Society, environment and responsible investment
At KLP, to think society, environment and responsible investment is part of the daily operation.
Facts about KLP
- Kommunal Landspensjonskasse (KLP) will deliver safe and competitive financial and insurance services to the public sector, enterprises associated with the public sector and their employees.
- The KLP Group has total assets of NOK 765 billion.
- KLP is owned by customers with the public sector occupational pensions with the Company.
- The KLP Group has over 1000 employees.
Financial information
Articles
First quarter marked by weak financial markets
- Value-adjusted return amounts to minus 3.7 per cent.
- Book returns amount to 0.6 per cent.
- Increasing efforts for clients and their employees.
14.05.20
Historically good result for KLP
- Value-adjusted returns were 8.5 per cent
- The customer result for 2019 was NOK 10.9 billion
- Successful implementation of new rules for public-sector occupational pensions
17.02.20
KLP excludes G4S
Norway’s largest pension fund, KLP, excludes British security company G4S from investments due to risk of human rights violations.
06.12.19
Good result for KLP
- Value-adjusted returns were 6.6 per cent
- The returns result for KLP’s customers was NOK 4.6 billion so far this year
- Four new Nordic Swan-branded funds launched
20.11.19
Norway’s Largest Pension Fund (over US$81bn AuM) Goes Oil Sands-Free
KLP and KLP Funds are excluding five companies, four of which are Canadian and one is Russian owned.
07.10.19
Norway’s Largest Pension Fund, KLP, Demands Investor Action to Save the Amazon
KLP, Norway’s largest pension fund (US$80 billion AuM), has begun contacting companies with activities in Brazil whilst calling on other investors to take action.
28.08.19
KLP accepts Euronext’s bid for Oslo Børs VPS
Euronext has been authorised by the Norwegian Ministry of Finance to take a 100% stake in Oslo Børs VPS, which runs the Oslo Stock Exchange. In light of this, KLP has decided to sell its 10% interest in Oslo Børs VPS to the Dutch-French stock market operator for NOK 158 per share, in addition to a fixed interest payment of NOK 3.21 per share.
17.06.19
KLP remove five companies from blacklist
KLP and the KLP funds ("KLP") has decided to remove the following five companies from it's exclusion list: Grupo Carso, General Dynamics Corp, Nutrien Ltd, Rio Tinto Ltd and Walmart Inc.
28.08.19
KLP excludes four new companies and includes two
KLP has decided to exclude four companies that derive more than 30% of their revenues from coal or coal-based activities. In addition, KLP is including two companies given that the oil exploration they were involved in off the coast of Western Sahara has ceased.
23.07.19
Norway’s KLP (US$80 billion AuM) divests from almost 90 alcohol & gambling companies
Norway’s largest pension fund, KLP (US$80 billion AuM) is selling out of companies that derive their turnover or activity from alcohol and gambling. Pornography is also added to the list although KLP was not invested in such companies.
17.06.19
KLP goes coal free
By going coal free, we are sending a strong signal on the urgency of shifting from fossil to renewable energy, says KLPs CEO Sverre Thornes.
17.06.19