Sustainable Asset Management

The Storebrand PLUS Fund is a sustainability-driven, low-risk alternative to traditional equity fund management for ecologically-conscious capital. 

Developed to champion global sustainability within the world of asset management, Storebrand’s PLUS fund is a fossil-free equity fund modeled around index- and risk factor-based management strategies, channeling assets towards green projects. It is guided by elaborate sustainability requirements: the Storebrand Standard and the extended PLUS criteria.

We believe fossil free strategies are a powerful tool, helping to shift billions away from investments without a longterm future, and into attractive investments with a positive climate impact.

Jan Erik Saugestad – CEO, Storebrand Asset Management

The Storebrand Standard process complies with UN Global Compact standards and is supported by a portmanteau of Scandinavian and international organizations (Fossilfritt Sverige, UNEP Finance Initiative, Transparency International…). In effect, it prevents any company violating international norms and conventions from being listed.

The PLUS criteria exclude companies that are part of the weaponry, alcohol, gambling, pornography, tobacco, as well as fossil fuel extraction industries, and companies with a share of sales from fossil fuels higher than 5%. Extended fossil-free criteria additionally apply, granting a higher priority to investments with specific sustainability solutions such as renewable energy and low CO2 transportation.

Unlike conventional equity and asset management funds who do not necessarily identify positive environmental impact as a key tenet of their investments, the Storebrand PLUS Fund model prioritises investment via thoroughly-supported and comprehensive sustainability criteria, whilst offering full transparency over the selection process. In doing so, it actively supports businesses and companies engaged in addressing UN Global Goals, furthering well-needed ethical practice within the financial sector.

Clean Water and Sanitation
Storebrand invests in organisations and projects that use integrated water resources management and contribute to healthier drinking water supplies.

Affordable and Clean Energy
The PLUS Fund invests almost exclusively in fossil-free organisations, who direct a significant share to renewable energy projects.

Decent Work and Economic Growth
By investing in projects and organisations with high sustainability standards, Storebrand supports the creation of high quality jobs that stimulate the green economy.

Industry, Innovation and Infrastructure
Storebrand spearheads a sustainable alternative within an industry that needs change, showcasing innovative climate-conscious solutions.

Climate Action
Storebrand engages in the financing of sustainability-driven projects and organisations, and influences companies to further develop their sustainability strategies.