Sustainability

Social and environmental factors and the structures of corporate governance have a lasting effect on financial performance.

That is why we consider ESG (environmental, social and governance) criteria in our investment strategy.

UN PRI: PRINCIPLES FOR RESPONSIBLE INVESTMENT

We have signed up to the United Nations Principles for Responsible Investment (PRI). These six principles are based on recognised international conventions aimed at investment companies.

Principle 1

We will be active owners and incorporate ESG issues into our ownership policies and practices.

Principle 2

We will be active owners and incorporate ESG issues into our ownership policies and practices.

Principle 3

We will seek appropriate disclosure on ESG issues by the entities in which we invest.

Principle 4

We will promote acceptance and implementation of the principles within the investment industry.

Principle 5

We will work together to enhance our effectiveness in implementing the principles.

Principle 6

We will each report on our activities and progress towards implementing the principles.

Source: www.unpri.org

CONTROVERSIAL WEAPONS POLICY

Tareno actively meets its responsibility when in comes to controversial weapons.

Controversial weapons include biological, chemical and nuclear weapons, cluster weapons and anti-personnel mines. The use of these types of weapons has serious humanitarian consequences for the civilian population. These devastating effects are felt not only during a conflict, but often years later.

Tareno does not invest in companies that are active in the field of controversioal weapons. Within the ESG framework, processes have been established to identify these companies and exclude them from an investment. This decision concerns the funds managed by Tareno as well as all portfolio management mandates. Advisory mandates are not affected by this guideline, however, such restrictions can of course also be implementented for these mandates.

The list of companies to be excluded is updated on a periodic basis with the support of external research providers.