Norges Bank Investment Management’s Post

Our Responsible Investment Report is out today!🌍 In our 2025 Climate Action Plan, we've set two targets for our unlisted real estate portfolio:  1️⃣  Net zero carbon emissions by 2050 for both operational and embodied carbon. 2️⃣  A 40% reduction in operational carbon emissions intensity by 2030. We measure our journey using 1.5°C decarbonisation pathways by CRREM - By the end of 2022, 41% of our portfolio was aligned with the 2022 CRREM decarbonisation pathway, a significant increase from 26% in 2021. Yet, there is so much more work to do: by 2030, 18% of our portfolio is projected to be aligned with the pathway, but none of the portfolio meet the 2050 requirements. Encouragingly, our greenhouse gas intensity has fallen by 4% from 2019-2022, with a 10% decrease in the office sector and a 16% drop in retail. Refurbishing existing assets may present significant opportunities to reduce carbon emissions of our portfolio - We took our Parisian asset "M" on boulevard de la Madeleine as a case study. It's under heavy refurbishment in line with our sustainable design strategy. We've implemented a circular economy strategy, prioritized low-carbon materials, innovated in energy efficiency while improving our tenants' well-being. The results?⭐ 🌱 5,000 tons of carbon emissions saved through reuse and low-carbon materials 💚50% reduction in energy intensity 🌍 50% reduction in carbon emissions over the building's life cycle "Chapeau bas" to Alexis DELOM and Louis-Victor Lefèvre, and the entire team for their exceptional efforts! 

What was NBIM's number one reason for risk-based divestment in 2023? Human rights. Specifically, insufficient risk management related to human rights and exposure to markets with significant risk of violations of human rights violations. // Despite the ongoing regulatory rollercoasters regarding due diligence legislation ( CSDDD👀) , it is clear that investor-demand for thorough human rights due diligence is here to stay.

SPE Capital is delighted to announce the release of its 2023 Impact Report. In its third edition, the report summarizes the progress over the past year, the valuable lessons learned and the strategic path we are charting for the future. It features detailed case studies that offer a narrative complement to the quantitative data, bringing our impact stories to life. SPE Capital continues to lead the way in driving positive change through responsible investment by staying abreast of the rapidly changing markets and regional requirements. We invite you to explore the full 2023 Impact Report by clicking on the link below: https://lnkd.in/df8skKES #ImpactInvesting #Sustainability #PrivateEquity #ESG #ResponsibleInvesting #SustainableFinance #2023ImpactReport

🌍 Great news for the impact valuation community! The Impact Valuation Hub is here to help bridge gaps in knowledge, data, and tools, supporting investors in making informed impact-driven decisions. 📊 Follow the link to learn more and stay updated through their newsletter! https://lnkd.in/e2JH54-2 #ImpactValuation #SocialValue #SustainableInvesting #ESG #ImpactMeasurement

Download Your Copy: https://lnkd.in/gfaA6dfh 📈 Uncover the Blueprint for Financial Excellence! 🌐 Download our comprehensive white paper to gain invaluable insights into the dynamic landscape of Wealth Management. 📑 🌱 Wealth Management Trends: Navigate the ever-changing tides of financial strategies and discover the latest trends shaping the future of wealth preservation and growth. 🏡 ESG in Estate Planning: Explore how Environmental, Social, and Governance factors play a pivotal role in designing sustainable estate plans that stand the test of time. 💡 Power of ESG Investing: Delve into the transformative power of ESG (Environmental, Social, Governance) investing and learn how it can amplify returns while making a positive impact on the world. 🤝 Attracting Private Investors to ESG: Unleash the secrets to drawing private investors into the world of ESG, creating mutually beneficial partnerships that align with ethical and sustainable principles.  Elevate your financial acumen and drive success in a rapidly evolving financial landscape. Click now to download the Whitepaper and embark on a journey of informed and impactful wealth management! #wealthmanagement #esginvesting #financialinsights #nvestiv #everybodyknowsnvestiv

Impact valuation practices have been developing for many years. By converting a wide range of impact indicators into a single comparable metric, impact valuation is becoming widely recognised as an essential tool for decision-making by investors. 📊💡 With increased attention paid to the opportunities that impact valuation can unlock, so too have an array of frameworks, methodologies and tools emerged to support its practice. 🛠️📈 In response, the Impact Valuation Hub was set up to bridge gaps in knowledge, education, data, and tools that hinder the widespread adoption of impact valuation at fund level. By pooling resources, frameworks, and methodologies, the project will foster a coordinated approach that supports investors' needs. 🌍🤝💼 Want to know how the Impact Valuation Hub will benefit its members? Follow on LinkedIn and subscribe to its newsletter for updates 📩: https://lnkd.in/ey6qN6XQ Social Value International Astanor Summa Equity Wire Group Impact Institute Valuing Impact Capitals Coalition International Foundation For Valuing Impacts (IFVI) #ImpactValuation #SustainableInvesting #ESG #ResponsibleInvestment #ImpactMeasurement

Vital steps being taken in the push towards the adoption of an agreed framework for impact valuation. But there’s still more to do, and so many more players who can add value and their expertise. So I’m calling out to you, if you are in that space… Thinking of… Luxembourg Sustainable Finance Initiative Odyssey Impact Investments Moniflo Innpact IforD - Forestry and Climate Change Fund Total Impact Capital and so many more! Please share, spread the word, and get involved #impact #esg #valuationmodels

What sets #ESG investors apart? And what do they value? Learn why engaging with ESG investors could be worthwhile to your own bottom line in Lauren Binette's recent article: https://lnkd.in/gESVViWZ #SocialValues #ESGInvesting

🌟 We are thrilled to announce the launch of the Impact Valuation Hub! After more than two years of harnessing the power of impact valuation, it’s time to share our solution with the global impact investing community. We’re driven by one mission: to empower impact investors with the tools they need to integrate impact valuation into their investment decisions. We couldn’t have done it alone. Our incredible partners—Social Value International, Wire Group, Summa Equity, Valuing Impact, Impact Institute, International Foundation For Valuing Impacts (IFVI), and Capitals Coalition—have been pivotal in making this vision a reality. Why this hub? Because we believe that creating measurable, lasting impact starts with clear, actionable methodologies. The Hub provides the concrete tools and frameworks that will help impact investors accelerate their journey and maximise their contributions to a sustainable future. This is just the beginning of something much bigger. Together, we can transform the way impact is valued—and change the world in the process. 💡reach out to Leslie Kapin or Laure Peronnin for more info. #ImpactValuationHub #ImpactInvesting #ValuingImpact #Sustainability #Partnerships

👉 Impact investing : « you have to accept some bias. And it depends the generation we speak with - as we often speak to 2 generations. The younger generation is less sensitive to the deviation with MSCI World Index for instance. » 👉 « When you are advising clients one the long term, you need to have benchmarks or track records on the same term, decades for instance - and we are at the very beginning of the ESG story. But you can not ignore the evolution of regulation, the history of labour relations, etc. Do not look just to the sfdr number, both quant and qual analysis are needed here. » Xavier Hannaerts Family Partners shares Interesting insights during the Panel III « Conscious capital : investment strategies for growth and resilience » : #wealthmanagement #wealthtech #fintech #assetmanagement #foam24 #hubfinance #familyoffice #ESG #impactinvestment