Sustainable Investment Review Q3 2023

In focus: rising urgency for action on climate

By  Kamil Zabielski, Storebrand Asset Management
ARTICLE · PUBLISHED 07.11.2023

We're once again being reminded of the climate challenge that we all face. The United Nations research institute UNU-EHS has just published Interconnected Disaster Risks, a new report that lays out the severity of several climate-related threats. The report grimly outlines the current situation, namely that we are on course to hit several potential environmental tipping points. 

With that backdrop, we take some time in this edition of our Sustainable Investment Review to examine the need for, and the role of the finance sector, in taking action on climate change. As our CEO Jan Erik Saugestad emphasises in presenting our climate report, the transparency of our efforts is important. Responsible investors will also get a boost from the latest guidance on corporate disclosures on nature, he notes.

The upcoming COP28 climate talks take on a heighted level of importance. Our Head of Climate Emine Isciel previews the issues for us. We also take some time to gather views around various regions on how clients view climate investments. Our Solutions team provides perspectives in investment in companies that offer solutions which contribute to the achievement of the UN SDGs. Included among these is a report from our site visit to a Swedish company that is benefitting from the focus on expanding renewable energy production.

Elsewhere, we celebrate recognition received by our Real Estate and Emerging Markets Plus funds, and take a look at our participation in several sustainability events. Last, but not least, we offer updates on our active ownership and exclusions activities. 

You'll find these and many more updates on our sustainable investment activities in this edition. We hope you'll find it interesting and informative!

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