Active ownership is a powerful way to protect shareholder value, enhance long-term returns and foster positive change. We do this by exercising our formal voting rights as well as proactively engaging with companies and encouraging them to improve their management systems and ESG performance.
Source: Nordea Asset Management Responsible Investments Report 2022
Engaging with pharmaceutical companies to address the role they play in India’s water pollution crisis
Key points
The death toll related to antimicrobial resistance (AMR) is estimated to reach 10 million people annually by the year 2050
Pharma pollution in India has been identified as a major contributor to the problem
NAM initiated a long-term engagement with pharma companies based in India that we are invested in
We issued two reports exposing the extent of pharma pollution in India
As a result of our engagement, the PSCI developed an action plan to address the problem
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