries will not be excluded in cases where sanctions are targeted specifically at independent groups within a country and not at the government of the country.

種類

ESG要因

スクリーニング

スクリーニングの説明

The Storebrand Standard applies to all Fixed Income products. In the areas of Social and Governance the standard comprises the following criteria

International Law and Human Rights: Storebrand will not invest in companies that contribute to serious violations of international law. This includes serious humanitarian law violations as well as violations of basic human rights.

Corruption: Storebrand will not invest in companies that are involved in grand corruption. The criterion is based on, among others, the United Nations Convention against Corruption.

Controversial weapons: Storebrand will not invest in companies involved in the development and/or production of controversial weapons including Landmines, Cluster Munitions or Nuclear weapons.

Tobacco: Storebrand will not invest in companies where the sale of tobacco products, or components exclusively designed for such products, exceeds 5 percent of total sales.

種類

ESG要因

スクリーニング

スクリーニングの説明

The Storebrand Standard applies to all Fixed Income products. In the area of Climate and Environment, the standard comprises the following criteria:

Environmental damage: Storebrand will not invest in companies involved in activities that cause serious environmental damage. The criterion is based on, among others, The UN Convention on Biological Diversity and The UN Framework Convention on Climate Change.

In addition the environmental damage criteria includes Palm Oil, Oil Sands and revenues from Coal.

種類

ESG要因

スクリーニング

スクリーニングの説明

Fossil Fuel exclusions

A number of our Fixed Income products are also fossil free which means that theyexclude companies that derive more than 5% of their revenues from the production and/or distribution of fossil fuels.

05.2. 補足情報 [任意]


FI 06. Screening - ensuring criteria are met

06.1. 債券投資においてファンドスクリーニングの基準に違反がないことを確認するために組織が使用しているシステムを記載してください。

スクリーニングの種類
ネガティブ/排他的スクリーニング​

その他

          Compliance on the Storebrand standard and other relevant exclusion criteria is conducted daily and eventual breaches are reported to the board.
        
ポジティブ/業界最高のスクリーニング

その他

          In house sustainability rating updated continually and used as input in fund management.
        
基準に基づくスクリーニング​

その他

          Compliance on the Storebrand standard and other relevant exclusion criteria is conducted daily and eventual breaches are reported to the board.
        

06.2. 補足情報 [任意]


Top