Norwegian investment giant Storebrand boosts sustainability capability

€50bn finance giant names sustainability strategist

Storebrand, the leading Norwegian pensions, insurance and asset management group with NOK390bn (€50bn) in total assets, has made three sustainability-focused appointments as it seeks to generate the best long-term returns for clients.

Stina Billinger was named as sustainable strategist; she joins from Storebrand’s Swedish subsidiary SPP, where she held a similar role. She was formerly with the Good Company non-governmental organisation.

Jonas Ahlèn has been appointed as investment manager, microfinance. He joins from SIDA (the Swedish International Development Cooperation Agency)

and has worked at international investment banks in London. He will help to develop the company’s already leading microfinance commitment. Unn Hofstad has joined property subsidiary StorebrandEiendom AS to develop the energy and environmental efficiency of the Group’s property portfolio.

“Our customers expect that the pension is created through investments that are sustainable and justifiable,” said Storebrand CEO Idar Kreutzer in a statement.

“In future we will increasingly use our this expertise to further strengthen our investment decisions.”

The new roles are in addition to the responsible investment research team of Christine Tørklep Meisingsetat at fund management division Storebrand Kapitalforvaltning. Tørklep Meisingsetat, who is currently on a year’s study leave, received the sustainable asset owner of the year award on behalf of Storebrand at the annual Financial Times/IFC Sustainable Finance awards earlier this year.