{"id":4360,"date":"2020-11-16T18:58:46","date_gmt":"2020-11-16T18:58:46","guid":{"rendered":"https:\/\/www.norron.com\/organisation\/hallbarhet\/hallbarhetspolicy\/"},"modified":"2024-06-18T14:56:16","modified_gmt":"2024-06-18T14:56:16","slug":"hallbarhetspolicy","status":"publish","type":"page","link":"https:\/\/norron.com\/en\/organisation\/hallbarhet\/hallbarhetspolicy\/","title":{"rendered":"Sustainability Policy"},"content":{"rendered":"[vc_row type=&#8221;full_width_background&#8221; full_screen_row_position=&#8221;middle&#8221; column_margin=&#8221;default&#8221; column_direction=&#8221;default&#8221; column_direction_tablet=&#8221;default&#8221; column_direction_phone=&#8221;default&#8221; scene_position=&#8221;center&#8221; top_padding=&#8221;7%&#8221; bottom_padding=&#8221;7%&#8221; text_color=&#8221;dark&#8221; text_align=&#8221;left&#8221; row_border_radius=&#8221;none&#8221; row_border_radius_applies=&#8221;bg&#8221; overlay_strength=&#8221;0.3&#8243; gradient_direction=&#8221;left_to_right&#8221; shape_divider_position=&#8221;bottom&#8221; bg_image_animation=&#8221;none&#8221; shape_type=&#8221;&#8221;][vc_column column_padding=&#8221;no-extra-padding&#8221; column_padding_tablet=&#8221;inherit&#8221; column_padding_phone=&#8221;inherit&#8221; column_padding_position=&#8221;all&#8221; column_element_spacing=&#8221;default&#8221; background_color_opacity=&#8221;1&#8243; background_hover_color_opacity=&#8221;1&#8243; column_shadow=&#8221;none&#8221; column_border_radius=&#8221;none&#8221; column_link_target=&#8221;_self&#8221; gradient_direction=&#8221;left_to_right&#8221; overlay_strength=&#8221;0.3&#8243; width=&#8221;1\/6&#8243; tablet_width_inherit=&#8221;default&#8221; tablet_text_alignment=&#8221;default&#8221; phone_text_alignment=&#8221;default&#8221; bg_image_animation=&#8221;none&#8221; border_type=&#8221;simple&#8221; column_border_width=&#8221;none&#8221; column_border_style=&#8221;solid&#8221;][\/vc_column][vc_column column_padding=&#8221;padding-4-percent&#8221; column_padding_tablet=&#8221;inherit&#8221; column_padding_phone=&#8221;inherit&#8221; column_padding_position=&#8221;all&#8221; top_margin=&#8221;-10%&#8221; column_element_spacing=&#8221;default&#8221; centered_text=&#8221;true&#8221; background_color=&#8221;#ffffff&#8221; background_color_opacity=&#8221;1&#8243; background_hover_color_opacity=&#8221;1&#8243; column_shadow=&#8221;none&#8221; column_border_radius=&#8221;none&#8221; column_link_target=&#8221;_self&#8221; gradient_direction=&#8221;left_to_right&#8221; overlay_strength=&#8221;0.3&#8243; width=&#8221;2\/3&#8243; tablet_width_inherit=&#8221;default&#8221; tablet_text_alignment=&#8221;default&#8221; phone_text_alignment=&#8221;default&#8221; bg_image_animation=&#8221;none&#8221; enable_animation=&#8221;true&#8221; animation=&#8221;grow-in&#8221; border_type=&#8221;simple&#8221; column_border_width=&#8221;1px&#8221; column_border_color=&#8221;#dbdbdb&#8221; column_border_style=&#8221;solid&#8221;][vc_column_text]\n<p style=\"text-align: left;\"><strong>Investment philosophy<\/strong><br \/>\nNorron&#8217;s aim is to create competitive returns through responsible investments. In order to optimize the returns for our shareholders, our strategy and investment philosophy is based on four cornerstones:<\/p>\n<table class=\" alignleft\">\n<tbody>\n<tr>\n<td width=\"151\"><span style=\"color: #ff6600;\"><strong>RESPONSIBILITY<\/strong><\/span><\/td>\n<td width=\"151\"><span style=\"color: #ff6600;\"><strong>COMPETENCE<\/strong><\/span><\/td>\n<td width=\"151\"><span style=\"color: #ff6600;\"><strong>ACCESSIBILITY<\/strong><\/span><\/td>\n<td width=\"151\"><span style=\"color: #ff6600;\"><strong>TRANSPARENCY<\/strong><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: left;\">In our investment management, we will promote sustainability and consider and integrate sustainability risks in the investment process. Norron&#8217;s investments should contribute to fulfilling Agenda 2030 and the Sustainable Development Goals (SDGs), as well as the Paris Agreement&#8217;s goal of limiting global warming to 1.5\u00b0C.<\/p>\n<p style=\"text-align: left;\"><strong>Purpose<br \/>\n<\/strong><\/p>\n<p style=\"text-align: left;\">The purpose of this policy is to establish a framework for responsible investments in Norron&#8217;s portfolio management and to foster long-term sustainable development for the business, investors, collaborators, and other stakeholders.<\/p>\n<p style=\"text-align: left;\"><strong>Targets<\/strong><br \/>\nNorron has set three entity-level sustainability goals, which all sub-funds shall contribute to:<\/p>\n<table class=\" alignleft\" style=\"height: 267px;\" width=\"686\">\n<tbody>\n<tr>\n<td colspan=\"2\" width=\"293\"><span style=\"color: #ff6600;\"><strong>Target<\/strong><\/span><\/td>\n<td width=\"172\"><span style=\"color: #ff6600;\"><strong>SDG contribution<\/strong><\/span><\/td>\n<td width=\"140\"><span style=\"color: #ff6600;\"><strong>KPI<\/strong><\/span><\/td>\n<\/tr>\n<tr>\n<td width=\"24\"><span style=\"color: #ff6600;\"><strong>E<\/strong><\/span><\/td>\n<td width=\"269\">All portfolio companies shall set SBTi-validated targets<\/td>\n<td width=\"172\">13, 17<\/td>\n<td width=\"140\">50% by 2026<br \/>\n<em>(100% by 2040)<\/em><\/td>\n<\/tr>\n<tr>\n<td width=\"24\"><span style=\"color: #ff6600;\"><strong>S<\/strong><\/span><\/td>\n<td width=\"269\">All portfolio companies shall sign the UN Global Compact<\/td>\n<td width=\"172\">8, 10, 11, 16<\/td>\n<td width=\"140\">90% by 2026<br \/>\n<em>(100% by 2040)<\/em><\/td>\n<\/tr>\n<tr>\n<td width=\"24\"><span style=\"color: #ff6600;\"><strong>G<\/strong><\/span><\/td>\n<td width=\"269\">All portfolio companies shall disclose sustainability-related risks<\/td>\n<td width=\"172\">8, 16<\/td>\n<td width=\"140\">90% by 2026<br \/>\n<em>(100% by 2040)<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: left;\"><strong>Governance<\/strong><\/p>\n<p style=\"text-align: left;\">Norron shall operate in accordance with the UN Principles for Responsible Investments (UN PRI) and the UN Global Compact&#8217;s principles. Through these principles, we commit to consider sustainability in investment analysis and decision-making.<\/p>\n<p style=\"text-align: left;\">Norron shall apply exclusion criteria, meaning that we will exclude certain industries and companies that do not meet our basic requirements.<\/p>\n<p style=\"text-align: left;\">Norron&#8217;s shall integrate significant sustainability risks and factors into investment decisions. Norron&#8217;s funds will promote sustainability and, at a minimum, classify as Article 8 under the EU SFDR.