Guidelines for Sustainability

Guiding principles

Storebrand has signed the UN principles for responsible companies, the Global Compact, and these principles act as a basis for our guidelines for sustainability. We support the UN Human Rights Conventions, the UN Environment Conventions, the ILO Core Conventions and the UN Convention Against Corruption. We have signed the UN Principles for Responsible Investment (PRI) and Principles for Sustainable Insurance (PSI), and both these initiatives are guiding stars for our activities.

Storebrand focuses on sustainability, both in our products, services and in our cooperation with suppliers and partners. This is fundamental to the Group’s strategy and brand. The following principles form the basis for Storebrand’s work within sustainability:

The principles are: 

• We base our business activities on the UN Sustainable Development Goals (SDGs).
• Through our products and service-offering, we will help customers make more sustainable choices.
• We are a responsible employer.
• We consider sustainability in all processes and decisions – from the Board and executive management level, who have the overall responsibility, to each individual business manager and employee.
• We cooperate with customers, suppliers, authorities, and partners in our work with sustainability.
• We are transparent about our work on sustainability and what we achieve.

Guidelines for Sustainable Investments

Storebrand works systematically to invest in companies that contribute positively to sustainable development. Our long-term vision for the year 2050 is a world where nine billion people live well, and within the earth’s natural limits. In addition to Storebrand Sustainable Investment policy, we have Storebrand Exclusion Policy

Our Exclusion policy is based on the assumption that the companies which contribute to solving societal problems in a sustainable way, will also be the most profitable in the long term. Storebrand's Exclusion policy shall help to ensure our clients’ future returns. Established in 2005, Storebrand's Exclusion policy applies to all of Storebrand’s internally managed funds and pension portfolios.

. This policy describes what kind of companies we do not wish to invest in, and is approved by the corporate executive management of Storebrand ASA. 

Guidelines for compliance and sustainable practices in operations

Guidelines for compliance and sustainable practices in operations are available in our Sustainability Library.

Sustainability Reports

Storebrand has produced environmental reports since 1995 and sustainability reports based on the Triple Bottom Line (finance, social responsibility and the environment) since 1999. Since 2008, sustainability reporting has been integrated into our annual report and audited by third parties. Please visit our Sustainability Library for the latest reports.