Mandatum is committed to developing the sustainability of the Group’s operations and related reporting, targets, and their monitoring in accordance with the interests and expectations of the Group’s external and internal stakeholders.

Mandatum plc’s Board of Directors has the responsibility for and ultimate oversight of Group-level sustainability. The Board of Directors has appointed an Audit Committee whose duties include supervising Mandatum Group's sustainability reporting and other sustainability activities.

The main responsibility for sustainability management rests with the Group CEO, who, together with the Management Team, leads the strategic implementation of sustainability. The Group's SVP for Communications, Brand, and Sustainability is in charge of Group-level sustainability and ensures sufficient reporting on the Group's sustainability issues to the CEO.

Mandatum has a Sustainability Committee for senior management that promotes and manages Group-level sustainability in accordance with the strategy. The company also has a Sustainability Forum tasked with developing and coordinating the Group’s sustainability work at the operational level.

Responsibilities and division of duties in responsible investment

Mandatum Asset Management’s ESG Committee is responsible for the coordination and development of responsible investment and for outlining related operating methods throughout the organisation.

The responsibilities and division of duties in responsible investment at Mandatum are described in the table below.