Storebrand Asset Management

Forrige uke startet #COP16 i Cali der medlemsbedriften, Storebrand, representerer 177 finansielle institusjoner på vegne av Finance for Biodiversity 🌎 Konserndirektør for kapitalforvaltning i Storebrand, Jan Erik Saugestad, skrev nylig en kronikk i Dagens Næringsliv der han uttrykte bekymring for naturen og ressursene vi mennesker og bedrifter er avhengige av 🏞️ 📢 Naturtap må tas på alvor! Privat sektor har en stor rolle i bevaring av #natur, men er likevel avhengig av tydelige offentlige lovverk og endring av #verdisyn. Det innebærer blant annet strengere reguleringer, lønnsomme løsninger og langsiktige prioriteringer. Les kronikken i Dagens Næringsliv her: https://lnkd.in/dfGu7c_C

This was a very valuable networking session . Insightful perspectives on barriers to improve the alignment of capital flows, both private and public. Thank you to the finance ministers, corporate leaders, and banks attending, and to Finance for biodiversity for arranging this venue. Finance for Biodiversity #COP16

I had the great pleasure attend the Finance Day at COP 16 today to speak on the urgent need for financial flows to align with biodiversity goals. The Global Biodiversity Framework provided clear marching order to finance sector and many of us have responded with concrete actions since COP 15. This is clearly reflected in the number of initiatives on nature that has been established over the past years, such Nature Action 100 and TNFD just to mention a few. However, voluntary action is not enough. We need to fuel these actions and ambitions with strong policy responses and governmental initiatives. Finance fuels the global economy, and now it must also fuel the protection and restoration of nature. Thank you for fruitful discussions and to my fellow panelists. Hindou Oumarou Ibrahim UN Permanent Forum on Indigenous Issues (UNPFII) Yann Marin, Secretary General, Network for Greening the Financial System (NGFS) Yunwen Bai, Vice-President, Institute of Finance and Sustainability Adriana Erthal Abdenur, Special Advisor in the office of the President of Brazil Finance for Biodiversity #COP16

🌍 Today is Finance & Biodiversity Day at COP16! 🌱 This key event aims to foster meaningful engagement among CEOs, Finance Ministers and other leaders in biodiversity and finance, providing a platform for high-level debate and collaboration on meeting society’s nature goals. It aims to support resource mobilisation and alignment of financial flows with the vision and mission of the Global Biodiversity Framework, and is planned just ahead of the High-Level Segment of the COP. Here’s a look at the plenary sessions in which our members will be speaking: ✨ Plenary 2 – Report Card on Financial System Response to the GBF Jan Erik Saugestad, CEO of Storebrand Asset Management kicks off our representation, discussing the financial sector’s progress since COP15 in responding to the Global Biodiversity Framework (GBF). This session will dive into the role of financial institutions in achieving a nature-positive footprint, driven by regulation and collaborative action with key stakeholders. Panelists, including regulators and finance leaders, will address challenges and explore how biodiversity and climate action intersect for long-term impact. 🌱 Plenary 6 – Horizon for Innovation & Scaling in Nature Finance Anne-Laurence Roucher, Deputy CEO of Mirova, will share insights into innovative tools and strategies for scaling up nature finance. This forward-looking session will explore biodiversity credits, nature assets, investment KPIs, and large-scale ecosystem investments to support biodiversity and sustainable ecosystems worldwide. 🚀 Closing Plenary 7 – From Insights to Action: Paving the Way for COP17 Anita de Horde, Co-founding Executive Director of Finance for Biodiversity Foundation, will moderate this session, joined by speaker Brian Kernohan, CSO of Manulife Investment Management. Together, they’ll highlight the day’s key takeaways, present actionable next steps, and pave the way for continued progress toward COP17.    In addition, Anita will introduce the latest signatories of the FfB Pledge, who we are today officially welcoming into our growing community of financial institutions, strengthening our collective commitment to aligning financial flows with biodiversity goals.   Stay tuned for insights and updates throughout the day! Read more here - https://lnkd.in/dgNH-c2G   #COP16Colombia #FinanceForBiodiversityPledge #PeacewithNature

Participated in a panel on how investors are integrating nature and biodiversity issues into risk management frameworks and stewardship practices. In nature issues I believe we must take a systemic approach, engage with governments on policies and work collaboratively on stewardship Thank you to UN PRI and United Nations Environment Programme Finance Initiative (UNEP FI) FI for this networking event

