Responsible investing
We believe that responsible investments are important for achieving the best possible risk-adjusted return for our unitholders and customers.
UN Principles for Responsible Investment (PRI)
As part of our efforts to promote responsible investments, Pareto Asset Management has signed the UN Principles for Responsible Investment (PRI). These guidelines are based on UN PRI, the UN Global Compact, the guidelines for the Norwegian Government Pension Fund Global, the Principles for the exercise of ownership rights in investment companies from the Norwegian Fund and Asset Management Association, as well as internationally recognised principles and conventions.
Pareto Asset Management is a member of Norsif (Norsk forum for ansvarlige og bærekraftige investeringer) and Swesif (Sveriges Forum för hållbara investeringar). Both are interest forums aimed at disseminating information, engaging the community and raising awareness about investments for sustainable development.
REPORT ON RESPONSIBLE INVESTMENTS
Corroding gold standard
For many years now, a large number of asset managers in Norway have followed the exclusion list of the Norwegian Government Pension Fund Global, often stating this explicitly in their official guidelines. Due to the size of the fund and the resources put into the necessary research, it has been considered somewhat of a gold standard.
A recent article in the European Accounting Review reveals that many institutional investors in other countries have been doing the same in practice.