Responsible Investments Report 2024

Responsible Investment approach

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BetaPlus Enhanced Sustainable Strategies NAM's BetaPlus Enhanced Sustainable Equity Strategies are active and cost-effective long-only solutions aiming to deliver con - sistent excess returns, limited active risk, and very strong ESG features. The strategies employ a proprietary quantitative, multi-factor framework that capitalizes on market inefficiencies to generate alpha. By systematically identifying the most effective factors across various market segments, BetaPlus Enhanced Sustainable Equity Strategies construct portfolios aimed at outperforming traditional market-cap weighted indices while integrating rigor- ous ESG criteria, including extensive exclusions and decarbonization targets, without necessitating benchmark changes. This approach enables valuable sustainability outcomes while pursuing consistent excess returns. Managed by a team with over 15 years of experience and more than €60 billion in assets under management 22 , the strategies have established themselves in the enhanced index solutions space. In an investment landscape increasingly dominated by pas- sive strategies, they provide a sophisticated active alternative that combines the benefits of broad market exposure with the potential for outperformance and integration of sustainability features. Our Sustainable Thematic solutions – Building a better future We also offer a range of thematic strategies that focus on specific sustainability challenges aligned with the UN's Sustainable Development Goals (SDGs), to tackle the most pressing social and environmental challenges. The climate crisis is one of the greatest challenges of our time. But climate change has many faces, and it cannot be separated from social problems, which are often drivers of environmental issues. Significant economic, societal and institutional changes are needed to combat these challenges. Our thematic solutions are crafted to encompass the full spectrum of these complex issues, providing investors with opportunities to contribute to meaningful change while seeking financial returns. By focusing on specific sustainability themes, we aim to chan - nel capital towards innovative companies and projects that are at the forefront of developing solutions to global challenges, from renewable energy and resource efficiency to sustainable agriculture and social inclusion:

Sustainable Thematic Products

Environment

Environment & Social

Social

Global Climate & Environment Strategy

Global Impact Strategy

Global Social Empowerment Strategy

Investment Themes: Resource Efficiency; Environmental Protection and Alternative Energy

Investment Themes: Strong Communities; Resilient Economy; Livable Planet

Investment Themes: Vital Needs; Inclusion; Empowerment

Global Sustainable Listed Real Assets Strategy

Investment Themes: Environmental Stewardship; Societal Stewardship ; Technological Evolution

22) Nordea Investment Management AB. Data as of 31.12.2024.

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