Below is the information acquired on STOREBRAND ASA, which is not yet included in our research perimeter.

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Last update 8 July 2023

Description of economic activities

Activities of holding companies (NACE2 6420)

The company, formerly known as Storebrand ASA, is a Norwegian firm engaged in provision of pensions, life and health insurance, banking and asset management. The company is headquartered in Oslo, Norway.The company operates business through its four main business divisions: Storebrand Life Insurance, which provides a range of pension and insurance products; Storebrand Investments, a specialty asset manager that offers a range of Norwegian, European and global equity and fixed-income products; Storebrand Bank, which offers traditional banking services (including accounts and lending) to the retail market and project financing for selected corporate customers; and Storebrand Skadeforsikring, which provides standard property and casualty insurance products to the Norwegian retail market.The company is a leading provider of financial security and financial services to both private individuals and to businesses. It serves its customers through its insurance offices, agencies and bank branches located in five geographic regions, and has a close working relationship with its former non-life branch If Skadefarsakring. Also, the company is the leading provider in the Norwegian life insurance, pensions and savings market. It administers more than 23,000 company pension plans and 3,800 life insurances.In addition, the company's International Life department primarily serves the Major Client Life and Corporate Life business areas. This department is organized into four areas: Network (multinational pooling), Nordben (risk and savings), Provident Fund (retirement savings plan for seafarers) and BUPA (health care insurance).The company aims to be the leading and most respected institution in the Nordic market for long-term savings and insurance. In 2003, the company merged with Finansbanken, a specialist bank for high net worth individuals and selected segments of the corporate market.

  • STOREBRAND ASA

  • Norway (NO)
  • Company type: Corporate
  • Parent company: N/A
  • Chief Executive Officer (CEO): Mr Didrik Oskar Munch
  • CEO Total remuneration: N/A
  • Website: www.storebrand.no

Financial data

Number of employees

2,138
1,901
1,824
1,759

Revenue 1

43
2
1
1

EBIT 1

N/A
N/A
N/A
N/A

EBITDA 1

N/A
N/A
N/A
N/A

1 numbers are in millions

  • RepRisk Indicator (last month):  17

Social dialog

  • Transnational Corporate Agreement (TCA): N/A
  • Global Framework Agreement (GFA): N/A
  • Societas Europaea (SE): N/A
  • Bangladesh Accord: N/A

European Works Councils

  • EWC: N/A

Standards and certifications

  • Global Compact:
  • › N/A
  • CDP (Carbon Disclosure Project): N/A
  • Modern Slavery Statement: N/A
  • Transparency Index: N/A
  • SA8000 Social Accountability: N/A
  • Integrated report: N/A
  • ISO26000: N/A
  • OECD Guidelines:
  • Social Development Goals (SDGs): N/A

Global Reporting Initiative certification

  • Global Reporting Initiative standards: N/A
  • Global Reporting Initiative GRI G4:
  • Link to GRI-G4 Report: N/A

Other company declarations

  • Corporate Social Responsability:
    N/A
  • Accessibility: N/A

Other resources

Policies

  • Training policy:
  • Policy to protect the right to health and safety in the workplaces where the company operates:
  • Policy to protect the right to health and safety in the workplaces in the supply chain:
  • Diversity policy:

Universal declarations

Declarations and treaties recognised by the country where the company has its registered office

  • Universal Declaration of Human Rights:
  • European Convention on Human Rights (ECHR):
  • Charter of Fundamental Rights of CDFL Workers (Strasbourg Charter 1989):
  • Charter of Fundamental Rights of the European Union EU CFR (Nice Charter 2000):
  • Treaty on the Functioning of the European Union TFEU:
  • Registered office in an OECD country:
  • ILO C029 - Forced Labour Convention, 1930 (No. 29):
  • ILO C087 - Freedom of Association and Protection of the Right to Organise Convention, 1948 (No. 87):
  • ILO C098 - Right to Organise and Collective Bargaining Convention, 1949 (No. 98):
  • ILO C100 - Equal Remuneration Convention, 1951 (No. 100):
  • ILO C105 - Abolition of Forced Labour Convention, 1957 (No. 105):
  • ILO C111 - Discrimination (Employment and Occupation) Convention, 1958 (No. 111):
  • ILO C138 - Minimum Age Convention, 1973 (No. 138):
  • ILO C182 - Worst Forms of Child Labour Convention, 1999 (No. 182):

Directives applied in the company offices in EU 27

  • D. 80/987/EEC: N/A
  • D. 89/391/EEC: N/A
  • D. 98/59/EC: N/A
  • D. 2000/43/EC: N/A
  • D. 2000/78/EC: N/A
  • D. 2001/23/EC: N/A
  • Council D. 2001/86/EC: N/A
  • D. 2002/14/EC: N/A
  • D. 2002/73/EC: N/A
  • Council D. 2003/72/EC: N/A
  • EP and Council D. 2005/56/EC: N/A
  • D. 2009/38/EC: N/A
  • D. 2004/25/EC: N/A
  • D. 2011/35/EU: N/A

Presence in main rankings

  • Global 100 Most Sustainable Corporations: N/A
  • Global CSR Rep Trak 100: N/A
  • BrandZ Top 100 Most Valuable US Brands:
  • The Worlds Best Multinational Workplaces: N/A
  • The Gartner Supply Chain Top 25: N/A
  • The Worlds Most Innovative Companies: N/A
  • The Diversity Inc Top 50 Companies: N/A
  • Best Global Websites: N/A
  • Green Ranking Global Top 500: N/A
  • Green Ranking Global Top 100: N/A

Reference trade unions