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 650 billion.
- KLP is owned by customers with the public sector occupational pensions with the Company.
- The KLP Group has over 950 employees.
Financial information
Articles
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
- 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.
22.08.19
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
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
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
- 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.
17.06.19
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
KLP delivered a result to its public-sector occupational pension customers of NOK 5.7 billion for the whole of 2018.
17.06.19
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