Stockholm (NordSIP) – Swedish pension scheme Alecta, one of the largest in Europe, has appointed Carina Silberg (pictured) as overall sustainability manager.
In order to push sustainability issues higher up the agenda, the Swedish occupational pension provider, which has SEK 770 billion (€80.6 billion) of asset under management, is creating this new position, Johan Anderson, the pension scheme’s press officer, told Modern Investor.
In the new role, Silberg will oversee and help to coordinate sustainable policies and aid implementation in the pension fund’s three key business areas: asset management, product development and customer service.
Within asset management, she will work together with Peter Lööw, Alecta’s head of responsible investment, who is responsible for sustainability integration in equity and credit analysis, including dialogue with companies on environmental, social and governance issues.
Silberg will also assist with developing a long-term sustainability focus for Alecta’s products as well as implementing sustainability policies in the customer service area, including tackling issues such as data protection for 2.3 million customers.
Prior to her new job, Silberg was senior CSR consultant (and later executive director) at Hallvarsson & Hallvarsson, a Stockholm-based communications advisory firm specialising in corporate communications, corporate marketing, CSR, financial communication, investor relations and public affairs.
Before joining Hallvarsson & Hallvarsson in 2008, she worked for six years at GES – Global Engagement Services as SRI analyst and advisor.
Silberg will assume the position of Alecta’s sustainability manager on 13 March.
As at 30 June 2016, Alecta’s portfolio comprised fixed income (52%), equities (39%) and real estate (8%). Last year, however, the scheme said it had decided to sell all of its directly owned foreign properties – 48 properties in the US and UK