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This document outlines how to be a responsible owner focused on long-term, sustainable businesses. It covers exclusion and conduct-based criteria, addressing issues such as weapons, tobacco, human rights, labor rights, business ethics, and environmental challenges. It emphasizes the need for engagement and active ownership among shareholders and discusses the current practices and challenges in Sustainable and Responsible Investment (SRI) and Environmental, Social, and Governance (ESG) frameworks. Lastly, it highlights the importance of transparency, clear communication of risk, and low-cost management in achieving sustainable investment goals.
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Responsibleinvestments Responsible investments BI, 15th November 2012
Howwetry to be a responsibleowner Goal: long-term and sustainablebusinesses.
Exclusion • Conductbasedcriteria • Productbasedcriteria • Weapons • Tobacco • Human rights • Labour rights • Business ethics • Individual rights • in war and conflict • Corruption • Environment
Still toofewactiveshareholders Source: MSCI
Wherearewenow? 3. 1. 2. 4. Whatarethechallengesahead? Currentpractices? What do theydeliver? Has SRI/ESG been a success? Wherearewemoving?
Reputationoftheindustry • Don’tforgetthebasics! • Don’tsellproductsclientsdon’tneed. • Don’tsellproductsclientsdon’t understand. • Be clearaboutthe risk level. • Be transparent and do proper reportingaboutperformance, costsinvolved, successfees etc. • Low-costmanagement is a part ofsustainableassetmanagement.
Norsif • An investor initiative • Danske Capital, DNB, Folketrygdfondet, KLP, Ministryof • Finance, Nordea, Storebrand • Aim: Building knowledge and competenceaboutsustainable and responsibleinvestments in theindustry and among stakeholders • FNO willfunction as a secretariat • Formal launch in thebeginningof 2013