The new disclosure regulation is, together with the above-mentioned Sustainable Action Finance Plan, a crucial part of the EU’s Sustainable Finance Framework and European Green Deal. The regulation will increase the information available for investors about both the potential positive and negative impact of their investments and the related ESG risk. The EU Sustainable Finance Disclosure Regulation (SFDR) is a new set of EU rules for increased comparability and reduced greenwashing among financial products. There will also be sustainability indices developed for better benchmarking and comparability of investment strategies and funds.ĮU Sustainable Finance Disclosure Regulation
The EU’s Sustainable Finance Action Plan is relevant for asset managers, pension funds, banks and insurers, amongst others.
The most important of which is adherence to joint exclusion criteria and normative expectations of the companies the group invest in. SKAGEN's sustainability framework benefits from being integrated within the Storebrand framework in key areas. As the first Norwegian company to establish a sustainable investment department in 1995, it has a track record of developing and offering a variety of leading and innovative sustainable funds. Storebrand is a global leader in sustainable investments. SKAGEN's sustainability framework is embedded under the Storebrand Group framework for sustainable investments. You can find SKAGEN's Sustainable Investment Policy here. As society has evolved, as we have learned more and as the challenges the world is facing have grown, we have adapted as well. Investing sustainably is thus essential in order to achieve the best possible risk-adjusted returns for unit holders.Įver since publicly stating our ESG guidelines in 2002, SKAGEN has spoken and written about ethical companies companies whose business practices we do not want to be a part of and how we expect companies to treat all shareholders equally. We believe that companies that incorporate sustainability in their business strategy will outperform their peers over the longer term.