DNB Nordic Equities
LU0083425479
| Issuer | DNB Asset Management AS |
|---|---|
| Fund provider | DNB Asset Management AS |
| Fund type/Asset class | Equity fund |
| Legal form | SICAV |
| Fund issue date | 07/01/1998 |
| Last Update | 03.05.2024 |
| Benchmark | VINX Benchmark Net Index Capped |
| Tranche | Private Investors Institutional Investors foundations |
Risk Indicator (PRIIP)
5 of 7
Licensed in
D,
A,
CH,
LU
Classification by SFDR
Article 8
EU Taxonomy
2.0% aligned
% of Sustainable Investments according to SFDR
20%
Principal Adverse Impacts
Greenhouse Gas Emissions
Water
Waste
Biodiversity
Energy Efficiency and Fossil Fuels
Social and Employee Matters
Sustainable Development Goals
No Poverty
Zero Hunger
Good Health and Well-being
Quality Education
Gender Equality
Clean Water and Sanitation
Affordable and Clean Energy
Decent Work and Economic Growth
Industry, Innovation and Infrastructure
Reduced Inequality
Sustainable Cities and Communities
Responsible Consumption and Production
Climate Action
Life Below Water
Life on Land
Peace and Justice Strong Institutions
Partnerships to achieve the Goal
Normal allocation
| Equities | 80 % to 100 % |
|---|---|
| Bonds | Excluded |
| Money market/Bank deposits | 0 % to 20 % |
| Commodities | Excluded |
| Direct investments | Excluded |
| Derivatives | Excluded |
| Other | - |
Sustainability approach
| Principal Adverse Impacts |
Greenhouse Gas Emissions
Biodiversity
Energy Efficiency and Fossil Fuels
Social and Employee Matters
We use, as a minimum, the mandatory indicators that measure principal adverse impacts of our investments to consider significant harm on environmental or social objectives. Companies who are identified as outliers for one or several principal adverse impact indicators will be put on a watchlist, and will be further analysed. This can result in either engagements with the company to learn more and encourage them to address their potential adverse impacts, or exclusion of the company as a last resort. In cases where data coverage and quality is currently low, the portfolio managers, together with the Responsible Investment team aim to make their own assessment of the significant harm caused by the investment. We aim to quantify this to the highest possible extent, but reasonable qualitative assessments may be made where data is not available. Note that data quality and coverage of principal adverse impact indicators in the market are currently low for certain indicators. We expect the quality and coverage to improve over time, and we aim for continuous improvement by assessing our data providers as well as engaging with companies to encourage them to improve their reporting in this area. |
|---|---|
| Further remarks on the consideration of SDGs | The assessment of alignment to environmental UN SDGs is based on qualitative and quantitative analysis using an internally developed SDG framework for mapping and measuring SDG alignment. The framework has been externally reviewed by a third party and internal audit. Data on SDG alignment is based on data from an external data provider and our own internal data and fundamental analysis by portfolio managers. Alignment is measured in terms of revenues or alternatively CapEx. |
| Rationale behind classification according to SFDR | Article 8 |
| Engagement | Both internally and externally Link to engagement policy |
| Voting | Both internally and externally Link to voting policy |
| Best-in/of-Class | Best-In-Class The fund will commit to a minimum share of 20% environmentally sustainable investments in line with its strategy to invest in companies with an environmental profile and with a focus on delivering solutions for a better climate and environment. The fund utilises positive screening to include companies that have a potential positive environmental contribution. Positive contribution is measured by companies with activities that are taxonomy aligned, companies with revenues aligned with one or more environmental UN SDGs, have credible science-based emission reduction targets, and by companies that demonstrate potential avoided emissions. |
| ESG-Integration | Yes Emphasis is placed on environmental, social and governance (ESG) factors in the investment process. The Investment Manager considers ESG risks and opportunities as part of the valuation of the companies where the Sub-Fund is investing in. ESG data is incorporated into the Investment Manager’s portfolio management systems and is available to all of investment professionals. Our portfolio managers use this data in their company risk assessments, financial modelling, and investment decision making. The availability of this data in the front office system also often acts a flag for the portfolio managers, triggering further investigation and discussion with the Investment Manager responsible investment team regarding potential risks and opportunities and the financial effect from this. These discussions may trigger actions such as further investigation, engagement in dialogue with the company, or impact on the investment decision. |
