annual report 2020 - Flipbook - Side 17
INDUSTRIENS PENSIONSFORSIKRING A/S ANNUAL REPORT 2020
Work on the tax code of conduct was also a key
task in 2020. Internal resources have been
allocated to the area, and additional work has
been carried out to establish procedures and
routines ensuring that our investments in
unlisted assets are responsible from a tax
perspective.
CORPORATE SOCIAL RESPONSIBILITY
As part of this work, a number of areas were
identified for focus in 2020. This work will
continue in the coming years.
Report on corporate social responsibility
Industriens Pension's work on corporate social
responsibility is described in more detail in our
report on corporate social responsibility for
2020. The report is available on our website.
Active ownership
Industriens Pension exercises active ownership
through ongoing monitoring and dialogue with
companies in our portfolio. Active ownership is
also through voting at general meetings of
companies in which we hold voting rights and in
which we have the largest exposures. We meet
the active ownership requirements of the
Shareholder Rights Directive and we publish on
our website how we vote in companies in which
we have invested.
Moreover, it has been planned to further
strengthen active ownership and dialogue on
relevant ESG aspects with Danish portfolio
companies.
Our own climate footprint
As a company, we support efforts in society to
reduce the impact of climate change.
We acknowledge that, as a company, we also
play a role in actively supporting these efforts
ourselves. Consequently, we are working to
reduce our own negative impact on the
environment
and
on
increasing
the
environmental awareness of our employees.
In order to establish a framework for these
efforts, and to be able to measure improvements
later on, we have been working on calculating
our climate footprint for 2018-2020.
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