Storebrand
| Industry:insurance | ISIN:NO0003053605 | Country:NO | CRR:C+ |
Company Profile:
Storebrand ASA is engaged in the market for pensions, life and health insurance, banking and asset management. The company's activities are carried out through three main business areas: Life Insurance, Storebrand Investments and Storebrand Bank.
Strengths/weaknesses profile:
Strengths:
- comprehensive integration of environmental and social aspects into asset management services
- comprehensive integration of environmental and social aspects into the company's investment portfolio
- group-wide implementation of a strategy for addressing climate change and related sector-specific risks
- commitment to the principles of the UN Global Compact
Weaknesses:
- lack of transparency regarding the integration of environmental and social aspects into the company's property and casualty insurance products and services
- lack of transparency regarding measures taken to guarantee responsible sales practices
Reasons for inclusion in the Index:
Storebrand has implemented wide-ranging measures for integrating environment-related and social aspects into asset management. These include the fact that Storebrand does not invest in bonds from countries in which corruption is widespread (relates to personal investments and investment products).
Company website:www.storebrand.no