RI Annual Report 2023

Our Responsible Investment approach

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Our Responsible Investment approach

ESG Governance and Teams

Responsible Investments team Our award-winning Responsible Investments (RI) team was established in 2009, and comprises 21 dedicated ESG analysts with a wide range of experience from academia, independent RI organisations and investment management. Besides work- ing closely with the investment boutiques managing ESG products and setting the framework for the development of new quantitative tools and data sources, The team carries out ESG research, active ownership activities, and represents NAM in international RI initiatives. We are continuously developing our RI approach in line with the increasing complexity, depth and scope of application of ESG methods, in order to maintain NAM’s leadership in the area. The team provides a broad RI coverage with a particular focus on our ESG STARS and the- matic strategies, working closely with their respective portfolio management teams. The RI team often participates in client meetings and ESG conferences to share its latest insights and findings. It also leads ESG training (e.g. climate workshops) both internally and for clients.

The RI team’s various functions and main responsibilities can be divided into four areas:

• The Active Ownership cluster is responsible for NAM’s engagement activities, as well as for driving the Respon- sible Investment Committee agenda and the RI Policy development. This group also works with the Corporate Governance team on proxy voting • The Climate cluster maintains focused expertise and analysis on climate change factors and policies, imple- mentation and reporting on TCFD recommendations • The ESG Products & Research cluster carries out com- pany specific ESG research and engagement for NAM’s ESG funds, as well as ESG product development • The ESG Quant cluster develops and maintains NAM’s proprietary ESG scoring tool, as well as other advanced applications of ESG data

Responsible Investments (RI) team

Head of RI Eric Pedersen

ESG Products & Research

ESG Quant

Climate

Active Ownership

Cecilia Fryklöf Head of Active Ownership

Rikke Berg Jacobsen Head of ESG Products and Research

Eric Pedersen Head of ESG Quant and Climate

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