These labels provide an insight into the fund’s main sustainability focus

All your investment opportunities at Danske Invest are covered by our sustainable investments policy. This means, for example, that all our funds avoid investing in companies that base their business on coal, tar sands, tobacco or controversial weapons. Furthermore, many of our funds have one or more sustainability focus areas that stretch beyond the policy. You can read more about this below.

Main sustainability focus area in funds labelled "ESG Inside”

Common to all funds labelled ESG Inside is that they work within the framework of Danske Invest’s sustainable investments policy and, for example, avoid investing in companies that base their earnings on coal, tar sands, controversial weapons or tobacco. If you wish to invest in funds with sustainability focus areas that stretch beyond the policy framework, you should select funds with the sustainability profiles; “Restricted”, “Integrated” or “Thematic”.

“ESG Inside” applies to funds:
- that work within the framework of Danske Invest’s policy for sustainable investments 
- that do not yet fulfil the criteria for one of the three other sustainability labels, or where the three other labels are not relevant. 

 

Focus in funds labelled "Integrated"

Common to all funds labelled "Integrated" is that they are actively managed by a team of portfolio managers who work with sustainability as an integral and systematic element of the investment process.

 “Integrated” applies to funds:
- that systematically integrate sustainability into investment decisions 
- with investments where the sustainability aspects are assessed on an equal footing with the financial factors 
- where important sustainability factors are addressed with companies through dialogue and voting 
- where screening is employed as a tool to identify ESG risks and/or opportunities
- where investment decisions are based on all relevant factors, including sustainability factors, without compromising on return potential

Note that a fund labelled Integrated may also have restrictions in addition to those in Danske Invest’s sustainable investments policy.

 

Focus in funds labelled "Restricted"

Common to all funds labelled "Restricted" is that they avoid investing in a number of companies based on specific restrictions that stretch beyond Danske Invest’s sustainable investments policy, which includes tar sands, coal, tobacco and controversial weapons.

 “Restricted” applies to funds:
- that identify companies which act contrary to selected criteria 
- that are based on criteria which concern sectors, companies, products or activities 
- that employ limits, which are often based on either turnover, exposure or activities 
- that have restrictions on, for example, alcohol, pornography, fossil fuels, gambling or weapons

Note that a fund labelled “Restricted” may also work based on the criteria under “Integrated”.


 

Focus in funds labelled "Thematic"

Common to all funds labelled "Thematic" is that the fund targets specific sustainability themes or solutions, such as the circular economy. 

 “Thematic” applies to funds:
- where investments are related to a sustainability theme 
- with investments where the sustainability aspects are assessed on an equal footing with the financial factors 
- where screening is employed to identify ESG risks and/or opportunities related to sustainability 
- where important sustainability factors are addressed with companies through dialogue and voting at general meetings.
- where investment decisions are based on all relevant factors, including sustainability factors, without compromising on return potential.

A fund labelled “Thematic” may also have restrictions in addition to those in Danske Invest’s sustainable investments policy and work with sustainability as an integral and systematic element of the investment process.