Arrived in Cali and COP16. I had the privilege to listen to civil society representatives yesterday. Consulting with local communities is critical to succeed with sustainable action on the ground. Local efforts must be supported by both governments, companies and investors Thank you to Rodrigo Botero and the Colombian Environmental organization FCDS, who organized the lunch, and the Norwegian Embassy in Bogota for setting this up. Finance for Biodiversity #COP16

On my way to Cali and COP16. Yesterday I flew over the Colombian Amazon in a small aircraft to watch illegal deforestation in the national park and protected areas close to the parks. Beautiful forests with huge areas illegally cut and cleared to become cattle farms and clearings where the light green colour of Coca is clearly visible. The lack of enforcement of existing regulations is shocking. It is complex to resolve but at least three issues must be addressed 1) further dialogue with local guerrilla groups controlling some of these territories 2) consistent presence of the government to provide services to local communities 3) track money flow to identify investors behind deforestation Thank you to Rodrigo Botero and the Colombian Environmental organization FCDS, who organized the trip and the Norwegian Embassy in Bogota, Nils Martin Gunneng Finance for Biodiversity #COP16

Storebrand Asset Management Q3 2024 business update! “We have experienced solid inflows across the board, validating the strategic investments we have made in our multi-boutique model, allowing us to respond adeptly to our clients’ evolving needs” - Jan Erik Saugestad CEO Storebrand Asset Management. Storebrand Asset Management recognized net revenue of NOK 733 million for the third quarter of 2024, including net performance revenues. Positive inflow and strong markets contributed to an increase in AuM. In total, AuM increased to an all-time high of NOK 1 347 billion. To the full pressrelease 🔗 https://lnkd.in/g587T2QG

🌿 Launching our 2024 Climate and Nature Report! As the United Nations Biodiversity Conference (#COP16) kicks off in Cali, Colombia, we are proud to unveil our 2024 Climate and Nature Report. The interconnectedness of nature loss and climate change poses significant risks to the global economy and society. Climate change is a key driver of biodiversity loss, while biodiversity and ecosystems play a crucial role in mitigating and adapting to climate impacts. Because these challenges are intertwined, our response must be too. To align financial flows with the targets set by the Paris Agreement and the Kunming-Montreal Global Biodiversity Framework, we need to approach nature and climate holistically. As a Taskforce on Nature-related Financial Disclosures (TNFD) Early Adopter, we are committed to align our disclosures with the Taskforce on Nature-related Financial Disclosures (TNFD) from the reporting year 2024. We've already started implementing the TNFD methodology in our portfolios to better understand nature-related risks and opportunities, and we want to share our progress so far. Our first joint Climate and Nature Report, covers the year 2023 and outlines how we integrate climate and nature considerations into our investment decisions and risk management. This report follows the common structure of the FSB Task Force on Climate-related Financial Disclosures (TCFD) and TNFD, while also incorporating TNFD's additional core disclosures and metrics. We acknowledge that addressing nature-related data is a challenge for both financial institutions and companies. While there's much work ahead to fully meet TNFD's recommendations, we believe in learning by doing. Producing this report has offered valuable insights into areas where we can improve, and we hope that by sharing our progress, we can foster mutual learning with other stakeholders. Jan Erik Saugestad, CEO, Storebrand Asset Management & Emine Isciel Head of Climate and Nature, Storebrand Asset Management You find the full report in the link below 👇 https://lnkd.in/dJr55EWn

“The need for sustainable solutions is greater than ever” In a world increasingly focused on #sustainability, the investment landscape is changing rapidly. One fund that emerged early at the forefront of this shift is Storebrand Global Solutions. Designed for investors looking for both positive financial returns and exposure to impact, this equity fund is part of a growing movement that blends profit with purpose. Over the past few years, global markets have faced considerable challenges. How has this impacted the fund, and what are the key factors that will drive sustainability-focused investments in the future? To explore these questions, we spoke with Philip Ripman, Portfolio Manager of Storebrand Global Solutions, to gain a deeper understanding of the fund's mission, investment strategy, and the evolving landscape of sustainable investing. The full article in link below 🔗 https://lnkd.in/dxPBzTp2 NOTE This is marketing material. Investments involve risk! Storebrand Fonder Storebrand Storebrand Asset Management Sverige Storebrand Asset Management UK