Together with Skandia we ensure sustainability and responsibility by thoroughly screening the companies your pension is invested in. We have defined a list of criteria based on international UN agreements on areas such as human rights, climate and environment. We actively exclude harmful companies and include companies that base their business on sustainability and responsibility.
In our partnership with Skandia, Matter takes care of screening investments, while Skandia is responsible for managing the assets and pursuing the highest possible return.
There are a lot of things that we in Matter and Skandia together avoid investing in. We will not accept companies that produce weapons, tobacco and fossil fuels, and we screen out companies that do not respect human rights or are known to be involved in corruption. In addition, more of your money will be invested in companies that produce climate and environmentally friendly technologies, medicine and health care solutions. In short, we do our best to ensure that your money is invested in line with the UN Sustainable Development goals.
It is particularly important to us that your money is not invested in the extraction and production of fossil fuels. Today, Danish pension funds over-invest so heavily in oil, coal and gas, that a Dane owns 4-5 times more fossil fuel than what the energy companies can extract and emit, if we are to avoid catastrophic climate change. This is no news, and even the governor of the Bank of England, Mark Carney, warned against investments in coal and oil back in 2014
Unfortunately, many funds and investors today talk about sustainability without taking the challenge seriously. We want you to be the judge of our efforts, and have a look for yourself: On our digital platform, which you find under “My Overview” in the upper right corner, customers can see the difference their money is making, as well which companies their savings are invested in. You can of course also see your savings, insurances, etc., but that is nothing new.