Sampension tightens climate requirements for fund managers

10 February 2022

Managers who invest on behalf of i.a. Danish pension companies, have an increasing focus on sustainability considerations. But the development is going too slowly. That is why Sampension is now generally tightening its requirements for fund managers – not least in the climate area.

Even though there is a movement going on, fund managers still generally have too little focus on sustainability considerations when managing billions for e.g. Danish pension companies. Therefore, Sampension is now stepping up the requirements for existing and potential managers when it comes to the environment and climate, social and managerial conditions (ESG), and especially in the climate area, the requirements are being tightened.

“Sustainability and not least climate have in recent years generally come higher up on the agenda of companies, where the focus has especially been on the listed companies’ responsibilities and contributions in this connection. But companies in the unlisted part of the market must of course also lift their share, and here the fund managers play an important role, ”says Jacob Ehlerth Jørgensen, Head of ESG in Sampension, and continues:

“Managers typically manage significant billions of dollars for investors, which in itself requires managers to focus on sustainability in investments for the benefit of both investors and society. And this is reinforced by the fact that fund investments for investors are long-term, illiquid investments, which you as an investor can not just get out of, unlike investments in the listed market. Therefore, it is crucial that the managers take on their social responsibility and e.g. ensures that their investments on behalf of the investors contribute to the green transition, ”says Jacob Ehlerth Jørgensen.

Source: Sampension
Multiple reports with cicle diagram and text

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