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Sampension appoints head of ESG

A bigger focus on responsible investing has led Danish pensions firm Sampension to appoint a head of ESG.

Photo: PR/Sampension

Danish pension firm Sampension is stepping up its responsible investing efforts and has therefore chosen to appoint a head of ESG. The person that has been chosen for this role is Jacob Ehlerth Jørgensen, who is currently chief legal officer at the company, Sampension announces in a press release.

"We have increased the focus on the work with ESG the past few years, and we are now increasing our efforts further by appointing a new head of ESG in addition to adding resources to the area," Deputy Chief Investment Officer Jesper Nørgaard says in the press release, continuing:

"The strengthened ESG focus will help us realize our goal of reducing the climate footprint for the total investment portfolio in line with the Paris Agreement and with climate neutrality in 2050."

Dialog about global goals

More attention to the area also means that Sampension will enter into dialogs more often with the companies in which it invests. For instance, with the goal of helping them to live up to the UN's Sustainable Development Goals.

"Today, we are seeing a greater willingness among companies to begin dialogs with us and other investors about, for example, climate footprints, taxation and other subjects that are significant, not only for the company but also for society in general," says Ehlerth Jørgensen, adding:

"Companies are generally easier to get talking now than just a few years ago, and they generally also react faster now after the first invitation to dialog than previously. This is a sign of a general movement where companies are taking ESG more seriously than before, recognizing the area as both a risk parameter to business but also a part of their social responsibility."

Besides appointing the new head of ESG, Sampension has also set a sub-goal to reduce CO2 emissions in pollution-heavy sectors.

(This article was provided by our Danish sister media, FinansWatch.dk)

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