Avanza Bank strives to ensure the highest possible quality and relevance in our sustainability processes when developing new services. Avanza Bank has chosen not to currently consider the principal adverse impacts (PAI) of investment decisions on sustainability factors within its portfolio management. The reason is that the service is new and provided to a very limited client base. Avanza Bank’s existing sustainability processes are deemed appropriate and proportionate at this stage. We are actively working to develop and deepen our sustainability analyses and processes within the bank. Avanza’s ambition is to investigate the possibility of considering the principal adverse impacts of investment decisions on sustainability factors within the service during 2026.
A sustainability risk refers to an environmental, social, or governance (ESG) event or condition that, if it occurs, could have an actual or potential material negative impact on the value of the investment. The value of a portfolio’s holdings may be adversely affected by sustainability risks related to fines, reduced demand for products and services, or reputational damage. A sustainability-related event can affect an individual investment, a broader economic sector, or a geographical region, which in turn can impact the value development of a portfolio.
Avanza Bank has established minimum sustainability requirements for its portfolio management. These minimum requirements apply to equity investments made within the framework of the portfolio management and will apply regardless of the client's personal sustainability preferences. This means that Avanza Bank chooses not to invest in companies with revenue from activities that Avanza Bank assesses to be associated with significant sustainability risks and/or are assessed to have a significant negative impact on the climate and society. Avanza Bank has set thresholds for these minimum requirements and monitors semi-annually that the companies in the portfolios comply with Avanza Bank’s minimum requirements.
In cases where funds are included in the portfolio management, Avanza Bank will ensure that these at least meet the criteria for so-called Article 8 funds under the EU Sustainable Finance Disclosure Regulation (SFDR). This means that the funds promote environmental and/or social characteristics.
Through the measures established by Avanza Bank for sustainability in portfolio management, Avanza Bank has assessed that sustainability risks are limited while the conditions for achieving higher returns are improved.
Avanza Bank has outsourced the management of the portfolios to Avanza Fonder. The Board of Directors of Avanza Fonder has adopted a Remuneration Policy common to the Avanza Group. The Remuneration Policy is established to encourage good performance while being designed to counteract excessive risk-taking, regarding both financial risks and sustainability risks, which is inconsistent with the established risk profiles for Avanza Fonder’s managed funds and discretionary portfolios. This is intended to counteract conflicts of interest and promote sound and effective risk management. The remuneration system is designed in accordance with Avanza Fonder’s goals, values, and long-term interests. Employees within Avanza Fonder receive only fixed remuneration.
Avanza Bank’s portfolio management takes place within endowment insurance provided by Avanza Pension. This means that the financial instruments included in the portfolio management are held by Avanza Pension. Avanza Pension acts as a passive owner and shall not:
a) accept participation in boards of directors, nomination committees, other corporate bodies, or other positions of trust,
b) exercise its voting rights at general meetings or in other contexts,
c) authorize a third party, including policyholders, to represent Avanza Pension as an owner or owner representative,
d) take any active part in ownership issues, management issues, governance issues, or act as a spokesperson for its own or others' opinions or views, or
e) otherwise exercise active ownership.
In view of the above, Avanza Bank has not adopted any principles for shareholder engagement regarding shares in clients' portfolios beyond what follows from the portfolio management assignment regarding participation in new issues, redemptions, share buybacks, public offers, or similar corporate actions and measures.
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The information on this page was published 2026-01-26. |
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