Storebrand sustainability investment model analysis

1. Storebrand

2. Agenda
• Company Introduction
• Sustainability Rating Framework
• Conclusion

3. Company Introduction
StoreBrand ASA
Storebrand
Life Insurance
SPP
Assest
Management
Storebrand
Insurance
Storebrand
Bank
0
500
1,000
1,500
2,000
2,500
2008 2009 2010 2011 2012
Profit
Unit：NOK Million 380,000
390,000
400,000
410,000
420,000
430,000
440,000
450,000
2010 2011 2012
Assets under management
Unit：NOK Million

4. Storebrand ASA
Delphi
family of funds
ESG
team
Storebrand Kapitalforvaltning
(Asset Management Co)
Storebrand Fondene
(Fund Mngmt Norway)
Index
team
Active
team
Delphi
team
Storebrand
family of funds
Sustainability in Asset Management

5. • Company Introduction
• Sustainability Rating Framework
• Conclusion

6. Sustainable Investments
Sustainability
Rating
Minimum
Standard
Active Ownership
Sector Analysis
of all companies
with evaluation
of
positioning, effici
ent
operations, and
financial
robustness.
Excludes companies
based on the themes of
human
rights, corruption, enviro
nment, controversial
weapons and tobacco.
In
addition, companies, ETF
s and government bonds
with low sustainability
rating are excluded.
Companies are
contacted with
questions about their
practice and their
performance related
to sustainability, and
are challenged to have
a clear understanding
of the relevant issues.
Dedicated team of 8 ESG analysts within Front Office
Sustainability Investments Financial Model

7. Sustainability Rating Tool/Database
• Proactive Investment：
• Minimum Standard：
• Financial Performance：
Piotroski F-score

8. Positioning
for global
trends
40%
Efficient
Operations
40%
Financially
robust
20%
Sustainability Rating
70-100 indicators per sector,
1-3 datapoints per indicator
Investment Model

10. Section Section Definition
Operational Impact Full-time Employees:
Female Managers
Number of full-time female
management employees at the
end of the reporting period
Operational Impact
Waste Disposed:
Recycled/Reused
Amount of waste disposed through
reuse and recycling during the
reporting period.
Operational Impact
Market Research on
Clients: Research
Frequency
Frequency with which organization
conducts market research on
clients. Choose one:
- Regularly
- Annually
- Semi-annually
- Bi-annually
- Occasionally from time-to-time
- Never
- Planning to start
Components of the organization's
written policy to support
progression/promotion of
employees equally, irrespective of
Data Source：http://iris.thegiin.org/

11. Follow-up
• nearly 4000 companies that are
monitored continually
• customized internet search
engine: searches
through 120,000 sources, for a
combination of company
names and thematic search
words. It is this process that
allows us to identify news
articles on possible company
breaches of our criteria.
• sustainable investment
committee makes the final
decision

12. Engagement
• Shareholder → pressure →
improve environmental, social and governance
(ESG) performance
• Daily contact
• Cooperation with other investors

13. Agenda
• Company Introduction
• Sustainability Rating Framework
• Conclusion

14. Conclusion
In the future,
How Do Investors
EVALUATE
one company?

16. Conclusion
Organization description
Financial Report
Operational Efficiency
Supply Chain Impact