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Article

16 Dec 2002

Author:
KLP

KLP Insurance: Social Responsibility in the Investment Process

KLP adhere to the UN's principles and are guided by central UN conventions and declarations...In the fourth quarter of 2002 we implemented a minimum ethical standard which applies to all financial investments. This standard is based on UN principles as reflected in key UN conventions and declarations on human rights, workers’ rights and the environment. Companies that do not meet the minimum standard are excluded from the investment universe...Other asset managers who support this model are Sjunde AP-fonden, Nordea, SEB, Folksam and Telia's Pension Fund.