Integration of sustainability risks in the remuneration policy
At PFA, remuneration (together with other employment terms) should reflect the customers’, the PFA Group’s and the company’s interests and promote the long-term objective of creating value for customers as well as promoting sound and efficient risk management. Consequently, the PFA Group’s remuneration policy also considers sustainability risks.
Sustainability risks are integrated in remuneration in the same way as other types of risks identified for the PFA Group. The PFA Group's general remuneration structure reflects the Group’s established strategy Commercial Responsibility 2023 through to 2023, including the overall investment and risk strategy and identified risks such as operational, market, sustainability and reputational risks.
Sustainability risks are also incorporated as an integral part of the policy for active ownership and responsible investments, which the relevant business units of the PFA Group are liable to comply with. Compliance with the PFA Group’s guidelines are, together with the other employment terms, an important part of the remuneration principles in the PFA Group. The level of importance which should be attached to the sustainability risks as part of the remuneration policy will depend on the business area of the individual business unit.