News archive

Progress on nature disclosures are a critical step forward towards solving biodiversity loss and climate challenge

16 January 2024 07:00

"Biodiversity loss was a breakthrough topic last year in within our sector, after what has been a long battle for many of us advocating for the issue. But now, this issue is increasingly being understood to rank alongside climate change — and to be intrinsically linked to solving it -as areas of significant systemic risk for investors"- Jan Erik Saugestad, CEO Storebrand Asset Management

Storebrand included in Dow Jones Sustainability Index

12 December 2023 10:39

Storebrand has been assessed by the renowned Dow Jones Sustainability Index as one of the world's leading listed companies in work on sustainability.

Storebrand Asset Management Q3 2023 business update

25 October 2023 07:33

Storebrand Asset Management recognized net revenue of NOK 507 million for the third quarter of 2023. Despite financial markets declining in the quarter due to renewed concerns about interest rates, affecting AuM negatively, we nonetheless experienced inflows totalling NOK 15 billion, ending the period with NOK 1131 billion in Assets under Management (AuM), an increase of NOK 111 billion in 2023.

Decisive, transformative action on biodiversity targets

11 October 2023 07:00

MILAN OCTOBER 11 - European Business and Nature Summit is the largest conference dedicated to crafting sustainable business models. This year’s edition comes one year before COP16 and will put special focus on empowering businesses to take decisive transformative action to implement biodiversity targets and lead the way towards a nature-positive society.

Nature Action 100 announces companies, start of investor engagement process to catalyze greater action on nature loss

26 September 2023 09:34

Nature Action 100 is a global investor engagement initiative focused on driving greater corporate ambition and action to reduce nature and biodiversity loss. Investors participating in the initiative engage companies in key sectors that are deemed to be systemically important in reversing nature and biodiversity loss by 2030

Leading financial institutions call on governments to not permit deep-sea mining

19 July 2023 10:00

A group of 36 financial institutions, representing over EUR 3.3 trillion of combined assets, have released a new joint statement urging governments to protect the ocean and not proceed with deep-sea mining until the environmental, social and economic risks are comprehensively understood, and alternatives to deep-sea minerals have been fully explored.

Storebrand Asset Management announces Q2 2023 business update

14 July 2023 07:32

Storebrand Asset Management recognized net revenue of NOK 483 million for the second quarter of 2023. Overall, results in the quarter were impacted by positively trending markets and the weakening of the NOK against most currencies. In the quarter, we experienced inflows totalling NOK 10billion, ending the period with NOK 1143 billion in Assets under Management, an increase of NOK 124 billion.

 Joint statement on Toyota AGM

15 June 2023 16:27

Storebrand Asset Management, AkademikerPension, APG & statement after Toyota AGM 2023 - Responding to the climate lobbying vote results
We are glad to see so many investors supporting our resolution on disclosure of Toyota’s lobbying activities. The high backing should serve as a clear wake up call for the company to focus on being competitive in the transition to the net zero society inst

Investors applaud Nippon Steel, as world’s fourth largest steel company takes strides towards green steel

16 May 2023 07:00

A group of investors comprising of Storebrand Asset Management, Man Group, Corporate Action Japan (CAJ) and the Australasian Centre for Corporate Responsibility (ACCR), has been co-engaging with Nippon Steel in recent months with a focus on enhancements to decarbonisation.

Toyota Will Face First Climate Shareholder Resolution

10 May 2023 10:13

Today, three shareholders are announcing that they have filed a climate lobbying-related resolution for Toyota Motor Corporation’s Annual General Meeting (June date TBC). The filing comes after a long period of active engagement led by Danish pension fund, AkademikerPension (US$20 bn in AUM), along with Norwegian financial services company, Storebrand Asset Management (US$120 bn in AUM), and Dutch

Storebrand Asset Management announces Q1 2023 business update

10 May 2023 07:32

"Our sustainability position and multi-boutique business model have been important to our growth and positive institutional inflows. In the current investment climate of persistently high interest and inflation rates, the importance of building a resilient portfolio with diversified assets is underlined." - Jan Erik Saugestad CEO Storebrand Asset Management.

Storebrand Infrastructure Fund invests in Germany's largest planned offshore wind farm

23 March 2023 10:04

Storebrand Infrastructure Fund is pleased to announce the acquisition of an equity stake in He Dreiht, a construction-ready 960 MW offshore wind farm in the German North Sea. Storebrands strategic infrastructure partner, AIP, has formed a consortium with Allianz Capital Partners (ACP) and Norges Bank (NBIM) acquiring 49.9% of the project.