Our sustainability goal is based on our conviction that companies working structurally with sustainability issues become more successful in the long-term, and thus can become more profitable investments for our unitholders.
SEB signed the UN's Principles for Responsible Investments (PRI) in 2008. These principles guide our fund management company's sustainability activities.
Since signing, we have expanded beyond the exclusion of controversial and nuclear weapons from our funds. In 2016, we decided to exclude companies that extract thermal coal. As of 12 June 2017, we took a further step by abstaining from investing in companies that breach international norms (see the section "Exclusion" below). These four exclusion criteria comprise the core criteria SEB's own funds must meet.
We work with sustainable investments in several different ways – from actively influencing companies to embrace sustainability, to selecting companies based on a number of sustainability themes. The fund management company's sustainability overview provides a summary description of its sustainability activities.
Include – In terms of fund management, we put considerable significance on identifying and searching for exposure to important sustainability themes. We focus for example on investing in companies that actively encourage reduced environmental impact.
Read more about how we include
Engage – Via our role as active shareholder and influencing companies in their sustainability activities, and thus encouraging change, we aim to safeguard our unitholders' interests.
Read more about how we engage
Exclude – In terms of fund management, we exclude investments in companies that are involved in specific sectors and activities. We want to avoid investing in companies that have considerable sustainability challenges or that can be perceived as unethical.
Read more about how we exclude