ɰl Storebrand v3.0
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Storebrand is a Norwegian financial services group that offers life insurance, asset management, banking, and insurance. It uses a sustainability rating framework to evaluate companies based on their positioning for global trends, efficient operations, and financial robustness. The framework excludes companies in controversial industries and those with low sustainability ratings. Storebrand has an ESG team that conducts in-depth analysis of over 4,000 companies using 120,000 data sources to monitor ESG performance and identify issues. The team engages with companies through shareholder pressure to improve their sustainability.
ɰl Storebrand v3.0
- 1. Storebrand
- 2. Agenda ? Company Introduction ? Sustainability Rating Framework ? Conclusion
- 3. Company Introduction StoreBrand ASA Storebrand Life Insurance SPP Assest Management Storebrand Insurance Storebrand Bank 0 500 1,000 1,500 2,000 2,500 2008 2009 2010 2011 2012 Profit UnitNOK Million 380,000 390,000 400,000 410,000 420,000 430,000 440,000 450,000 2010 2011 2012 Assets under management UnitNOK Million
- 4. Storebrand ASA Delphi family of funds ESG team Storebrand Kapitalforvaltning (Asset Management Co) Storebrand Fondene (Fund Mngmt Norway) Index team Active team Delphi team Storebrand family of funds Sustainability in Asset Management
- 5. ? Company Introduction ? Sustainability Rating Framework ? Conclusion
- 6. Sustainable Investments Sustainability Rating Minimum Standard Active Ownership Sector Analysis of all companies with evaluation of positioning, effici ent operations, and financial robustness. Excludes companies based on the themes of human rights, corruption, enviro nment, controversial weapons and tobacco. In addition, companies, ETF s and government bonds with low sustainability rating are excluded. Companies are contacted with questions about their practice and their performance related to sustainability, and are challenged to have a clear understanding of the relevant issues. Dedicated team of 8 ESG analysts within Front Office Sustainability Investments Financial Model
- 7. Sustainability Rating Tool/Database ? Proactive Investment ? Minimum Standard ? Financial Performance Piotroski F-score
- 8. Positioning for global trends 40% Efficient Operations 40% Financially robust 20% Sustainability Rating 70-100 indicators per sector, 1-3 datapoints per indicator Investment Model
- 10. Section Section Definition Operational Impact Full-time Employees: Female Managers Number of full-time female management employees at the end of the reporting period Operational Impact Waste Disposed: Recycled/Reused Amount of waste disposed through reuse and recycling during the reporting period. Operational Impact Market Research on Clients: Research Frequency Frequency with which organization conducts market research on clients. Choose one: - Regularly - Annually - Semi-annually - Bi-annually - Occasionally from time-to-time - Never - Planning to start Components of the organization's written policy to support progression/promotion of employees equally, irrespective of Data Sourcehttp://iris.thegiin.org/
- 11. Follow-up ? nearly 4000 companies that are monitored continually ? customized internet search engine: searches through 120,000 sources, for a combination of company names and thematic search words. It is this process that allows us to identify news articles on possible company breaches of our criteria. ? sustainable investment committee makes the final decision
- 12. Engagement ? Shareholder pressure improve environmental, social and governance (ESG) performance ? Daily contact ? Cooperation with other investors
- 13. Agenda ? Company Introduction ? Sustainability Rating Framework ? Conclusion
- 14. Conclusion In the future, How Do Investors EVALUATE one company?
- 16. Conclusion Organization description Financial Report Operational Efficiency Supply Chain Impact