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Institutional Investor Profile

KLP

Ownership

Assets under management

1,128,000
NOK million
¹
95,880
EUR million equivalent²

Externally managed Asset Classes3

Listed assets

Private assets & alternative investments

Membership / Signatory

PRI, Climate Action 100+, Net Zero Asset Owner Alliance, Norsif

City

Oslo
Kommunal Landspensjonskasse Gjensidig Forsikringsselskap (KLP) is a Norwegian mutual insurance company headquartered in Oslo. Established in 1949, KLP is Norway’s largest life insurance company, specializing in public-sector occupational pensions. It serves municipalities, county administrations, health enterprises, and public sector-related businesses, along with their employees. In addition to its core pension services, KLP operates through various subsidiaries, including KLP Eiendom, which manages real estate investments in Norway and Denmark, and KLP Banken, providing banking services. KLP is known for its commitment to ethical investments, having divested from companies involved in activities contrary to its ethical guidelines, such as coal-based operations and certain geopolitical concerns.

Related articles

¹
30 September 2024

2 Converted to EUR as of the date of the AUM - Source: XE Historical exchange rates

3 Asset classes where the organisation has selected or is in the process of selecting external managers. The organisation may not be currently seeking additional mandates in those asset classes.

Source(s) for asset class information:
PRI Transparency Report 2024

IMPORTANT INFORMATION: The information provided herein is targeted at professional investors only and should not be construed as marketing information. All information displayed is based on public information and/or provided by the company. NordSIP and its publisher Big Green Tree Media do not guarantee the accuracy of the data nor bear any responsibility in relation to the use of the data provided herein.

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