The House has a view
For us, delivering the best results for our clients means cultivating long-term financial value, a thriving society and a healthy planet.
Targets set
We're pledged to meet several sustainability targets between 2025 and 2050.
Our 2025 targets:
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Storebrand has set 32% target across our listed equity, publicly traded corporate debt and real estate portfolios. This is based on recommendations from Net-Zero Asset Owner Alliance, which assessed the IPCC’s 1.5°C pathways and identified an asset class-level emissions reduction target range of -16% to -29% by 2025.
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Storebrand operates with a solutions company whitelist which consists of companies that significantly contribute to sustainable development without causing substantial harm to environment or society. Examples are companies whose key business is centered around investment themes like renewable energy, technologies for sustainable city development, circular economy and recycling, electric public transport, water management, energy efficiency, sustainable materials and technology, responsible consumption and production, empowerment through access to health services and financial services in emerging markets.
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Storebrand has committed to eliminating commodity-driven deforestation from its portfolios by 2025. We are doing this by screening our portfolios and engaging companies and governments in systematic efforts to acheive zero deforestation and zero conversion of forests for production of commodities. The areas we are focusng on are 1) mining activity and 2) agricultural production of several commodities: palm oil, soy, cattle products and timber,cocoa, rubber, and coffee.
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Protection of nature and biodiversity is an important responsibiltiy of ours. In addition, quantifying nature impact is critical for our ability to make better long-term decisions.
Therefore, Storebrand has committed to, by 2025:
- enhancing all financial decision processes to include making nature-related risk assessments
- setting specific biodiversity targets.
Fulfilling these committments will enable us to increase the positive impacts that we have on nature, and, reduce the negative ones.
Committed to progress
We have made significant individual and collective pledges towards achieving sustainable investment.
Our method
We take a holistic and integrated approach to ESG, aiming for real impact and long-term value creation.
Policies and guidelines
Find formal documents on our implementation of sustainability risk management.
Sustainable Finance Disclosure Regulation (SFDR)
Our methods comply with the EU Sustainable Finance Disclosure Regulation (SFDR) regarding disclosure and integration of risk management.
A dedicated team of sustainability professionals
Storebrand manages sustainability risks through the coordinated efforts of our risk and ownership team, in collaboration with our investment managers. The team is dedicated to integrating environmental, social and governance (ESG) risks into our analysis of companies and management of investment portfolios. The dedicated resources on the team work closely with our portfolio managers and leadership, to implement our strategies and standards for investment.