By integrating sustainability into all our investment decisions, we can create value for our customers. As an asset manager, we have a responsibility to contribute to sustainable development by investing in companies and other assets that can contribute to the transition to a more sustainable economy. We are convinced that companies that work in a structured way with sustainability will be more successful in the long term and thus have the opportunity to over time generate higher returns on investment for our unitholders.
During the first quarter of 2021, an updated sustainability policy will be implemented. This means that we will introduce the same processes and high ambition levels for integration, exclusion and active ownership in all our funds. As a result, the differentiation between “sustainable” and other funds will no longer be relevant and as a consequence, several of our fund names will change during 2021. The level of ambition will be raised in terms of sustainability in our entire fund range. In addition, a new climate strategy will be implemented which, among other things, means that SEB Investment Management's total capital in 2040 must be invested carbon neutral, and that investments in companies that contribute to solutions or enable adjustment increase. Read more in our Climate statement (link to climate statement).
To create a basic view of all potential investments' risks and opportunities in terms of sustainability, we use our own sustainability model. The purpose of the model is to provide a relevant, significant and forward-looking individual sustainability assessment of all companies in which we invest, through a systematic process. Read more about how we integrate sustainability under "integrate".
We will apply the same strict exclusion criteria in all funds, which means that our funds will exclude companies that produce fossil fuels, among other things. Read more about our criteria under "exclude".
We conduct hundreds of engagement dialogues annually with the companies we invest in and will continue to exercise our active ownership. It also means that we vote at shareholder meetings and participate in nomination committees. Read more about our active ownership under "engage".
Integration – 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 integrate
Active ownership – 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 exercise our active ownership
Exclusion – In terms of fund management, we exclude investments in companies that operate in specific sectors or business areas assessed to face major sustainability challenges.
Read more about how we exclude