The ESG Fund Rating to change in some of OP’s mutual funds

Since 10 March 2021, the EU’s Sustainable Finance Disclosure Regulation (SFDR) has obliged asset managers to rate financial products according to the ESG level (Article 8 and Article 9), on the basis of which more rigorous disclosure and reporting obligations will apply to these ESG-rated funds at the beginning of 2023.

In some of our funds, we have changed the texts in the fund’s rules describing the environmental and social characteristics (ESG). All changes have been made to section 3 of the funds’ rules (Investing fund assets).

How responsible investment is taken into account in OP’s funds?

The majority of OP’s funds are subject to an ESG analysis that can be found in the monthly review of the fund concerned. Responsibility is taken into account in funds by examining ESG factors, that is to say, environmental, social and governance issues in our active direct investments.

Compared with OP Asset Management’s general list of exclusions, our products compliant with the ESG Rating exclude companies even more extensively that have businesses with harmful impacts on the environment and society. In addition, the ESG factors are taken into account in the selection of investments by attaching weight, for example, to companies which take ESG issues into account better than their peer companies.

OP-Climate and OP-Clean Water funds and the OP-Forest Owner special common fund invest in companies that produce a positive impact on the environment and/or society and human wellbeing.

You can read more about responsible investment on our website:

Responsible investment – Read more about ESG investment | OP

Below is a list of the funds whose rules were updated: