Sustainable investment

Storebrand has set 32% target across our listed equity, publicly traded corporate debt and real estate portfolios. This is based on recommendations from Net-Zero Asset Owner Alliance, which assessed the IPCC’s 1.5°C pathways and identified an asset class-level emissions reduction target range of -16% to -29% by 2025. 

Storebrand operates with a solutions company whitelist which consists of companies that significantly contribute to sustainable development without causing substantial harm to environment or society. Examples are companies whose key business is centered around investment themes like renewable energy, technologies for sustainable city development, circular economy and recycling, electric public transport, water management, energy efficiency, sustainable materials and technology, responsible consumption and production, empowerment through access to health services and financial services in emerging markets.

Storebrand has committed to eliminating commodity-driven deforestation from its portfolios by 2025. We are doing this by screening our portfolios and engaging companies and governments in systematic efforts to acheive zero deforestation and zero conversion of forests for production of commodities. The areas we are focusng on are 1) mining activity and 2) agricultural production of several commodities: palm oil, soy, cattle products and timber,cocoa, rubber, and coffee. 

Protection of nature and biodiversity is an important responsibiltiy of ours. In addition, quantifying nature impact is critical for our ability to make better long-term decisions.

Therefore, Storebrand has committed to, by 2025:

• enhancing all financial decision processes to include making nature-related risk assessments
• setting specific biodiversity targets.

Fulfilling these committments will enable us to increase the positive impacts that we have on nature, and, reduce the negative ones.

Storebrand was one of the founding members of the United Nations-convened Net-Zero Asset Owner Alliance. Storebrand is committed to achieve net zero greenhouse gas emissions across all its assets under management by 2050.

Storebrand Asset Management has through the Finance for Biodiversity Pledge made a commitment to protect and restore biodiversity through our investments.

After watching the devastating effects, the pandemic has had on millions of supply chain workers' health and their precarious working conditions, it is more important than ever to build more resilient supply chains.

As an investor with a high focus on sustainability, Storebrand believes that all companies should report on standardized and company specific sustainability metrics.