The Norwegian collaborative investor initiative launched in 2008 is now established in Sweden by a group of thirteen Swedish investors. The aim of both the Norwegian and Swedish initiative is to influence companies to develop sustainably while at the same time create long-term value for their owners.
The Sustainable Value Creation Initiative (SVC) was on September 8th launched by the Swedish and the Norwegian investors in their respective home market. The Swedish investor group has total assets of SEK 3,800 billion under management, while the Norwegian group represents NOK 2,500 billion.
The 100 largest corporations on NASDAQ OMX Stockholm and the 74 companies in the Oslo Børs Benchmark Index (2008-2009) have received a survey on governance and policies regarding sustainable value creation. The results of the two surveys will be reported in January 2010.
By addressing environmental and social aspects in their operations, corporations can reduce risks and costs as well as better take advantage of and develop business opportunities.
Thus, addressing these issues contributes to the sustainable value creation that we investors see as fundamental to the future financial return on our client’s savings.
The aim of the initiative is to highlight the importance of good governance of sustainability issues. The survey is already in its second year in Norway and this is the first time that Swedish investors have joined the initiative.
SVC Initiative in Norway
Alfred Berg, DnB NOR/Vital,Folketrygdfondet, KLP, Nordea, the Norwegian Ministry of Trade and Industry, Odin, Statoil Kapitalforvaltning and Storebrand.
SVC Initiative in Sweden
Andra AP-fonden (AP2), DnB NOR Asset Management, Fjärde AP-fonden (AP4), Folksam, Första AP-fonden (AP1), Meta Asset Management, Nordea Investment Funds, SEB, Skandia Liv, SPP, Swedbank Robur, Church of Sweden and Tredje AP-fonden (AP3).
SVC Initiative in Norway (Bærekraftig verdiskaping)
Project Manager SVC, KLP
email@example.com, tel: +47 92 03 85 89