Corporate social responsibility 2020 - Flipbook - Page 4
INDUSTRIENS PENSIONSFORSIKRING A/S
RAPPORT OM SAMFUNDSANSVAR 2020
CORPORATE SOCIAL RESPONSIBILITY AT INDUSTRIENS PENSION
Corporate social responsibility at
Industriens Pension
Diversity policy
The purpose of this policy is to promote diversity
in the Board of Directors.
In 2020, various initiatives were implemented,
and a large number of CSR results were
achieved.
Internal policies and procedures
Apart from the policies adopted by the Board of
Directors, internal policies have been developed
for fitness and propriety and for good business
conduct.
This report describes the initiatives and results
for the year.
When Industriens Pension was established more
than 25 years ago, the social partners took on a
major social responsibility by undertaking to
secure a good and profitable supplement to
state pensions for Danish employees.
These policies help to ensure that employees at
Industriens Pension always know what is
expected of them in terms of competent,
responsible and trustworthy behaviour.
The pension scheme is for hourly paid workers
in industry, who automatically become members
of Industriens Pension when they are employed.
Compulsory membership implies a special duty
to manage the pension scheme responsibly and
appropriately.
Industriens Pension’s work on corporate social
responsibility (CSR) is governed by our overall
CSR policy to facilitate regular initiatives to
promote
sustainability,
integrity
and
accountability in our administration of the
pension scheme.
Apart from the general CSR policy, initiatives at
Industriens Pension are also based on a range
of other policies, and the combination of these
policies ensures a high degree of CSR.
Tax policy
Our tax policy describes Industriens Pension’s
position in the tax area and aims to ensure that
we manage all areas involving tax responsibly:
in our role as a company, as an employer and as
a professional investor.
Policy on responsible investment and active
ownership
This policy sets the framework for Industriens
Pension’s work on responsible investment,
including active ownership. The policy applies to
investments in all classes of assets, including
shares, corporate bonds, government bonds
and unlisted investments. The policy applies to
direct as well as indirect investments, and to
internal as well as external portfolio managers.
Pay policy
A pay policy has been drawn up covering all
employees and members of the Board of
Directors, and stipulating specific terms and
conditions for members of the Board of
Directors, the Board of Management and
employees engaged in activities which
significantly influence the risk profile of
Industriens Pension.
Policy on measures to prevent money
laundering and terrorist financing
This policy establishes Industriens Pension’s
overall strategic goal to prevent the company's
activities in connection with life-assurance
services from being used for money laundering
or terrorist financing.
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