Annual Report 2023KLP Group, Sustainability Report and KLP

Highlights of the Year 2023

Together with Norfund, KLP enters into an agreement to invest in power lines in India. The investment will help to ensure that half of the country’s energy consumption is renewable by 2030.
KLP invests in Norwegian start-ups. In total, KLP has signed investment commitments worth NOK 945 million in Norwegian seedcorn funds.
KLP, the Norwegian Union of Municipal and General Employees, the Norwegian Nurses’ Association and the Norwegian Association of Local and Regional Authorities launch a partnership to address the staff shortages in the Norwegian local government and healthcare sector.
KLP Eiendom enters into leasing agreements with Oslo Met. The agreements run for 10 years with the last expiring in 2043.

Solid buffers and higher interest rates allow a surplus of NOK 3.2 billion to be transferred to customers.
KLP signs an undertaking to invest EUR 25 million in the property fund Catella Elithis. The fund is KLP’s first climate-friendly investment in the property sector.

For the first time, half of KLP’s fund customers are women.
In Apeland’s reputation survey, KLP gets a reputation score of 76 out of 100, coming top of all banking and finance companies.

KLP launches a report on the role of the ports in the maritime green transition.

During the high season for companies’ general meetings around the world, KLP votes against around 70 boards in climate and nature matters. The pension money sends clear signals to companies that do not have a plan for climate change or management.
KLP Banken launches Apple Pay.

Five years ago, KLP was the first to offer a Nordic Swan-labeled fund, and it is this fund that has generated the highest returns in the last three years, at over 15 per cent each year.
Together with Norfund, KLP invests in a 168 MW wind power plant in India.

KLP, Investinor and the forestry industry launch 3K6, a new investment fund that will invest in innovative companies within the Norwegian forestry-related sector.

KLP launches this year’s working life report on how we can tackle the staffing crisis in the Norwegian local government and healthcare sector, and what it takes to thrive at work at all stages in life.
KLP delivers good results for the first half-year, with a total customer result of NOK 21.3 billion.

KLP’s AksjeGlobal Indeks fund passes NOK 100 billion, and is Norway’s largest equity fund.
KLP Kapitalforvaltning is the fund company with the highest net subscription figure among Norwegian fund management companies in September

KLP Kapitalforvaltning travels to China to follow up on mining companies that KLP has invested in and address the topic of human rights, climate and nature directly with them.

KLP Skadeforsikring gains dual honours in EPSI's customer survey of the insurance industry, ending up on the podium for both the corporate and retail markets.
The start-up initiative KLP Trykktanken is held in Mo i Rana. The goal is to provide entrepreneurs with professional help to give momentum and direction to their business ideas.