| Norm-based screening |
UN Global Compact
ILO core labour standards
OECD Guidelines for Multinational Enterprises
Implementation of TCFD
Other
Ottawa convention
|
| Themes |
Climate change
Renewable Energies
Biodiversity
Der Fonds investiert vorwiegend in Aktien von Unternehmen, die in den Märkten
der skandinavischen Länder, d.h. Norwegen, Schweden, Finnland, Dänemark und
Island, ansässig sind, oder, sofern sie nicht in den Märkten der skandinavischen
Länder ansässig sind, den vorwiegenden Teil ihrer Geschäftstätigkeit in den
skandinavischen Märkten ausüben, oder deren Aktien vorwiegend an den
skandinavischen Märkten gehandelt werden
|
| Impact Investing |
-
|
| Further information on the sustainability approach | Die von DNB AM verwalteten Vermögen werden ausnahmslos nach ethischen, ökologischen Kriterien verwaltet. Ein spezielles Anlagekomitee ist für die DNB-weite Umsetzung / Überwachung der ethischen Anlagerichtlinien verantwortlich. Die in die Analyse einfließenden Daten, die Grundlagen für die Entscheidungsfindung erhält das Komitee von unseren spezialisierten SRI-Analysten. Darüber hinaus greifen wir auch auf externe Berater mit entsprechenden Spezialkenntnissen zurück. Link to sustainability approach |
Research and Transparency
| In-house sustainability analysis | Yes, 6 |
|---|---|
| Research partners | Yes ISS, Bloomberg, S&P, MSCI ESG Research and Sustainalytics. Additional external resources include the SASB Framework and database, sell-side research, media, industry reports, Non-Governmental Organisation (NGO) reports and meetings, and CDP. |
| Percentage of portfolio with sustainability analysis | 100 % |
| Strategically important suppliers included | Yes |
| Sustainability advisory committee | Advisory https://www.dnb.no/portalfront/nedlast/en/about-us/Responsible_Investment_Committee_-_mandate.pdf |
| Analysis of portfolio CO2 | Yes, backward-looking indicator https://www.dnb.no/portalfront/nedlast/en/about-us/Reporting/2020/Carbon_Footprint_of_Mutual_Funds_2020.pdf |
| Sustainability reporting | Yes https://www.dnb.no/en/about-us/csr/sustainability-library.html |
| At least monthly portfolio publication | Yes |
| Certification/Label awarded by independent auditors |
-
Other
Towards Sustainability
|
Environmental
Exclusion of sectors / areas of business – companies
| Fossil fuels (Coal, Oil and Gas) | Yes 5 % Turnover threshold |
|---|---|
| Nuclear power (operation and components) | Yes 30 % Turnover threshold |
| Green genetic engineering | No |
| Chlorine and agrochemicals (biocides) | No |
| Other | - |
Exclusion of business practices – companies
| Environmentally damaging behaviour | Yes |
|---|---|
| Damage to biodiversity | Yes |
| Other | - |
Exclusion criteria – countries
| Non-ratification of the Paris Climate Agreement | No |
|---|---|
| Non-ratification of the Protocol on Biosafety | No |
| Non-ratification of the UN Biodiversity Convention | No |
| Nuclear power by proportion of gross energy production | No |
| Other | - |
Social
Exclusion of sectors / areas of business – companies
| Weapons/Armaments | Yes 5 % Turnover threshold |
|---|---|
| Cluster bombs and anti-personnel mines | Yes |
| Weapons of mass destruction (ABC/CBRN) | No |
| Tobacco products | Yes |
| Pornography | Yes |
| Spirits/Alcohol | Yes 5 % Turnover threshold |
| Gambling | Yes 5 % Turnover threshold |
| Other | - |
Exclusion of business practices – companies
| Labour rights (ILO core labour standards) | No |
|---|---|
| Exploitative child labour | Yes |
| Violation of human rights | Yes |
| Animal testing | No |
| Other | - |
Exclusion criteria – countries
| Labour rights | No |
|---|---|
| Violation of human rights | No |
| Military spending as a percentage of GDP | No |
| Death penalty, torture | No |
| Countries classified by Freedom House as not free | No |
| Violations of the Nuclear Non-Proliferation Treaty | No |
| Violations of other non-proliferation treaties | No |
| Other | - |
Governance
Exclusion of business practices – companies
| Corruption and bribery | Yes |
|---|---|
| Tax: planned avoidance & detected violations | Yes |
| Other | - |
Exclusion criteria – countries
| Corruption | No |
|---|---|
| Other | - |
More on data availability
-
EU Taxonomy
It is possible that reported KPIs for taxonomy eligibility and alignment (being limited to corporate issuers / including only selected economic activities) are low or that KPIs cannot be reported due to limited data availability. Data may be available with a time lag. Data comparability may be limited due to differences in the scope of the economic activities considered. As soon as data is available in sufficient quantity and quality, it will be published in accordance with regulatory requirements.
