VækstPension Aftryk
Vækstpension Aftryk – Want your pension to make an impact?
Investment strategy
For most of us, the impact of our pension savings may be one of the greatest marks we leave on the planet. As a VækstPension customer, you can help push the world in a better direction with VækstPension Aftryk.
The world needs a new direction
At Velliv, we see both a significant investment and societal potential in investing in those who are ready for change and those who are paving the way for us to achieve sustainable development as a society.
The journey to change is a marathon, not a sprint. That’s why we are pacing ourselves for the long haul.
By investing with a broad and long-term perspective and working purposefully with active ownership, we aim to clear the path for new solutions.
Four strong investment categories
VækstPension Aftryk is built on four investment categories that each contribute to pushing the world in a more sustainable direction. This makes room for both new and established champions. Because the world urgently needs companies that combine economic strength with measurable, positive change.
Leaders
Investments in companies that help push the world in a more sustainable direction.
For example, by improving public health, contributing to renewable energy or by delivering innovative technologies. Or, to put it another way, these are investments that take the lead in terms of sustainable development.Transitioners
Investments in companies that are ready for change and operate in industries that society cannot do without.
They have set the sail for transformation and chartered a clear course to promote sustainable development.Enablers
Investments in companies that pave the way for us to achieve sustainable development as a society.
For example, by providing essential technology, infrastructure, financing or metals. At the end of the day, we rely on batteries made from lithium if we are to store energy from renewable sources, and we need banks to finance wind and solar farms.ESG best-in-class
Investments in players who are considered among the best in their field at addressing environmental, social and governance considerations.
They represent a wide range of sectors, industries and countries and contribute to creating the necessary robustness and risk diversification in VækstPension Aftryk.
VækstPension Aftryk returns
The investments in VækstPension Aftryk take a broad sustainable perspective, contributing each in their own way with solutions to the challenges facing our planet. At the same time, they also have the potential to deliver attractive financial returns.
VækstPension Aftryk offers a competitive alternative to Velliv’s other investment options with similar long-term return expectations, but potentially more ups and downs in the short run due to its smaller investment universe. Risk is automatically reduced as you approach retirement, aligning with your pension disbursement date.
What’s your risk appetite?
When you invest in securities, the value of your savings can fluctuate from year to year. That’s why it’s essential to decide on an investment risk level that’s right for you, so we can invest your savings accordingly.
Low risk
A relatively large part of your savings will be invested cautiously in e.g. bonds.
Medium risk
A moderate part of your savings will be invested cautiously in e.g. bonds.
High risk
A relatively large part of your savings will be invested boldly in stocks
Investments and sustainability in VækstPension Aftryk
At Velliv, our goal is to deliver the best possible returns for you, with the reassurance that your investments are made responsibly – considering human rights, climate and environment, anti-corruption and bribery, as well as corporate governance. We believe this approach provides a solid foundation for generating strong long-term returns.
VækstPension Aftryk aims to deliver the best possible environmental and social impact while ensuring an attractive financial return. The financial product promotes environmental and social characteristics but does not have sustainable investment as its primary objective.
VækstPension Aftryk promotes the best possible environmental and social impact by including at least 50 per cent sustainable investments. Additionally, VækstPension Aftryk makes investments that are undergoing a clear transition and/or responsibly enable or contribute to other actors continuing their development or achieving their transition goals. Furthermore, Velliv promotes responsible corporate governance through voting at general meetings and engaging in dialogues with companies, e.g., in cases where breaches of international principles of responsible corporate governance are identified. Velliv also excludes investments in companies that do not align with Velliv’s desire to contribute to a more sustainable world.
The contribution to VækstPension Aftryk’s environmental and social characteristics is achieved through the product’s investment strategy, which is based on four categories: Leaders, Transitioners, Enablers and ESG best-in-class. Find even more information below.
Investment portfolio and exclusion lists (in Danish)
VækstPension Aftryk invests in companies such as
Hornsea Two
Hornsea Two is the world’s largest offshore wind farm and generates green energy for 1.4 million households in the UK. In 2023, the wind turbines saved the world from 1.3 million tons of carbon emissions according to external calculations. Velliv has invested in Hornsea Two through an infrastructure fund managed by an external manager
John Deere
John Deere is an American manufacturer of agricultural, forestry and construction machinery. They develop and deliver innovative solutions that help optimize and increase production. The company has had its climate targets approved by SBTI and has, among other things, committed to reducing its carbon emissions by 50% by 2030.
SAP
SAP is a global software company offering a wide range of software and business applications. The investment is included in VækstPension Aftryk because the company provides tools that can measure the effectiveness and progress of initiatives supporting sustainable transition.
How leaders contribute to sustainable development
This is how it is calculated
Above, you can see how investments in the leaders category are distributed in terms of whether they have an impact on planet or people.
