Sampo Group has measured the impact of its investment portfolio using Upright’s methodologies
Sampo Group has conducted two portfolio impact assessments using Upright’s methodologies. The aim of the assessments was to measure the impact of Sampo Group’s investments on the UN Sustainable Development Goals (UN SDGs) and examine the net impact profile of the investment portfolio. The assessments included Sampo plc, If, Topdanmark, Hastings, and Mandatum’s investments as at 31 December 2021.
Portfolio alignment with the UN SDGs
Uprightʼs UN SDG contribution data is based on the alignment of a company’s products and services with the 17 UN SDGs. In assessing the SDG contribution for a single company, each of the company’s products and services are evaluated against the 169 targets (subgoals) under the 17 SDGs, focusing on those applicable to companies.
The methodology captures both positive and negative impacts for each SDG. Sampo Group’s analysis includes four levels of alignment with the SDGs: strong alignment, alignment, misalignment, and strong misalignment. Strongly aligned products have a clear direct impact on the SDG, whereas aligned products have a lesser direct or indirect impact on the SDG.
According to the assessment, the investments support especially SDGs 9 (industry, innovation, and infrastructure), 8 (decent work and economic growth), and 11 (sustainable cities and communities).
Portfolio impact on the UN Sustainable Development Goals, Sampo Group, 31 December 2021
Net impact profile of Sampo Group’s investments
The net impact of a company is the net sum of costs and benefits that the company creates. The Upright net impact model measures positive and negative net impacts in four dimensions: environment, health, society, and knowledge. The model collects information on the impacts of all products and services from scientific literature and public statistical databases.
According to the assessment, the net impact profile of Sampo Group’s investments is positive. The investee companies contribute to society through job creation, taxes, and societal infrastructure. On the negative side, they use scarce human capital in the form of highly skilled employees, generate emissions, and produce waste.
Net impact profile of investments, Sampo Group, 31 December 2021
