The Board of Directors decides the long-term policy of Keva's investment operation and accepts the guidence documents. The principal guidance documents, Investment Beliefs and the Responsible Investment Beliefs determine this policy. Development of the responsible investment strategy and processes are reported to the Board of Directors twice a year.
The Responsible Investment Steering Group drives the practical development of responsible investing. The Steering Group is composed of a representative from each of Keva's investment units. The head of responsible investment convenes the Steering Group.
The group makes development proposals to investment units and to the chief investment officer, disseminates information internally, is responsible for Keva's annual UN PRI reporting and prepares and presents questions relating to responsible investing to the chief investment officer for decisions.
Responsible Investment Beliefs
The high-level targets are set in the document "Responsible Investment by asset class". These objectives are reveiwed less frequently than annually,
The shorter-term objectives are decided in the meetings of the Responsible Investment Steering Group, based on the state of the overall development.
Referring to the question SG05.1, whilst the objectives are set on a 3-5 year horizon, they are reviewed all the time as the project moves forward. The objectives are updated as the project moves forward and the targets are reached.