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KLP is Norway's largest pension company

The main aspects of KLP’s public sector occupational pension scheme, including: membership, pension entitlements in connection with change of employer and leave of absence, applications for pension.


Society, environment and responsible investment

At KLP, to think society, environment and responsible investment is part of the daily operation.

About Corporate Responsibility


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 745 billion.
  • KLP is owned by customers with the public sector occupational pensions with the Company.
  • The KLP Group has over 1000 employees.

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Sverre Thornes, konsernsjef i KLP
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


Kumlokk med en krans av gress og planter
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.


Jeanett Bergan, leder for ansvarlige investeringer i KLP
Jeanette Bergan, KLP's head of responsible investments.
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.


Sverre Thornes
Solid returns in the first six months of the year
  • The result for KLP’s customers amounted to NOK 4.3 billion in the first six months.
  • Value-adjusted returns were 4.8 per cent.
  • Good results and strong financial strength over time provides leeway to further reduce prices and costs for our customers and owners.


Jeanett Bergan, leder for ansvarlige investeringer i KLP
Jeanett Bergan, Head of responsible investment in KLP Kapitalforvaltning.
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.


Sverre Thornes
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.


Marte Siri Storaker rådgiver KLP Kapitalforvaltning
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.


Sverre Thornes, konsernsjef i KLP
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.


Sverre Thornes, konsernsjef i KLP
Solid returns in the first quarter

- The profit to KLP’s customers was NOK 2.2 billion in the first quarter.
- The value-adjusted return was 3.1 per cent.
- KLPs strong capital position gives room to reduce payments from costumers and owners.


Sverre Thornes
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.


Sverre Thornes, Chief Executive KLP
Moderate returns in troubled markets

KLP delivered a result to its public-sector occupational pension customers of NOK 5.7 billion for the whole of 2018.