Annual Report 2023 (eng) - Flipbook - Side 92
Annex 1
What proportion constituted sustainability investments?
Asset allocation
describes the
proportion of
investments in
specific assets.
What was the asset allocation?
Industriens Pension's average-interest-rate product has been invested with 60% assets allocated to a defensive
portfolio with a relatively low risk and with 40% assets to an offensive portfolio with a relatively high risk. The specific
allocation of asset classes in the two portfolios is available here (in Danish):
https://www.industrienspension.dk/da/OmIp/Investeringer/Aktiver
Asset allocation in the investment portfolio:
#1 In accordance with
E/S characteristics
94%
Investments
100%
#1A Sustainable
19%
#1B Other E/S characteristics
75%
#2 Other
6%
#1 In accordance with E/S characteristics covers those of the financial product's investments
that are used to achieve the environmental or social characteristics promoted by the financial
product. This category includes the whole portfolio except derivatives, as all investments in the
portfolios are made in accordance with the policy on responsible investment and active
ownership and therefore promote environmental or social characteristics.
#2 Other includes the remaining investments in the financial product that are neither
consistent with the environmental or social characteristics nor can be qualified as
sustainable investments. This category includes derivatives.
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