Quelle: Unternehmensangaben. | Für die Angaben der Unternehmen kann keine Haftung übernommen werden. Die Angaben dienen nur zur Information und stellen keine Beratung oder Empfehlung dar. Bitte beachten Sie den Haftungsausschluss unter www.forum-ng.org/disclaimer. Das FNG-Nachhaltigkeitsprofil bietet nur einen ersten Überblick und ist kein Ersatz für eine eigenständige Analyse. Weiterführende Erläuterungen finden Sie unter www.forum-ng.org
FNG-Sustainability profiles disclaimer
- Bei den vorstehenden Angaben im Rahmen der FNG-Nachhaltigkeitsprofile handelt es sich lediglich um Zusammenstellungen, Übersichten oder Sortierhilfen, die vom Forum Nachhaltige Geldanlagen e.V. wertungsfrei bereitgestellt werden.
- Es wird ausdrücklich darauf hingewiesen, dass das Forum Nachhaltige Geldanlagen e.V. weder die Richtigkeit und Vollständigkeit noch die Plausibilität der in den FNG-Nachhaltigkeitsprofilen enthaltenen Angaben überprüft hat. Diese Angaben beruhen ausschließlich auf den von den jeweiligen Anbietern bereitgestellten Daten, auf die das Forum Nachhaltige Geldanlagen e.V. keinen Einfluss hat.
- Die Aktualität der eingegebenen Daten richtet sich nach dem im FNG-Nachhaltigkeitsprofil des jeweiligen Produkts angegebenen Aktualisierungsdatum, wiedergegeben ist also der Stand zu diesem Datum. Im Zweifel sind die bei der jeweiligen KVG hinterlegten Daten als aktuell zu betrachten. Das Forum Nachhaltige Geldanlagen e.V. hat darauf jedoch keinen Einfluss und kann daher keine Gewähr für eine jederzeitige Aktualität übernehmen, da die FNG-Nachhaltigkeits-Inhalte von den Anbietern selbst zu befüllen und ggf. zu aktualisieren sind.
- Die in den FNG-Nachhaltigkeitsprofilen bereitgestellten Informationen stellen keine Anlageempfehlungen dar. Sie dienen lediglich Informationszwecken zu bestimmten Nachhaltigkeitsaspekten und können weder eine fachgerechte Anlageberatung noch eine qualifizierte Produktaufklärung ersetzen. Es wird daher empfohlen, vor Kauf oder Verkauf der in den FNG-Nachhaltigkeitsprofilen aufgeführten Anlageprodukte die Dienste eines professionellen Anlageberater in Anspruch zu nehmen und die vollständigen Verkaufsunterlagen (insbesondere Verkaufsprospekt) des jeweiligen Anlageprodukts aufmerksam durchzulesen. Insoweit wird ergänzend darauf hingewiesen, dass Anlageprodukte generell mit Verlustrisiken bis hin zu einem Totalverlust behaftet und auch in der Vergangenheit erzielte Gewinne kein zuverlässiger Indikator für zukünftige Ergebnisse sind.