Get an insight into how our funds work with sustainability

At Danske Invest, we always strive to keep you fully informed about how we work with sustainability and responsibility in your investments. Below, you can read our policies in this area and learn more about our sustainability documents and reports.

Get an insight into how our funds work with sustainability


At Danske Invest, we always strive to keep you fully informed about how we work with sustainability and responsibility in your investments. Below, you can read our policies in this area and learn more about our sustainability documents and reports.


 

Documents for all our funds

Investment restrictions

All Danske Invest funds adhere to our Responsible Investment Policy. Among other things, this means that the funds do not invest in certain companies that are involved with activities related to controversial weapons, tobacco or coal, for example. We also offer funds that include additional restrictions and that do not invest in areas such as alcohol, gambling, pornography, fossil fuels or military equipment. For all our funds, you can find an overview of the specific sectors, activities and products in which each fund does not invest.
 
Our ESG restriction reports for each one of our funds are available here.


 

Documents specific to ESG funds

A number of our funds are labelled as ESG funds, which means that they promote environmental or social aspects and good corporate governance (ESG). These funds comply with Article 8 of the EU regulation on sustainability‐related disclosures in the financial services sector.

 

Carbon footprint of the fund

Climate aspects and the transition from fossil fuels to renewable energy play an important role when we invest on your behalf because these factors may affect your long-term risk-adjusted return. As an integral part of how the fund takes sustainability risks into consideration and to promote environmental and social aspects and good corporate governance (ESG), we publish details of CO2 emissions produced by the investments in the fund. 

Multiple CO2-emission measurements
Our Carbon footprint reports detail how many tonnes of CO2 a given fund emits per million US dollars invested or in relation to the turnover of the companies in which a fund invests. 
Each report shows how much CO2 a funds investments are emitting at a specific point in time. Please note that CO2 emissions vary depending on the sector and/or the part of the world in which a company operates.

Our Carbon footprint reports for our ESG investments are available here. 


 

Risk and opportunities of the fund

The fund uses ESG data from several data providers to assess and identify sustainability risks and opportunities. Sustainalytics and MSCI are two of the ESG data providers used by the fund. In the Sustainalytics ESG Risk Rating, you can see Sutainalytics’ assessment of the extent to which the fund’s investments handle significant ESG risks that may affect the company’s business and the ability to make money. In the MSCI ESG Risk Rating, you can see MSCI’s assessment of how well the companies the fund invests in are prepared and equipped to handle ESG risks and to make money by seizing commercial opportunities related to sustainability factors, such as the green transition. 

The risk ratings documents for ESG investments are available here.

How the fund promotes ESG factors

The Website disclosure document provides a deep insight into how each fund includes sustainability risks and promotes environmental or social aspects and good corporate governance (ESG) throughout the entire investment process. At the same time, it also provides an insight into how the fund works to promote environmental or social aspects and to address good corporate governance. Among other things, the document shows:
• how the fund selects investments and practices active ownership to promote ESG
• which activities and/or products the fund does not invest in
• how the fund is monitored to assure that it is promoting ESG 
• which ESG data is used to promote ESG 

The Website disclosure document for ESG investments is available here.
 

Sustainability approach

The Approach to sustainability document provides a quick insight into how portfolio managers work with sustainability in investments and how the fund seeks to promote environmental or social aspects and corporate governance. Among other things, you can see how the fund exercises active ownership and see a list of the activities in which the fund does not invest.

The Approach to sustainability document for ESG investments is available here.


 

Policies, instructions and process descriptions


• Danske Invest Responsible Investment Policy
• Danske Invest Investment Restrictions
• Danske Invest Remuneration Policy
• Principal Adverse Impact Statement


 

Reports


Annual reports

• Our Sustainable Investment Journey 2020 
• Our Sustainable Investment Journey 2019

Active ownership reports

• Active Ownership Report 2020
• Active Ownership Report H1 2020
• Active Ownership Report 2019
• Stories about active ownership
• See how we voted on proposals at general meetings here.

Thematic reports

• Climate: Our Investment Approach


Analyses 

• In search of quality ESG data – An investment view on corporate sustainability funds
• Identifying investment value in ESG data