DNB Technology

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LU0302296495

Issuer DNB Asset Management AS
Fund provider DNB Asset Management AS
Fund type/Asset class Equity fund
Legal form SICAV
Fund issue date 16/08/2007
Last Update 30.05.2024
Benchmark MSCI World Communication Services & Information Technology (RIN)
Tranche Private Investors Institutional Investors foundations

Risk Indicator (PRIIP)
4 of 7

Licensed in
D, A, CH, LU

Classification by SFDR
Article 8

EU Taxonomy
- Anchorlink to data availability

% of Sustainable Investments according to SFDR
-

Principal Adverse Impacts

PAI PAI

Greenhouse Gas Emissions

PAI

Water

PAI

Waste

PAI

Biodiversity

PAI

Energy Efficiency and Fossil Fuels

PAI PAI

Social and Employee Matters

Sustainable Development Goals

No explicit details regarding the Sustainable Development Goals

Normal allocation

Equities 80 % to 100 %
Bonds Excluded
Money market/Bank deposits 0 % to 20 %
Commodities Excluded
Direct investments 0 %
Derivatives 0 %
Other -

Sustainability approach

Principal Adverse Impacts
Greenhouse Gas Emissions Social and Employee Matters
Further remarks on the consideration of SDGs -
Rationale behind classification according to SFDR Article 8 The fund promotes the following characteristics: - Environmental characteristics which include reduction of GHG emissions and environmental responsibility. - Social characteristics which include labour rights, human rights, public health, inclusive employment, community engagement and supply chain responsibility. Environmental and social (E/S) characteristics are promoted by investing in line with the DNB Group Instructions for Responsible Investments (Group Instructions). This involves the exclusion of companies that violate our product and norm-based criteria, including human rights and employee rights, and cause significant environmental damage. The fund does not invest in companies that are in breach of the UN's Global Compact and the OECD's guidelines for multinational companies , companies that derive a large part of their income from the extraction of oil sands and/or thermal coal or base a large part of their business on thermal coal, or companies with exposure to controversial weapons. The fund excludes companies that produce cannabis for recreational use, tobacco and pornography. The fund does not use a benchmark that is aligned with the environmental and social characteristics promoted by the fund.
Engagement Both internally and externally Externer Link Link to engagement policy
Voting Both internally and externally Externer Link Link to voting policy
Best-in/of-Class No
ESG-Integration Yes Emphasis is placed on environmental, social and governance (ESG) factors in the investment process. The Investment Manager considers ESG risks and opportunities as part of the valuation of the companies where the Sub-Fund is investing in. ESG data is incorporated into the Investment Manager’s portfolio management systems and is available to all of investment professionals. Our portfolio managers use this data in their company risk assessments, financial modelling, and investment decision making. The availability of this data in the front office system also often acts a flag for the portfolio managers, triggering further investigation and discussion with the Investment Manager responsible investment team regarding potential risks and opportunities and the financial effect from this. These discussions may trigger actions such as further investigation, engagement in dialogue with the company, or impact on the investment decision.
Norm-based screening
UN Global Compact ILO core labour standards OECD Guidelines for Multinational Enterprises Implementation of TCFD
Other Ottawa Convention
Themes
-
Der Schwerpunkt liegt auf Anlagen in Aktien von Unternehmen aus den Sektoren Technologie, Medien und Telekommunikation oder Unternehmen, die diesen Sektoren nahestehen.
Impact Investing
-
Further information on the sustainability approach Die von DNB AM verwalteten Vermögen werden ausnahmslos nach ethischen, ökologischen Kriterien verwaltet. Ein spezielles Anlagekomitee ist für die DNB-weite Umsetzung / Überwachung der ethischen Anlagerichtlinien verantwortlich. Die in die Analyse einfließenden Daten, die Grundlagen für die Entscheidungsfindung erhält das Komitee von unseren spezialisierten SRI-Analysten. Darüber hinaus greifen wir auch auf externe Berater mit entsprechenden Spezialkenntnissen zurück.

Research and Transparency

In-house sustainability analysis Yes, 6
Research partners Yes ISS, Bloomberg, S&P, MSCI ESG Research and Sustainalytics. Additional external resources include the SASB Framework and database, sell-side research, media, industry reports, Non-Governmental Organisation (NGO) reports and meetings, and CDP.
Percentage of portfolio with sustainability analysis 100 %
Strategically important suppliers included No
Sustainability advisory committee Advisory https://www.dnb.no/portalfront/nedlast/en/about-us/Responsible_Investment_Committee_-_mandate.pdf
Analysis of portfolio CO2 Yes, backward-looking indicator https://www.dnb.no/portalfront/nedlast/en/about-us/Reporting/2020/Carbon_Footprint_of_Mutual_Funds_2020.pdf
Sustainability reporting Yes https://www.dnb.no/en/about-us/csr/sustainability-library.html
At least monthly portfolio publication Yes
Certification/Label awarded by independent auditors
-

