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Having the trust of our clients and employees is crucial for us as a fund manager.

Ever since SKAGEN was founded in 1993, we have therefore set ourselves the goal of being a socially responsible company. From the autumn of 2019, we have raised the bar and accelerated the transition to becoming a more sustainable fund company, promoting diversity and equality, and reducing our climate footprint.

Guiding this work are the principles of the UN Global Compact in the areas of human rights, labour law, the environment and anti-corruption, as well as the UN's 17 global goals for sustainable development. We have chosen to focus on three of these in particular: Gender equality, decent working conditions and economic growth, in addition to combating climate change.

Read more about how we work below.

We follow the UN's global guidelines for sustainable companies.

We include diversity of all kinds, not just gender diversity.

Our responsibility as an employer and investor of goods and services.

We are committed to joining the global effort to combat climate change.

Investing sustainably is essential in order to achieve the best possible risk-adjusted returns for our clients. Our sustainability strategy is built upon four main pillars:

  1. We exclude a range of non-sustainable products, businesses and activities.
  2. Enhanced due diligence of companies in high-emitting industries.
  3. ESG factsheet identifying ESG factors: produced for each investment case and includes a dedicated ESG overview.
  4. Through direct dialogue with companies and voting at general meetings, we can positively influence companies behaviour over the long term.
Read more about sustainability in the funds
A Skagen painting of Hardanger
Holger Drachmann, Sørfjord. Hardanger, 1886. This painting is manipulated and belongs to The Art Museums of Skagen.

Historical returns are no guarantee for future returns. Future returns will depend, inter alia, on market developments, the fund manager’s skills, the fund’s risk profile and management fees. The return may become negative as a result of negative price developments. There is risk associated with investing in funds due to market movements, currency developments, interest rate levels, economic, sector and company-specific conditions. The funds are denominated in NOK. Returns may increase or decrease as a result of currency fluctuations. Prior to making a subscription, we encourage you to read the fund's prospectus and key investor information document. An overview of costs can be found at www.skagenfunds.com/costs.

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