Íslenski lífeyr­is­s­jóðurinn pub­lishes de­tailed in­form­a­tion on the sus­tain­ab­il­ity of in­vest­ments

7 January 2022

The pension fund Íslenski lífeyrissjóðurinn has published information on the sustainability platform of companies and funds the pension fund invests in. The pension fund also published information about GHG emissions from its domestic investment portfolio. This is the first time an Icelandic pension fund releases such detailed information about the sustainability of its investments.

New sustainability strategy

Work to analyse the non-domestic part of the pension fund’s asset portfolio is on-going, with 30% of investments in the portfolio being in funds who have achieved top scores in international ESG analyses. Around 18% of the pension fund’s non-domestic portfolio is in funds who place special emphasis on sustainable investment.

Publication of this information is based on the pension fund’s new sustainability strategy, approved in November 2021. The strategy emphasises integrating sustainability and environmental, social and governance (ESG) concerns in the analysis of investment objectives. The strategy also emphasises disclosure about the pension fund’s operation and asset portfolio, including information about sustainability and financials.

Ólafur Páll Gunnarsson, Managing Director of Íslenski lífeyrissjóðurinn: “We support climate action. The purpose of the pension fund’s new sustainability strategy is to put forth an effective and credible approach to points of contention in sustainability and responsible investment. ESG factors are key to our evaluation of investments and we consider companies who take these issues especially into account in their operation more likely to reap long-term benefits. By analysing and publishing this information, we, our members and other parties, can monitor developments. In so doing, we are better placed to provide restraint and support for companies we invest in their efforts to reduce GHG emissions.

Focus of Íslenski lífeyrissjóðurinn

The strategy of Íslenski lífeyrissjóðurinn has regard for the UN Sustainable Development Goals. The pension fund has decided to focus especially on gender equality, climate issues, responsible consumption and production, and innovation. As a result, the pension fund looks primarily to SDG no. 5 (gender equality), no. 9 (industry, innovation and infrastructure), no. 12 (responsible production and consumption) and no. 13 (climate action) in its assessment and analysis of investment objectives.

  • Íslenski lífeyrissjóðurinn supports gender equality.
  • Íslenski lífeyrissjóðurinn supports innovation in all industries.
  • Íslenski lífeyrissjóðurinn supports the implementation of a circular economy in all consumption and production to ensure that resource utilisation does not exceed natural tolerance.
  • Íslenski lífeyrissjóðurinn supports climate action. Steps to assess the carbon footprint of the asset portfolio. 

Sustainability and responsible investment at Íslenski lífeyrissjóðurinn (icelandic)

You may also be interested in
New temp image
16 Feb. 2025
Landsbanki App Back in Operation
The issue that caused the app to be unavailable earlier today has now been resolved. It is now possible to log in to the online bank; however, there are still disruptions in certain online banking services. We apologize for any inconvenience this outage may have caused.
Starfsfólk í útibúi Landsbankans á Akureyri
14 Feb. 2025
Akureyri branch moves to new location
Landsbankinn’s Akureyri branch has moved to a new location at Hofsbót 2-4 in downtown Akureyri. The branch is open between 10-16 while ATMs and other self-service equipment is accessible around the clock.
Austurbakki
13 Feb. 2025
Open sale process of Keahótel ends without sale
The open sale process of the 35% shareholding of Hömlur ehf., a subsidiary of Landsbankinn, in Keahótel ehf., has ended without the conclusion of a sale agreement.
Austurbakki
11 Feb. 2025
Landsbankinn issues AT1 securities
Today, Landsbankinn completed the sale of Additional Tier 1 (AT1) securities in the amount of USD 100 million. This marks the Bank’s inaugural AT1 securities issuance, with the securities sold to investors at a fixed interest rate of 8.125%.
Landsbankinn
7 Feb. 2025
Landsbankinn changes interest rates
Landsbankinn changes deposit and lending rates and the new interest rate tariff enters into effect on 13 February 2025.
7 Feb. 2025
Morning seminar on public-private partnership
Landsbankinn and the Federation of Icelandic Industries (SI) are hosting a joint seminar on Thursday, 13 March, on the public-private partnership in the field of infrastructure and transport.
Landsbankinn
5 Feb. 2025
Self-service solutions temporarily inaccessible 
Due to a system updates, customers will not be able to use the app and online banking on Wednesday, 5 February, between 21:30 and 23:00. Other self-service solutions will be inaccessible during work on the update.
Landsbankinn
5 Feb. 2025
No closures due to weather
Most Landsbankinn branches will remain closed today, 6 February, until the weather subsides. We will update information on a running basis, as opening hours are likely to vary between locations.
Landsbankinn
4 Feb. 2025
Downtime in the app and online banking early Wednesday morning
Due to a system updates, customers will not be able to use the app and online banking on Wednesday 5 February, between 6:00 and 7:00 in the morning. Other self-service solutions will be inaccessible for about an hour during work on the update.
Netöryggi
7 Jan. 2025
Be wary of phishing emails in the name of Skatturinn
We warn against phishing emails that have been sent in the name of the Icelandic Tax Authority (Skatturinn). The email, which is in Icelandic, claims that the tax authorities have updated your tax return information and instructs you to access these details through the Skatturinn service portal by clicking a link included in the email.
Cookies

By clicking "Allow All", you agree to the use of cookies to enhance website functionality, analyse website usage and assist with marketing.

More on cookies