Responsible investments
Responsible investment is about balancing environmental, social and profitability considerations in our management. We work systematically to ensure that the management of our investments takes place in a proper and sustainable manner.
Our approach
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We believe that companies that take account of sustainability have better prospects for future sustainability by managing risk market developments better than those that do not take such considerations into account. Asset management is based on the UN's 10 Global Compact principles, which include human rights, labour standards, the environment and the fight against corruption. This is set out in our Group Responsible Investment Policy and associated instructions, which are available on gjensidige.com.
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We have signed the UN Principles for Responsible Investments (UN PRI) as a commitment to act in the best interests of our stakeholders in a long-term perspective. Through our support – we recognise the important role of sustainability topics.
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We support the Paris Agreement. Based on the reports of the Intergovernmental Panel on Climate Change, we consider it necessary to have a strategy of net zero emissions in the investment portfolio by 2050 in order to achieve the agreement's goals. Through our commitment to SBTi, we are committed to doing this according to the best available science
Our targets
- Support the Paris Agreement's goal of net zero emissions in investment portfolios by 2050
- Exclude companies that violate international norms on which the UN Global Compact is based.
- By 2025, increase the share of external management in sustainable funds (ESG funds)
- Make it easier for customers to make sustainable choices.
Key measures in 2022
- We launched more sustainable pension profiles under the name "Green Future".
- We developed a framework for following up the net zero emission target for better management of management.
- We measured the share of total assets covered by the EU taxonomy for the first time.