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

Church of Sweden

PRI reporting framework 2020

You are in Direct - Listed Equity Active Ownership » Overview


LEA 01. Description of approach to engagement

New selection options have been added to this indicator. Please review your prefilled responses carefully.

01.1. Indicate whether your organisation has an active ownership policy (includes engagement and/or voting).

01.2. Attach or provide a URL to your active ownership policy.

01.3. Indicate what your active engagement policy covers:

General approach to Active Ownership


01.4. Do you outsource any of your active ownership activities to service providers?

01.5. Where active ownership activities are conducted by service providers, indicate whether your active ownership policy covers any of the following:

          The policy is very brief, saying we, and/or the AMs, should engage with companies on ESG if weaknesses or breaches of international norms appear.

01.6. Additional information [optional]

The service provider will detect any breach of international norms and evaluate the breach, engage if necessary and report on the outcome of the engagement.

In the policy, we say:

6.2.1 Active owner that exerts an influence
The Church of Sweden shall strive to be a responsible owner in a broader sense. This means that we are active owners and make use of our opportunities to influence increased sustainability. We can do this independently or in conjunction with other actors. This influence can, above and beyond ongoing asset management be expressed by:
 Making our position clear and influencing public opinion.
 Engaging with corporations, representatives from the financial sector and other actors in the market.
 Developing new investment products in conjunction with asset managers.
 Supporting and being engaged in different initiatives in Sweden and internationally.

and in the guidelines that give more granularity to the policy, we say in section 2.1:

Even companies that have done much can exhibit serious shortcomings in parts of its operations and consequently risks being in breach of the policy. The asset manager shall engage the company in question (or several companies in the same sector) in a dialogue for the purpose of improving the company's working methods. Again, the company's response, action plan and how serious the shortcomings are all determine whether or not it is possible to invest in the company.