Storebrand ASA
Industry Group: Insurance
Country/Region: Norway
Identifier: OSL:STB
Storebrand ASA is a Nordic long-term savings and insurance company. The business is divided into four segments savings, insurance, guaranteed pensions, and others. The savings segment includes products for retirement savings with no interest rate guarantees which defined contribution pensions in Norway and Sweden, asset management, and retail banking products. The insurance segment provides risk products in Norway and Sweden, it provides health, property and casualty, personal risk products, and others. The Guaranteed Pension business area encompasses long-term pension savings products that give customers a guaranteed rate of return. Other segment consists of other companies within the Storebrand Group, including smaller subsidiaries of Storebrand Livsforsikring and SPP.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Insurance 64 out of 299
Universe
Global Universe 3470 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Storebrand ASA |
18.5
Low
|
64 out of 299 |
Max Financial Services Ltd. |
25.3
Medium
|
179 out of 299 |
American National Group, Inc. |
25.9
Medium
|
186 out of 299 |
China Taiping Insurance Holdings Co., Ltd. |
30.2
High
|
251 out of 299 |
The Company for Cooperative Insurance |
30.6
High
|
255 out of 299 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Storebrand ASA's Exposure is Medium
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Storebrand ASA's Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for Storebrand ASA
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What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Storebrand ASA's ESG Risk Rating in the last three years
Highest Controversy Level