Annual report 2021 KLP Group, Sustainability and KLP

KLP funds report record sales. Net new subscriptions from external customers totalled NOK 1.7 billion in December and NOK 10 billion in the whole of 2020, compared with NOK 5.2 billion the year before.

KLP asset managers win EuroHedge Award for returns from the KLP Alfa Global Energi fund.

KLP delivers good results despite uncertain times and the major challenges facing the economy, including infection-reducing measures.

KLP named best responsible investor in a report from ‘The Future in our Hands’.

The Norwegian association of private kindergartens (PBL) signs an agreement with KLP Skadeforsikring for collective staff insurance for almost 30,000 employees, making it our largest private customer.

KLP invests NOK 2 billion in green infrastructure projects through leading international asset manager Macquarie Asset Management.

The KLP Pressure Tank, which develops early-stage business ideas, looks into ways of making money from prawn shells and salmon skins, and refrigeration for small boats.

KLP excludes 16 companies with links to Israeli settlements in the West Bank, according to a UN report.

KLP makes its fifth investment in real estate funds in Europe. The investment commitment is EUR 100 million (just over NOK 1 billion) in the Catella European Residential Fund III (“CER III”).

KLP adopts roadmap towards net zero emissions in 2050. The roadmap shows how KLP should assess every investment against an emission path which is compatible with the 1.5-degree target.

CEO Sverre Thornes attends the Climate Investment Summit. He talks about the road to Paris, the climate-adapted portfolio and the role of institutional investors.

KLP Banken decides not to increase its mortgage rate even if Norges Bank raises the key policy rate.

Kiran Aziz is hired as head of the department that monitors and checks that companies that KLP Kapitalforvaltning invests in follow the company’s guidelines on responsible investments.

Reflectors save lives, and KLP marks ‘Reflector day’ with a social media competition where we give away reflectors and remind people to use them.

For the eleventh year in a row, KLP has the most satisfied corporate customers in the non-life insurance segment, according to this year’s survey of the insurance industry conducted by the analysis agency EPSI.

KLP and other financial service companies join forces in a call to work for biodiversity and prevent environment loss. The signatories commit to delivering on five measures and reporting on them by 2025.

KLP invests over NOK 200 million in the new global Climate Investor 2 fund. The money will finance more renewable energy in developing countries.

KLP excludes 14 companies that could be linked to the production of controversial armaments such as nuclear weapons and cluster munitions.

Lars Erik Mangset, head of climate change at KLP, is one of the speakers at TEDxSkift, arranged as a countdown to the climate talks in Glasgow.

The 2021 KLP Local Government Conference, which consists of seven digital broadcasts from different parts of the country, achieves a record audience with over 10,000 people watching all or part of the broadcast “The battle for energy – is there a peaceful way forward?”

The municipality of Hamar wins KLP Future Prize for 2021 with an award of NOK 250,000. Unusual collaboration across sectors takes Finsal sensory and school garden to the very top.

KLP Skadeforsikring hands gold award for good public building and property management to Vefsn municipality. The ceremony takes place at the IK Bygg conference 2021, and the prize goes to municipalities making systematic efforts to take care of their buildings.