<\/p>\n<p style=\"text-align: left;\">Norron shall be an active owner, using our influence as investors to encourage companies to make sustainable and profitable decisions. We engage in ongoing dialogue with companies, regularly monitor them, and vote at shareholders&#8217; meetings when deemed appropriate.<\/p>\n<p style=\"text-align: left;\">Norron shall continuously monitor all companies in which we are invested, and follow our escalation approach in the event of a sustainability incident.<\/p>\n<p style=\"text-align: left;\"><strong>Monitoring and reporting<\/strong><br \/>\nNorron shall annually monitor the companies in which we are invested based on a set of sustainability indicators. This involves tracking data in accordance with the EU taxonomy for sustainable investments and the EU SFDR. We also assess companies based on Norron&#8217;s entity-level sustainability goals and their contributions to the UN Sustainable Development Goals.<\/p>\n<p style=\"text-align: left;\">For Norron&#8217;s Article 9 funds, reporting will also align with the fund&#8217;s established sustainability goals and objectives.<\/p>\n<p style=\"text-align: left;\">Norron shall provide information about its responsible investment practices and sustainability efforts on its website and in an annual sustainability report. Norron shall also keep stakeholders and affiliated organizations informed about its sustainability initiatives through ongoing dialogues and newsletters.<\/p>\n<p style=\"text-align: left;\"><strong>Responsibility<\/strong><br \/>\nThe Board of Directors is ultimately responsible for Norron&#8217;s sustainability efforts and ensures that this policy is updated and approved annually. The CEO is responsible for implementing and maintaining the policy within the organization.<\/p>\n<p style=\"text-align: left;\">Norron&#8217;s sustainability manager will be responsible for the daily sustainability efforts, working together with the fund managers of each respective fund. Norron&#8217;s ESG team will oversee, coordinate, and monitor Norron&#8217;s shareholder engagement and sustainability efforts. The team is responsible for the ESG Watchlist.<\/p>\n<p style=\"text-align: left;\">This policy covers all Norron employees.<\/p>\n<table class=\" alignleft\">\n<tbody>\n<tr>\n<td width=\"604\">\n<p style=\"text-align: left;\"><span style=\"color: #ff6600;\">Last approved by the Board of Directors of Norron AB on December 6 2023.<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n[\/vc_column_text][divider line_type=&#8221;No Line&#8221;][\/vc_column][vc_column column_padding=&#8221;no-extra-padding&#8221; column_padding_tablet=&#8221;inherit&#8221; column_padding_phone=&#8221;inherit&#8221; column_padding_position=&#8221;all&#8221; column_element_spacing=&#8221;default&#8221; background_color_opacity=&#8221;1&#8243; background_hover_color_opacity=&#8221;1&#8243; column_shadow=&#8221;none&#8221; column_border_radius=&#8221;none&#8221; column_link_target=&#8221;_self&#8221; gradient_direction=&#8221;left_to_right&#8221; overlay_strength=&#8221;0.3&#8243; width=&#8221;1\/6&#8243; tablet_width_inherit=&#8221;default&#8221; tablet_text_alignment=&#8221;default&#8221; phone_text_alignment=&#8221;default&#8221; bg_image_animation=&#8221;none&#8221; border_type=&#8221;simple&#8221; column_border_width=&#8221;none&#8221; column_border_style=&#8221;solid&#8221;][\/vc_column][\/vc_row][vc_row