Nordkinn has updated its statement on principal adverse impacts of investment decisions on sustainability factors for 2023. Nordkinn shall manage and mitigate sustainability risks and principal adverse impacts on sustainability factors. This is done both by excluding certain companies or sectors (so-called exclusion) and through engagement dialogue with issuers our funds are exposed to and with counterparties and other stakeholders, which are important methods in integrating sustainability risks in Nordkinn’s investment process. During the period, exclusion filters have worked well, and dialogues have been conducted with 92% of investee companies and counterparties, where relevant indicators have been discussed based on the companies’ goals, strategies, resources, and metrics for each, to promote positive development in environmental and social characteristics. Overall, we saw an increase in the companies’ commitments to development in line with the Sustainable Development Goals (SDGs) as well as an increased level of reporting on the adverse sustainability factors.
Please refer to links for the statement.