成發會 storebrand v3.0

Storebrand

Agenda

• Company Introduction• Sustainability Rating Framework• Conclusion

Company Introduction

StoreBrand ASA

Storebrand Life Insurance SPP Assest

ManagementStorebrand Insurance

Storebrand Bank

2008 2009 2010 2011 20120

500

1,000

1,500

2,000

2,500Profit

Unit： NOK Mil-lion

2010 2011 2012380,000

390,000

400,000

410,000

420,000

430,000

440,000

450,000

Assets under management

Unit： NOK Million

Storebrand ASA

Delphi family of funds

ESG team

Storebrand Kapitalforvaltning(Asset Management Co)

Storebrand Fondene(Fund Mngmt Norway)

Index team

Activeteam

Delphiteam

Storebrand family of funds

Sustainability in Asset Management

• Company Introduction• Sustainability Rating Framework• Conclusion

Sustainable Investments

Sustainability Rating

Minimum Standard

Active Ownership

Sector Analysis of all

companies with

evaluation of positioning,

efficient operations,

and financial robustness.

Excludes companies based on the themes of

human rights, corruption, environment,

controversial weapons and tobacco.

In addition, companies, ETFs 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

Sustainability Rating Tool/Database

• Proactive Investment：

• Minimum Standard：

• Financial Performance：Piotroski F-score

Positioning for global

trends40%

Efficient Operations

40%

Financially robust20%

Sustainability Rating

70-100 indicators per sector,1-3 datapoints per indicator

Investment Model

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 ImpactMarket 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

Operational Impact Fair Career Advancement Practices

Components of the organization's written policy to support progression/promotion of employees equally, irrespective of demographic characteristics. Choose all characteristics covered in the organization's policy:- Gender - Race- Color - Disability - Political opinion - Sexual orientation - Age - Religion - Social origin - Ethnic origin

Data Source： http://iris.thegiin.org/

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

Engagement

• Shareholder → pressure → improve environmental, social and governance (ESG) performance

• Daily contact• Cooperation with other investors

Agenda

• Company Introduction• Sustainability Rating Framework• Conclusion

Conclusion

In the future,

How Do Investors

EVALUATE one company?

Conclusion

Organization description

Financial Report

Operational Efficiency

Supply Chain Impact