type=&#8221;full_width_background&#8221; full_screen_row_position=&#8221;middle&#8221; column_margin=&#8221;default&#8221; column_direction=&#8221;default&#8221; column_direction_tablet=&#8221;default&#8221; column_direction_phone=&#8221;default&#8221; scene_position=&#8221;center&#8221; top_padding=&#8221;7%&#8221; bottom_padding=&#8221;7%&#8221; text_color=&#8221;dark&#8221; text_align=&#8221;left&#8221; row_border_radius=&#8221;none&#8221; row_border_radius_applies=&#8221;bg&#8221; overlay_strength=&#8221;0.3&#8243; gradient_direction=&#8221;left_to_right&#8221; shape_divider_position=&#8221;bottom&#8221; bg_image_animation=&#8221;none&#8221; shape_type=&#8221;&#8221;][vc_column column_padding=&#8221;no-extra-padding&#8221; column_padding_tablet=&#8221;inherit&#8221; column_padding_phone=&#8221;inherit&#8221; column_padding_position=&#8221;all&#8221; column_element_spacing=&#8221;default&#8221; background_color_opacity=&#8221;1&#8243; background_hover_color_opacity=&#8221;1&#8243; column_shadow=&#8221;none&#8221; column_border_radius=&#8221;none&#8221; column_link_target=&#8221;_self&#8221; gradient_direction=&#8221;left_to_right&#8221; overlay_strength=&#8221;0.3&#8243; width=&#8221;1\/12&#8243; tablet_width_inherit=&#8221;default&#8221; tablet_text_alignment=&#8221;default&#8221; phone_text_alignment=&#8221;default&#8221; bg_image_animation=&#8221;none&#8221; border_type=&#8221;simple&#8221; column_border_width=&#8221;none&#8221; column_border_style=&#8221;solid&#8221;][\/vc_column][vc_column column_padding=&#8221;padding-4-percent&#8221; column_padding_tablet=&#8221;inherit&#8221; column_padding_phone=&#8221;inherit&#8221; column_padding_position=&#8221;all&#8221; top_margin=&#8221;-10%&#8221; column_element_spacing=&#8221;default&#8221; centered_text=&#8221;true&#8221; background_color=&#8221;#ffffff&#8221; background_color_opacity=&#8221;1&#8243; background_hover_color_opacity=&#8221;1&#8243; column_shadow=&#8221;none&#8221; column_border_radius=&#8221;none&#8221; column_link_target=&#8221;_self&#8221; gradient_direction=&#8221;left_to_right&#8221; overlay_strength=&#8221;0.3&#8243; width=&#8221;5\/6&#8243; tablet_width_inherit=&#8221;default&#8221; tablet_text_alignment=&#8221;default&#8221; phone_text_alignment=&#8221;default&#8221; bg_image_animation=&#8221;none&#8221; enable_animation=&#8221;true&#8221; animation=&#8221;grow-in&#8221; border_type=&#8221;simple&#8221; column_border_width=&#8221;1px&#8221; column_border_color=&#8221;#dbdbdb&#8221; column_border_style=&#8221;solid&#8221;][heading]Our partner organisations[\/heading][vc_row_inner column_margin=&#8221;default&#8221; column_direction=&#8221;default&#8221; column_direction_tablet=&#8221;default&#8221; column_direction_phone=&#8221;default&#8221; text_align=&#8221;left&#8221;][vc_column_inner column_padding=&#8221;no-extra-padding&#8221; column_padding_tablet=&#8221;inherit&#8221; column_padding_phone=&#8221;inherit&#8221; column_padding_position=&#8221;all&#8221; column_element_spacing=&#8221;default&#8221; background_color_opacity=&#8221;1&#8243; background_hover_color_opacity=&#8221;1&#8243; column_shadow=&#8221;none&#8221; column_border_radius=&#8221;none&#8221; column_link_target=&#8221;_self&#8221; gradient_direction=&#8221;left_to_right&#8221; overlay_strength=&#8221;0.3&#8243; width=&#8221;1\/3&#8243; tablet_width_inherit=&#8221;default&#8221; bg_image_animation=&#8221;none&#8221; border_type=&#8221;simple&#8221; column_border_width=&#8221;none&#8221; column_border_style=&#8221;solid&#8221;][vc_column_text]Norron