Finland’s largest pension provider, Keva (previously named the “Local Government Pensions Institution”) administers the pensions of the local government, the State, the Evangelical Lutheran Church and Kela, the country’s Social Insurance Institution. As at December 31, 2019, Keva had € 56.2 billion ($US 62 billion) of assets under management.
As a UN PRI signatory, Keva integrates environmental, social and governance (ESG) criteria to support its traditional investment analysis. Additionally, they apply norms-based screening on the UN Global Compact and the ILO Labour Conventions. With regards to Active Ownership, Keva engages with peers through the CDP’s Non-Disclosure Project, Climate Action 100+ and an initiative to persuade G20 countries to mitigate Climate Change.
Responsible Investment Beliefs
Responsible Investment by Asset Class
Keva’s Responsibility KPIs 2019