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Landsbankinn founding member of Iceland Sustainable Investment Forum

Iceland Sustainable Investment Forum (IcelandSIF) was established in Iceland on 13 November. The aim of IcelandSIF is to promote awareness and debate about the methods of sustainable and responsible investment. Landsbankinn is one of 23 founding members of IcelandSIF.

The founding members are financial undertakings, pension funds and insurance companies that invest on own account or on behalf of third parties that operate in Iceland and support the organisation's platform. Founding members include eleven pension funds, four banks, three insurance companies, four fund management companies and one asset management firm.

A forum for learning and discussion

IcelandSIF is intended to function as an independent forum for discussion and education about responsible and sustainable investment. The organisation will as such not take a position on questions of contention in the field. The Icelandic name of the organisation is Samtök um ábyrgar fjárfestingar.

The Board of Directors of IcelandSIF is comprised of Arnór Gunnarsson, Chief Investment Officer at VÍS, Davíð Rúdólfsson, Chief Investment Officer at Gildi Pension Fund, Hrefna Ösp Sigfinnsdóttir, Managing Director of Landsbankinn Markets, Jóhann Guðmundsson, Asset Manager with the Pension Fund of Commerce, Kristín Jóna Kristjánsdóttir, Portfolio Manager at IS Funds, and Kristján Geir Pétursson, Manager of Legal Affairs at Birta Pension Fund. Hrefna Ösp is Chairman of the Board of IcelandSIF and Davíð Rúdólfsson is Vice-chairman of the Board.

Sustainable investment is more profitable

In an interview published on Landsbankinn's content and news site Umræðan, Gil Friend, a world leading expert on CSR, states that having regard for environmental, social and governance factors can boost the profitability of corporate investment.

Clear policy on responsible investment

Landsbankinn has devised a clear policy on responsible investment. The policy has regard for the United Nations' Principles on Responsible Investment (UN PRI), of which Landsbankinn is a member. The policy reflects Landsbankinn's rules on, inter alia, risk appetite, large exposures and maximum aggregate risk, operational risk, reputational risk, liquidity risk and good corporate governance.

More about the Bank’s policy on sustainable investment (icelandic)

News and Notifications - 09 July 2018 10:25 AM

Icelandic Economic Weekly: Monday 9 July 2018

According to preliminary figures the deficit on trade in goods was ISK 20.9bn. The CBI released its quarterly Economic Indicators.


Vikubyrjun/Weekly bulletin - 02 July 2018 11:52 AM

Icelandic Economic Weekly: Monday 2 July 2018

The CPI based on prices in mid-June rose 0.62% MoM, well above expectations. The CBI released the minutes of the last meeting of the MPC.


Hagsjá/Economic Forecast - 27 June 2018 01:13 PM

Overview of the Icelandic FX market

After floating between 121-125 for most of this year, the EUR/ISK rate rose temporarily above 125 a week ago. At closing yesterday a EUR cost ISK 124.9. FX market turnover in May was only ISK 7.4 billion, compared to ISK 30.3 billion in the same month last year. Turnover during the first 5 months of this year has fallen by 80% YoY.