Moving companies in a more sustainable direction
Storebrand's sustainable investment team is in dialogue with a large number of companies each year, seeking to influence them to move in a more sustainable direction.
By questioning companies about their sustainability practices and development, we challenge them to be more proactive in addressing these issues. In our experience, we achieve the best results through cooperation with other investors and targeted engagement with companies where our ownership level is highest.
Engagement themes 2024-26
Storebrand Asset Management has prioritised three thematic engagement themes and two cross cutting themes for the 2024-2026 period. Our prioritised themes align with the Sustainable Development Goals and with our own corporate commitments, as outlined in our Sustainable Investment Policy.
Our engagement priorities are characterised by a focus on double materiality, addressing salient issues that have implications for the financial value of companies, as well as the companies’ impact on the world at large. Strategically, we have also focused on issues where we have significant in-house expertise and experience, and where we believe we are well-placed to influence companies in a positive direction.
Engagement theme 2024-26
Climate change
Storebrand is committed to achieving net-zero GHG emissions by 2050, by actively engaging with key sectors, high emitting companies, and climate laggards in our portfolios. We encourage companies to have credible climate strategies aligned with the Paris Agreement.
Engagement theme 2024-26
Nature
We prioritise engagement within protecting biodiversity and mitigating nature loss. We are committing to eliminate commodity-driven deforestation by 2025, and prioritising dialogue with companies in ecologically sensitive areas for impactful environmental stewardship.
Engagement theme 2024-26
Human rights
Storebrand Asset Management avoids investing in companies involved in severe human rights violations. We engage with companies and policymakers to promote human rights, and will have a particular focus on reducing inequalities, conflict areas, and digital rights.
Cross cutting theme 2024-26
Policy dialogue
We actively engage with policymakers and stakeholders to promote sustainable business practices aligned with the SDGs and global agreements on climate, nature, and human rights through direct engagements, consultations, and investor alliances like Finance for Biodiversity and IPDD.
Cross cutting theme 2024-26
Sustainability disclosure
Storebrand advocates for standardised sustainability reporting by all companies to enhance transparency, manage sustainability risks, and ensure comparable and reliable information for better investment decisions globally.
Our engagement in numbers
Proxy voting
We use proxy voting to complement our engagement activities to exert additional influence over the companies we engage with.