Principles of Responsible Investment 2023 assessment of Storebrand Asset Management

Storebrand ASA has been a signatory of the Principles for Responsible Investment (PRI) since 2006. From 2019 Storebrand Asset Management has been a PRI signatory in its own right. PRI signatories have committed to annual reporting on their responsible investment frameworks and practices. PRI produces assessment reports on each signatory report to provide feedback and support learning and development. What are the feedback and improvement areas for Storebrand Asset Management?

By  Storebrand
ARTICLE · PUBLISHED 25.01.2024
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New reporting framework

The PRI has introduced a new reporting framework, which means that signatory assessment scores are not comparable to earlier years. Signatories that choose to publish PRI's Assessment Report must also disclose their full Transparency Report to the PRI, which the assessment is based on. These two reports should be read in conjunction, as the Assessment Report only lists score per module and indicator, whereas the Transparency Reports provides full disclosure of the basis for PRI's assessment.

 

Download reports
 

 

Summary of scores

The following are Storebrand Asset Management's scores for each of the 8 modules we were assessed on

Policy Governance and Strategy: 92/100 

Direct-Listed Equity-Passive Equity: 100/100 

Direct-Listed Equity-Active Quantitative: 100/100 

Direct-Listed Equity-Active fundamental: 100/100 

Direct-Fixed Income-SSA: 94/100 

Direct-Fixed Income-Corporate: 95/100 

Direct-Fixed Income-Private Debt: 90/100 

Confidence-building measures: 90/100 

 

Historical returns are no guarantee of future returns. Future returns will depend, among other things, on market developments, the manager's skills, the fund's risk profile and management fees. The returns can be negative as a result of price losses. There is risk associated with investments in the fund due to market movements, developments in currency, interest rates, economic conditions, industry- and company-specific conditions. Before investing, customers are advised to familiarize themselves with the fund's key information and prospectus, which contains further information about the fund's characteristics and costs.