Investment strategy clearly states as a main selection criteria that investments be centered around transport hubs. This supports green mobility solutions.
        

          In addition to short distance to transport hubs, energy use and energy efficiency is a main part of GHG efficiency and emissions of a property. Climate-friendly energy supply, electricity and district heating along with a building's own green energy generation from heat pumps, solar panels etc are sought after, while avoiding fossil fuelled buildings. Energy effeiciency screened in prospectus, where the building's energy label should be stated. Further in the process the standard of the energy installations is valuated (Technical DD), along with the actual energy consumption pattern (which gives an important picture of the functionality of the installations and the operating efficiency (eventual extra technical valuation). The age and energy standard of the building indicates 1) cost to bring it up to desired standard and  2) attractiveness at re-letting (low standard gives lower expected market rate).  
Self-managed renovation and new-build has minimum standards of energy label B and A respectively. 
In addition to short distance to transport hubs, energy use and energy efficiency is a main part of GHG efficiency and emissions of a property. Climate-friendly energy supply, electricity and district heating along with a building's own green energy generation from heat pumps, solar panels etc are sought after, while avoiding fossil fuelled buildings. Energy effeiciency screened in prospectus, where the building's energy label should be stated. Further in the process the standard of the energy installations is valuated (Technical DD), along with the actual energy consumption pattern (which gives an important picture of the functionality of the installations and the operating efficiency (eventual extra technical valuation). The age and energy standard of the building indicates 1) cost to bring it up to desired standard and  2) attractiveness at re-letting (low standard gives lower expected market rate).  
Self-managed renovation and new-build has minimum standards of energy label B and A respectively.
        

          Contamination is always carefully considered as part of technical DD upon purchasing, as responsibility for clearing may be costly.
        

          Upon purchase, this is focused in the technical and sustainability DD of the building.  
BREEAM Building certification in renovation/new-build/purchase and standing investments constitute quality standards with third party verification. If no green building certification is provided, the technical DD must cover most important aspects specifically.  
E.g. asbestos, PCB, radon or other harmful topics are checked. Investments strategies mainly limit the scope of buildings to fairly new, not needing refurbishment, which also limits the risks. E.g when in 2019 SEN KS invested in a forward contract on a refurbishment and development project, steps were taken to secure the project was programmed to deliver installations and solutions for high indoor environmental quality, thermal user controls etc.
        

          Accessibility standards are high in Norwegian building codes, and this has strong focus in renovation and new-build projects, as well as upon purchase and technical DD. BREEAM certification also to a certain degree verifies this.
        

          Part of the selection method is to assess risk for re-letting, as part of the DD. Experiences from annual (third party) Occupier Satisfaction Assessments of all standing investments (portfolios) are integrated in the investment selection process.
        

          Strong guidelines and regular training in own organization, with special focus on tendering processes and transactions where big money is involved, but also day-to-day dilemmas and running business. High ethical standards emphasized.
        

          The supply chain of (re)development and refurbishment projects constitute a major risk of breach of governance principles.  
On the general level Storebrand Procurement Policy clearly states the commitment to sustainability (https://www.storebrand.no/site/stb.nsf/Get/get243081ebe800720432893fda3022676b/$FILE/2013_Innkjopspolicy_Storebrand_Engelsk.pdf)  
Contractors are obliged to sign UN Global compact's 10 principles.  
General procurement requirements constitute part of the contract with the supplier /contractor, and is included in all procurements also on entity /property level. Sustainability requirements include among others:  
• Obligation to have and maintain environmental management system (ISO 14001, EMAS, Nordic Swan or Eco-Lighthouse)  
• Obligation to maintain carbon /climate neutrality through offsetting carbon emissions 
Furthermore project contracts e.g. limits the number of levels of subcontractors to one, aiming to prevent social dumping and related violations. Also third party unnotified controls are conducted.
        

          According to Norwegian and Swedish law and general practice, shareholders have strong rights and our fund companies hold high such standards.  
Upon investment, the fund board, which represents the investors/shareholders, carefully evaluates the manager's proposition to buy (including ESG review) and draws it's conclusion. Finally, the shareholder meeting accepts or refuses the board decision to buy.