For investments in listed equities and corporate bonds that fall under the category of leaders, we take as our starting point the extent to which the company’s revenue contributes to the UN’s Sustainable Development Goals (SDGs).
We divide the SDGs into people and planet
A company can have multiple revenue streams, and in those cases, we assess each stream to determine which goal it contributes to. A revenue stream can only contribute to one goal.
Further down this page, you can see how we categorise the UN’s Sustainable Development Goals into either planet or people. We use data from external suppliers on the contribution of investments’ revenue to the UN’s Sustainable Development Goals.
For the other asset classes in the leaders investment category, their footprint is allocated to either people or planet, depending on the investment’s purpose and available information. For example, green bonds and forestry investments will fall under planet, while social bonds will fall under people.
Planet
The listed shares and corporate bonds contribute to environmental goals when the individual investment has one or more sources of income that positively support the following SDGs:
- Clean Water and Sanitation (SDG 6)
- Affordable and Clean Energy (SDG 7)
- Sustainable Cities and Communities (SDG 11)
- Responsible Consumption and Production (SDG 12)
- Climate Action (SDG 13)
- Life below Water (SDG 14)
- Life on Land (SDG 15)
People
The listed shares and corporate bonds contribute to social goals when the individual investment has one or more sources of income that positively support the following SDGs:
- No Poverty (SDG 1)
- Zero Hunger (SDG 2)
- Good Health and Well-being (SDG 3)
- Quality Education (SDG 4)
- Gender Equality (SDG 5)
- Decent Work and Economic Growth (SDG 8)
- Industry, Innovation and Infrastructure (SDG 9)
- Reduced Inequalities (SDG 10)
- Peace, Justice and Strong Institutions (SDG 16)
We are thorough when selecting investments
Our investment approach in VækstPension Aftryk is characterised by transparency and thoroughness. This applies both when Velliv selects investments and when external managers invest on our behalf.
In VækstPension Aftryk, we have a global investment focus, and the starting point is therefore a broad investment universe across asset classes.
When Velliv selects the investments to be included in VækstPension Aftryk, we carry out a thorough analysis of the individual investment opportunities. The analyses are based on relevant information and available data. As access to information and data may vary depending on asset class, sustainability analyses are adapted to the possibilities of each asset class. We continuously improve our selection process to take this into account.
How we select asset managers
When we select our external partners who manage investments on our behalf, we conduct a thorough analysis of how they work with sustainability. Among other things, we look at their organisational setup within sustainability, how they have integrated sustainability into the investment process and their reporting on this area.
Our exclusion criteria
With VækstPension Aftryk. we prioritise investments in companies that create a favourable impact, and we are also clear on what we will not invest in.
We opt out of investments that do not meet our exclusion criteria. We therefore exclude investments in companies that produce and/or extract fossil fuels as well as investments with more than 5 per cent revenue from arms trade, alcohol, gambling and pornography. Furthermore, Velliv does not wish to invest in government bonds issued by countries that Velliv does not believe to have a satisfactory governance and management approach.
We continuously monitor our investments
We monitor our investments and external partners closely. We regularly re-visit the investments we make ourselves and assess whether adjustments need to be made.
When we monitor investments, we look at whether the companies have been involved in controversy, e.g. related to working conditions. We also look at whether there have been changes in our external data providers' ratings in environmental, social and governance areas.
In addition, we continuously monitor our external managers. We do this to ensure that they continue to comply with Velliv’s requirements when it comes to sustainability.
Active ownership is the anchor
We use active ownership to push the companies we invest in and our external managers in a more sustainable direction. This includes, among other things, voting at the companies' general meetings. Here, for example, we oppose board members who do not address ESG-related risks, and we support proposals that push the company in a more sustainable direction. Velliv’s voting is managed by an external data advisor based on a voting policy that is in line with Velliv’s strategic goals and values.
Velliv also engages in dialogues with the companies and our external managers. The purpose is to identify sustainability-related risks and influence companies to implement measures that support sustainable development.
Last but not least, Velliv engages in dialogues with companies that violate international principles of responsible corporate governance through an external data advisor. We do this to avoid similar breaches occurring in the future.
For those who want to know more
Twice a year, we publish a list of our investments in shares and bonds in VækstPension Aftryk. See our holdings lists.
We also report on our work with active ownership. Find our latest report, which includes a summary and examples of how we practice active ownership through the link to reports.
Once a year, we issue a report that highlights how VækstPension Aftryk has contributed to sustainable development. The report is also known as 'periodic reporting', and it is published in accordance with the EU's Disclosure Regulation.
Contact us
Do you need assistance?
If you would like to review your pension, make changes to your savings or have other questions about your pension scheme, please contact our Customer Centre.
Our phones are open
Monday to Thursday: 8.30 – 16:00
Friday: 9:00 – 16:00