The growth in 2020 was possible thanks to a focus on direct investments in the primary market and a close dialogue with the issuers of bonds, which was of particular importance during the start of the Covid-19 pandemic. Together with industry colleagues, capital was mobilized, and investments were made in socially-oriented bonds with the aim of mitigating the health and economic effects of the pandemic, both locally and globally.
A complete list of the institutional portfolios’ 30 issuers of sustainability-oriented bonds is available at lansforsakringar.se (pdf)
Of the investments, most money has been allocated to United Nations Sustainable Development Goal 13 “fighting climate change” followed by Goal 11 “sustainable cities and communities” and Goal 7 “renewable energy”.
“During the year, we systematically evaluated the sustainability effects of the financed projects thanks to better data from individual issuers. The evaluation was made in order to optimise the sustainability effects of the portfolios. With the supplementary data, as part of our integrated ESG and financial analysis, certain green bonds have been sold, primarily in the real estate sector. The potential to contribute to sustainable value creation was judged to be greater by making certain changes,” says Kristofer Dreiman.
* Investments in sustainability-oriented bonds are made from the institutional life and insurance portfolios linked to Länsförsäkringar Liv, Fondliv, Sak med subsidiaries and Agria.