RI Annual Report 2023

Our Responsible Investment approach

13

ESG and Responsible Investment Committees Under the guidance of our ESG and Responsible Investment Committees, both chaired by NAM’s CEO, we have developed policies, procedures and investment products based on our RI beliefs. To support ESG investment guidelines, the ESG Committee owns and approves NAM’s Responsible Investment Policy (RI Policy), which also details the international conventions we sub- scribe to and what we require of the companies we invest in. The Responsible Investment Committee decides the appro­ priate action when a company is found to be in breach of our guidelines, which may be to exclude, quarantine and/or engage with the company, depending on the type of violation and our ability to influence the company.

Corporate Governance team Our Corporate Governance team actively engages with com­ panies in which the funds have significant ownership by voting at annual general meetings in accordance with the Corporate Governance Principles. The Corporate Governance team works in close collaboration with the RI team and our portfolio man­ agers to align the stewardship work especially on important ESG resolutions.

Katarina Hammar Head of Corporate Governance

Richard Torgerson Director of Corporate Governance

Responsible Investments Committee

• •

Quarterly meetings

Chair Asset Management CEO Nils Bolmstrand

Nordea Group Representatives

Urgent decisions (reacting to incidents and/or breaches) can be taken on same-day basis

Head of Institutional & Wholesale Distribution

Head of Responsible Investments

Head of Active Ownership

Head of Product Office

Communication & Media

Head of Equities & Fixed Income

Made with FlippingBook interactive PDF creator