Keva's active owneship approach is descibed in two public documents: Responsible investment by asset class and Owneship policy (currently available only in Finnish).
As can be seen from the attached report, Keva has an aim to improve its active ownership processes during 2019-2020. https://www.keva.fi/globalassets/2-tiedostot/tama-on-keva--tiedostot/sijoitukset-talous-ja-raportointi/responsible-investment-by-asset-class.pdf
This progessed during 2019 with 1) the new strategy leading to a significantly more concentrated portfolio than earlier enabling a more realistic starting point for engagement, given the limited resources 2) a standardization of both the company and the engagement frameworks (discussed above) 3) a procurement of a proxy-voting platform, setting up appropriate processes and placing the first votes during H1 2020. A more strategic explanation of the progress is provided in LEI 1.
Active ownership and dialogue create an enabling environment to influence entities we invest in. In this case, there will also be a wider benefit from the operation for communities, the environment and financially via the more sustainable practices of the entity invested in.
In 2018, Keva becoome a member of IIGCC. One target of the membership is to improve our ability to engage with the companies with regards to climate. In 2019, Keva became a member of Climate Action 100+
A strategic-level description of our thinking in responsible investments in general and active ownership in particular can be found in