Society and environment

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

The UN’s Global Compact and its 10 principles are an important source of inspiration for our strategy and further work on exercising good corporate governance and active ownership.

How we endeavour continuously to improve our work on corporate responsibility:

Responsible business practice is key to sustainable development

We ensure that through our:

  • Integration of social responsibility in all business processes
  • Long-term and responsible management of pension funds
  • Work with ethics, integrity and anti-corruption in dealing with customers, suppliers and others in the value chain ( Read KLPs supplier declaration)
  • Use of ISO 26000, the international standard for social responsibility, as guidance

Contact us if you would like to know more about our work with:

  • Ethics, integrity and anti-corruption
  • Procurement and supply chain management
  • Transparency and sharing of data and knowledge
  • Fair competition and public sector occupational pensions
    [or 'public service pension schemes']
  • Our reporting related to this

Corporate responsibility is an important part of how KLP ensures good Corporate Governance  

Corporate responsibility shall be integrated in all business processes to form part of:

  • Audit and preparation of management documentation and guidelines
  • Internal and external reporting, including quarterly reporting and the Board of Directors' annual report
  • Strategy work, balanced scorecard and risk analyses

Contact us if you would like to know more about our work on:

  • Performance management and anchoring of social responsibility
  • Strategy for social responsibility and materiality
  • Stakeholder dialogue and transparency
  • Our reporting related to this

Corporate responsibility is an important perspective in product development and customer service

KLP strives to safeguard a sustainability perspective in our work with:

  • Service development
  • Marketing
  • Dialogue with customers
  • Engagement around prevention and work with Health, Safety and the Environment (HSE)
  • Knowledge-sharing

Contact us if you would like to know more about our work on:

  • Customer satisfaction and customer care
  • HSE and risk mitigation measures with our customers
  • Analyses and data/knowledge related to our core business
  • Our reporting related to this  

Management of our environmental impact and climate change is a natural part of KLP's business

We ensure this through our work with:

  • Miljøfyrtårn (an environmental management certification scheme) and ISO 14000 certification
  • Energy efficiency
  • Waste managementReduction in consumption
  • Environmental policy with adherence to the Precautionary Principle
  • Carbon accounting and purchase of UN-approved emission allowances

Contact us if you would like to know more about our work on:

  • KLP Eiendom's approach to environmental management
  • Climate change
  • Waste
  • Travel
  • Use of materials
  • Certification and KLP's environmental committee
  • Environmental training
  • Our reporting related to this

To succeed, KLP must ensure job satisfaction, motivation and engagement among our employees

We do this by providing:

  • Secure and stable working conditions
  • A high degree of participation
  • Professional development for the individual
  • Diversity and equality

Contact us if you would like to know more about our work on:

  • Diversity and equality
  • Employee satisfaction
  • Health, Safety and Environment (HSE)
  • Skills development and training
  • Labour rights and participation
  • Staff statistics
  • Employee engagement
  • Our reporting related to this

KLP supports and respects international human rights

We ensure this by:

  • Being a responsible investor and owner
  • Being a responsible buyer
  • Promoting the UN Global Compact
  • Supporting humanitarian work
  • Implementing our ethical guidelines

Contact us if you would like to know more about how we work to promote human rights:

  • In our interaction with suppliers
  • In our interaction with other companies as an investor
  • Through training
  • Through implementation of our ethical guidelines
  • Through support for humanitarian work
  • Our reporting related to this