Stockholm (NordSIP) – Following the announcement at the start of February that the external jury was in the process of finalising its shortlist of contenders for Länsförsäkringar annual “Sustainable fund performance of the year” competition, clients of the Swedish insurance company can now vote for their favourite funds.
The external jury included Hanna Setterberg from Stockholm School of Economics, Bidita Chakraborty from Morningstar and NordSIP’s own Aline Reichenberg Gustafsson. “It was rewarding to be included in the jury for the second year in a row. Last year was the first ever edition of the competition. The debate around the merits of different fund’s sustainability performance was captivating and I learned a lot. This year, we benefitted from the learnings we had drawn from last year’s experience and we were able to further distinguish between nuances of sustainable performance,” Reichenberg Gustafsson said.
All selected funds in Länsförsäkringar ‘s unit-linked insurance offering were evaluated and examined on the basis of sustainability and return. Each entry in the competition highlights a specific sustainability-oriented activity. “I was impressed to see how Länsförsäkringar’s team took on board the feedback they gathered from last year’s edition, both from the jury and from the public. The contribution from the competing funds were also of better quality in general,” she added.
The six entries were selected by the jury which, among other things, assessed the clarity, effect and innovation of the sustainability-oriented activity in each competing entry. “We could tell that the level of ambition and commitment to sustainable investments and ESG integration has increased in 2020. This upward trend definitely influenced the jury in selecting the list of finalists. What represented a positive effort last year might not have been sufficient this year. Personally, I see that as a very encouraging trend and I hope to have the opportunity to participate in the discussion next year, to see first-hand the progress achieved in 2021,” Reichenberg Gustafsson concluded.
Voting is open until April 8.