Responsibility in Elo’s investment operations
Responsibility is an integral part of Elo’s investment operations. The objective of Elo’s investment operations is to ensure the profitable and secure investment of employment pension assets. Elo’s principles for responsible investing are based on corporate social responsibility: our accountability to policyholders and the insured. Responsibility is manifest in the selection and monitoring of investments, and it is also subject to constant development. The ESG aspects – environmental responsibility, social responsibility and corporate governance – are incorporated in all our investment operations.
Elo’s principles of responsible investing and responsibility with regard to investment operations consist of the following areas:
- Responsible operating methods;
- Compliance with international norms;
- The assessment of responsibility as part of the analysis, decision-making and monitoring related to investments;
- Ownership steering and other means of influence.
Elo has undersigned the following initiatives that support responsible investing:
UN's Principles for Responsible Investment (PRI)
Montréal Pledge (publication of carbon footprint of investments)
Climate change, water and forest programmes of CDP
Elo is a member of Finland's Sustainable Investment Forum (Finsif) and its predecessors, LocalTapiola Pension Company and Pension Fennia, were founding members of Finsif.
Elo is a member of IIGCC, Institutional Investors Group on Climate Change.
Year 2017, the assessment of the AODP (Asset Owners Disclosure Project) rated Elo in the top AAA category and placed it 10th among the world’s 500 largest asset owners.
Elo’s ownership policy >
Elo’s responsible investment report 2015 >