Engaging with companies
We meet the companies in the fund regularly to promote good corporate governance, sustainable business models and responsible business practices.
Our investment and active ownership teams discuss a wide range of topics material to long-term value. The aim is to contribute to improved value creation and reduced risks.
The size of our investments gives us access to board members, senior management and specialists at companies. Our dialogue with them helps us understand how the companies are run and how they address sustainability-related risks and opportunities. We discuss topics such as financial performance, market developments, board responsibilities, equitable treatment of shareholders and sustainability. We also encourage better corporate reporting.
As a shareholder in about 7,201 companies, we have to prioritise which companies we engage with. We prioritise topics carefully, and raise those that appear to be most financially relevant to the companies, given their governance, location, sector and business model.
We want to understand
- how the companies are run
- how they address sustainability-related risks
- sustainability-related opportunities
Companies often reach out to us as part of their annual shareholder interaction, or ahead of their annual shareholder meeting, to discuss executive remuneration or other items submitted for shareholder approval.
In 2025, we held a total of 3,198 meetings with 1,341 companies on topics material to long-term value creation. During these conversations, we communicate our views while gaining insights from the companies that inform our investment and ownership decisions. The topics range from performance and market developments to corporate governance and sustainability.
3,198
meetings with 1,341 companies in 2025
When we want to discuss specific issues with companies, our dialogues take a targeted form where we follow up governance and strategy through:
- Strategic board dialogues where we meet the boards of the largest companies in the portfolio with the aim of enhancing our understanding of the company. In meetings at board level, we prioritise strategic topics that are important for long-term value creation, both for the companies’ and the fund.
- Net zero dialogues where we engage with the companies with the largest emissions and support them on their pathway to net zero.
- Risk-based dialogues where we engage with companies on sustainability risks and opportunities that can be financially material and affect the fund’s value creation. Our risk-based dialogues are a central tool to address these risks as a long-term, minority investor.
- Dialogues about ethical criteria where we assess whether our portfolio companies’ operations violate fundamental ethical norms. Based on the ethical guidelines for the fund, we engage with companies to reduce the fund’s exposure to unacceptable risks.
Our ongoing dialogues
Our goal is to promote value creation and reduce risk at the companies we invest in through active ownership. We regularly engage with our portfolio companies to better understand the risks and opportunities they face and to promote good corporate governance, sustainable business models, and responsible business practices.
Responsible investment 2025
Read more about our company dialogues in the responsible investment report.