Responsibility

Overview

SUSTAINABLE INVESTMENT

As a fiduciary investor, Nordkinn’s primary objective is to secure a better financial future for our clients and the people they serve. In meeting that objective, we put large emphasis on Environmental, Social and Governance (ESG) factors in operating both our firm as well as the investments we make. This has been fundamental since launch of Nordkinn and in recent years, we have further strengthened our efforts within Sustainable Investments (SI).

We are convinced that we need to do what we can to contribute to the United Nations 17 Sustainable Development Goals (SDGs) that was accepted by UN General Assembly in 2015 and to support efforts in reaching those goals by 2030. As a hedge fund manager, all of our clients as well as we at Nordkinn rely on, have a vested interest in, and have a responsibility to ensure that the financial system remains sustainable and robust. We believe that Nordkinn, in our fiduciary responsibility towards our clients, most effectively contributes to the SDG’s by specifically advocating for a sustainable financial system and robust. Based on this belief, Nordkinn’s SI Policy is implemented in three perspectives; the perspective of our clients, the perspective of how we invest, and the perspective of the society.

The perspective of our clients
A sustainable financial system requires that its underlying clients are truly protected. Therefore, we must ensure sound governance through an independent board and via a dedicated Investor Ombudsman. We must also assure that the clients understands Nordkinn and that we warrant that the vehicle is designed to protect the clients.

The perspective of how we invest
To foster the SDG’s: all investment techniques that we deploy must support to the SDG’s and all instruments we trade and all exposures we hold must adhere the SDG’s.

Our investment policy is aiming to support the SDGs goals:

  • by striving to have an active dialogue with companies to influence them in the right direction for sustainability we try to exploit the common interests of our investors,
  • by choosing companies across different sustainability topics and
  • by excluding companies that operate in certain industries or businesses that we believe hinder the goal to reach the SDGs in 2030.

The perspective of the society
Nordkinn believes that a sustainable global financial system requires underlying markets to be liquid, requires appropriate conduct of its market participants and needs robust absolute returns for funding of future financial liabilities. Nordkinn seeks to contribute also in these regards.

Governance

Nordkinn believes that sound governance rests upon respect for our investor’s perspective. We seek to apply this not only in how we are organised but in all aspects in how we run our business.

As a means to provide comfort to our investors that Nordkinn is governed in their best interest, the Board of Directors of Nordkinn consists of five independent and three partner representatives. With a diverse set of experiences and backgrounds, the five independent members contribute with different perspectives in how Nordkinn is governed. Details regarding the members of the Board of Directors.

Collaborations

Nordkinn signed the United Nations backed Principles of Responsible Investment (UN PRI) 2017 and the approach to investing that aims to incorporate ESG factors into investment decisions, to better manage risk and generate sustainable, long-term returns. The UN PRI acts in the long-term interests of its signatories, of the financial markets and economies in which they operate and ultimately of the environment and society as a whole.

In 2017, Nordkinn also committed to the Standards Board of Alternative Investments (SBAI). SBAI believes that responsible standards of practice strengthen the alternative investment industry, for the benefit of both investors and managers. The Standards address key issues relating to alternative investment practices, covering the areas of disclosures, valuation, Risk Management, Fund Governance and Shareholders Conduct.