Policy on responsible investment
At the Jyske Invest associations, we consider it our primary responsibility, in the best way possible, to optimise the return for our investors. The Jyske Invest associations take a social responsibility in connection with the investments, meaning that environmental, social and corporate governance (ESG) issues are included in the investment decisions.
The basis of the Jyske Invest associations’ work with responsible investment is UN PRI’s Principles for Responsible Investment (PRI). UN PRI is a joint declaration on taking corporate social responsibility in connection with investments and compliance with six central principles for responsible investments.
The Jyske Invest associations cooperate with other investors to practice active ownership in relation to companies with ESG challenges.
Jyske Invest Fund Management has entered into an agreement with an external adviser, from whom Jyske Invest Fund Management twice annually receives a screening report on companies seriously violating international norms or conventions.
ESG issues are also considered in relation to investment in government bonds. The Jyske Invest associations’ investment in government bonds complies with international sanctions and bans adopted by the UN and the EU.
In connection with assessment of the reports from the external advisor as well as discussions and decisions about the contribution to the cooperation with other investors about active ownership and generally actions in situations with ESC challenges, it is possible for Jyske Invest Fund Management to draw on advice and sparring from the Committee for Responsible Investment at Jyske Bank. Consequently, Jyske Invest Fund Management may quickly be able to consider the individual investment or the individual company.
Exercising responsibility when selecting investments is a very complicated matter. Opinions differ widely when it comes to responsible investment. Investors, authorities, media, politicians and interest groups have varying definitions of the concept. The Jyske Invest associations do not wish to be bound by certain conventions or international charters. Jyske Invest Fund Measurement wants to decide on its own which companies and sectors that are socially responsible investments.
The responsible investment policy is available at the associations’ websites. The Jyske Invest associations communicate in full-year and interim reports about the latest development in the area. In these reports the Jyske Invest associations communicate the status of the work concerning active ownership including the number of issues and the development.
The policy on responsible investment was adopted by the Supervisory Board of Jyske Invest on 11 June 2019. The policy adopted at any time by the Supervisory Board shall apply.