Storebrand, the Norwegian financial group, has joined others in the PRI Leader's Group as the only Norwegian representative in the group of 47 identified as showing leadership and seeking to raise standards of responsible investment.
Odd Arild Grefstad, CEO Storebrand ASA, said: "We are proud to be recognised as a part of this group, as the only Norwegian asset owner. Storebrand apply sustainability principles to our entire business, including investments, product development and house management."
Jan Erik Saugestad, CEO Storebrand Asset Management, added: "This is an important recognition of our systematic work on sustainable investments. We would like to use this role to share our experiences and inspire more investors."
Fiona Reynolds, CEO at the PRI, noted in a letter sent to Storebrand that: "We will encourage our wider signatory base to learn from your responsible investment practices in manager selection, appointment and monitoring. I hope this recognition can help Storebrand ASA and our entire signatory base to keep raising the bar in responsible investment."
"As part of our 10-year Blueprint for responsible investment, the PRI committed to showcasing leadership and increasing accountability, with a view to raising standards of responsible investment amongst all our signatories."
"The Leaders' Group showcases signatories at the cutting edge of responsible investment, and highlights trends in what these leading signatories are doing. We have used signatories' reporting responses and assessment data to identify those that are doing great work in responsible investment, both across their organisation, and with a particular focus on a given theme each year."