is a member of the UNPRI and thus follows their principles for responsible investment. For more information, visit: <a href=\"http:\/\/www.norron.com\/sv\/om-oss\/www.unpri.org\">www.unpri.org<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1228\" src=\"https:\/\/www.norron.com\/wp-content\/uploads\/2018\/08\/PRI-Web-Colour-300x96.png\" alt=\"\" width=\"100\" height=\"32\" \/>[\/vc_column_text][\/vc_column_inner][vc_column_inner column_padding=&#8221;no-extra-padding&#8221; column_padding_tablet=&#8221;inherit&#8221; column_padding_phone=&#8221;inherit&#8221; column_padding_position=&#8221;all&#8221; column_element_spacing=&#8221;default&#8221; centered_text=&#8221;true&#8221; background_color_opacity=&#8221;1&#8243; background_hover_color_opacity=&#8221;1&#8243; column_shadow=&#8221;none&#8221; column_border_radius=&#8221;none&#8221; column_link_target=&#8221;_self&#8221; gradient_direction=&#8221;left_to_right&#8221; overlay_strength=&#8221;0.3&#8243; width=&#8221;1\/3&#8243; tablet_width_inherit=&#8221;default&#8221; bg_image_animation=&#8221;none&#8221; border_type=&#8221;simple&#8221; column_border_width=&#8221;none&#8221; column_border_style=&#8221;solid&#8221;][vc_column_text]Norron is also a UN Global Compact signatory and supports their 10 principles based on the UN Declaration of Human Rights. Read more here: <a href=\"http:\/\/www.unglobalcompact.org\">www.unglobalcompact.org<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-3307\" src=\"https:\/\/norron.com\/wp-content\/uploads\/2019\/08\/th-300x186.jpg\" alt=\"\" width=\"244\" height=\"151\" srcset=\"https:\/\/norron.com\/wp-content\/uploads\/2019\/08\/th-300x186.jpg 300w, https:\/\/norron.com\/wp-content\/uploads\/2019\/08\/th.jpg 331w\" sizes=\"auto, (max-width: 244px) 100vw, 244px\" \/>[\/vc_column_text][\/vc_column_inner][vc_column_inner column_padding=&#8221;no-extra-padding&#8221; column_padding_tablet=&#8221;inherit&#8221; column_padding_phone=&#8221;inherit&#8221; column_padding_position=&#8221;all&#8221; column_element_spacing=&#8221;default&#8221; centered_text=&#8221;true&#8221; background_color_opacity=&#8221;1&#8243; background_hover_color_opacity=&#8221;1&#8243; column_shadow=&#8221;none&#8221; column_border_radius=&#8221;none&#8221; column_link_target=&#8221;_self&#8221; gradient_direction=&#8221;left_to_right&#8221; overlay_strength=&#8221;0.3&#8243; width=&#8221;1\/3&#8243; tablet_width_inherit=&#8221;default&#8221; bg_image_animation=&#8221;none&#8221; border_type=&#8221;simple&#8221; column_border_width=&#8221;none&#8221; column_border_style=&#8221;solid&#8221;][vc_column_text]Norron is also a member of\u00a0 Swesif and H\u00e5llbarhetsprofilen, see\u00a0<a href=\"http:\/\/www.swesif.org\">www.swesif.org<\/a> for more information.<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-3600\" src=\"https:\/\/norron.com\/wp-content\/uploads\/2020\/01\/Swesif-logga-300x145.png\" alt=\"\" width=\"156\" height=\"75\" srcset=\"https:\/\/norron.com\/wp-content\/uploads\/2020\/01\/Swesif-logga-300x145.png 300w, https:\/\/norron.com\/wp-content\/uploads\/2020\/01\/Swesif-logga.png 323w\" sizes=\"auto, (max-width: 156px) 100vw, 156px\" \/>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][vc_column column_padding=&#8221;no-extra-padding&#8221; column_padding_tablet=&#8221;inherit&#8221; 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