Climate and Nature report 2023 1
Climate and Nature report 2023 CONTENTS
Climate and Nature report 2023 Foreword by the CEO
Climate and Nature report 2023 We are committed to
Net Zero
Climate and Nature report 2023 Governance
Climate and Nature report 2023 Strategy
Climate and Nature report 2023 Risk management
Climate and Nature report 2023 Metrics and targets
HANDELSBANKEN FONDER – METRICS AND TARGETS 16 CON
TENTS Foreword by the CEO We are committed to Net Zero Governance Strategy Risk management Metrics and targets Nature Glossary About risk Past performance does not predict future returns. The value of the money invested in the fund can increase or decrease and there is no guarantee that all of your invested capital can be redeemed. Note that a fund with risk level 5-7 as stated in the fund’s key information investment document (KIID) can vary greatly in value due to the fund’s composition and management methodology. A summary of investors’ rights as well as a prospectus, fund rules and KIID are available for each fund at handelsbanken.se/fonder. Limitations to the method Measuring carbon footprint is complex and influenced by various parameters. We measure emissions relative to EVIC (enterprise value including cash), which is largely determined by the market capitalisation of our holdings. Carbon footprint can thus fluctuate based on how the market values a company, even if absolute emissions remain the same. We consider the entire value chain, measuring emissions in scopes 1, 2, and 3. However, data availability for value chain emissions varies among companies and markets, and there are different estimation methods when data is unavailable. The calculation is also sensitive to outliers with significantly deviating carbon emissions, which can greatly impact the results. Despite these short-term uncertainties in estimating our carbon intensity, we believe in reporting the full picture of our emissions as transparently as possible, accounting for the method and metrics used. In the long term, we are confident that our investment choices and engagement activities will guide us towards net zero.
Climate and Nature report 2023 Nature
Climate and Nature report 2023 Glossary