Information for G00917
Storebrand Investments Finance, Mining & Sustainability
Document begins: Storebrand Investments Finance, Mining & Sustainability Presented by: Aslak Skancke Senior Environmental Analyst Storebrand Investments Oslo, Norway January 2002 1 Storebrand A leading Scandinavian financial services company: investment management, pensions, life insurance and banking. Euros 20 billion in assets under management. One of the largest SRI (Socially Responsible Investments) specialists with 4.5 billion Euro under SRI Management ·Offices in Oslo, Stockholm, London, and Paris · Pioneer of Best in Class SRI funds · Co-founder and Chair of UNEP Insurance Industry Initiative · WBCSD member · NGO Cooperation with Amnesty Int. UK Business Group, Norwegian People's aid etc. · Mutual fund venture with WWF Sweden 2 2 The Importance of the Mining Industry ·Society is heavily depandant on minerals and metals provided by the mining industry. ·From enironmental and social perspectives, the industry has caused numerous problems. Especially mining of diamonds, gold and uranium has caused concern. 3 The Importance of the Mining Industry ·From a global investor's perspective, the mining industry is small: -The mining companies represent a small portion of the total investable universe. -Most mining companies are relatively "small" -For example, in the Morgan Stanely Captial International World Index (MSCI-WI) the mining companies constitute 0,7% of ...