Environmental

Exclusion of sectors / areas of business – companies

Fossil fuels (Coal, Oil and Gas) Yes 30 % Turnover threshold
Nuclear power (operation and components) Yes 30 % Turnover threshold
Green genetic engineering N/A
Chlorine and agrochemicals (biocides) N/A
Other -

Exclusion of business practices – companies

Environmentally damaging behaviour Yes
Damage to biodiversity No
Other -

Exclusion criteria – countries

Non-ratification of the Paris Climate Agreement No
Non-ratification of the Protocol on Biosafety No
Non-ratification of the UN Biodiversity Convention No
Nuclear power by proportion of gross energy production No
Other -

Social

Exclusion of sectors / areas of business – companies

Weapons/Armaments No
Cluster bombs and anti-personnel mines Yes
Weapons of mass destruction (ABC/CBRN) Yes
Tobacco products Yes
Pornography Yes
Spirits/Alcohol No
Gambling No
Other -

Exclusion of business practices – companies

Labour rights (ILO core labour standards) No
Exploitative child labour Yes
Violation of human rights Yes
Animal testing No
Other -

Exclusion criteria – countries

Labour rights No
Violation of human rights No
Military spending as a percentage of GDP No
Death penalty, torture No
Countries classified by Freedom House as not free No
Violations of the Nuclear Non-Proliferation Treaty No
Violations of other non-proliferation treaties No
Other -

Governance

Exclusion of business practices – companies

Corruption and bribery Yes
Tax: planned avoidance & detected violations Yes
Other -

Exclusion criteria – countries

Corruption No
Other -

More on data availability

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  1. EU Taxonomy
    It is possible that reported KPIs for taxonomy eligibility and alignment (being limited to corporate issuers / including only selected economic activities) are low or that KPIs cannot be reported due to limited data availability. Data may be available with a time lag. Data comparability may be limited due to differences in the scope of the economic activities considered. As soon as data is available in sufficient quantity and quality, it will be published in accordance with regulatory requirements.

FNG-Sustainability profiles disclaimer

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  1. Bei den vorstehenden Angaben im Rahmen der FNG-Nachhaltigkeitsprofile  handelt es sich lediglich um Zusammenstellungen, Übersichten oder Sortierhilfen, die vom Forum Nachhaltige Geldanlagen e.V. wertungsfrei bereitgestellt werden.  
  2. Es wird ausdrücklich darauf hingewiesen, dass das Forum Nachhaltige Geldanlagen e.V. weder die Richtigkeit und Vollständigkeit noch die Plausibilität der in den FNG-Nachhaltigkeitsprofilen enthaltenen Angaben überprüft hat. Diese Angaben beruhen ausschließlich auf den von den jeweiligen Anbietern bereitgestellten Daten, auf die das Forum Nachhaltige Geldanlagen e.V. keinen Einfluss hat.
  3. Die Aktualität der eingegebenen Daten richtet sich nach dem im FNG-Nachhaltigkeitsprofil des jeweiligen Produkts angegebenen Aktualisierungsdatum, wiedergegeben ist also der Stand zu diesem Datum. Im Zweifel sind die bei der jeweiligen KVG hinterlegten Daten als aktuell zu betrachten. Das Forum Nachhaltige Geldanlagen e.V. hat darauf jedoch keinen Einfluss und kann daher keine Gewähr für eine jederzeitige Aktualität übernehmen, da die FNG-Nachhaltigkeits-Inhalte von den Anbietern selbst zu befüllen und ggf. zu aktualisieren sind.
  4. Die in den FNG-Nachhaltigkeitsprofilen bereitgestellten Informationen stellen keine Anlageempfehlungen dar. Sie dienen lediglich Informationszwecken zu bestimmten Nachhaltigkeitsaspekten und können weder eine fachgerechte Anlageberatung noch eine qualifizierte Produktaufklärung ersetzen. Es wird daher empfohlen, vor Kauf oder Verkauf der in den FNG-Nachhaltigkeitsprofilen aufgeführten Anlageprodukte die Dienste eines professionellen Anlageberater in Anspruch zu nehmen und die vollständigen Verkaufsunterlagen (insbesondere Verkaufsprospekt) des jeweiligen Anlageprodukts aufmerksam durchzulesen. Insoweit wird ergänzend darauf hingewiesen, dass Anlageprodukte generell mit Verlustrisiken bis hin zu einem Totalverlust behaftet und auch in der Vergangenheit erzielte Gewinne kein zuverlässiger Indikator für zukünftige Ergebnisse sind.