Engagements in asset management
In our holdings, we actively support a transition away from coal as an energy source for companies where coal based generation exceeds 10 per cent of total generation. The focus of the work is primarily on European power companies.
SEB engages directly in a dialogue with companies’ management and boards of directors regarding how to make improvements in issues related to environment and climate change.
During 2018, we performed 177 engagement dialogues with focus on environment, especially thermal coal usage and climate change. As regards international companies, SEB collaborates with other investors as well as with partners like Hermes EOS, IIGCC, the Carbon Disclosure Project (CDP) and PRI Clearinghouse.