Sustainability
Sustainability is an integral part of Cubera’s investment approach. We embed ESG considerations across our strategies to support responsible ownership, long-term value generation and risk-adjusted returns
ESG Policy
Sustainable Finance Disclosures
Cubera is a subsidiary of Storebrand Asset Management (SAM), and is subject to the group’s policies on sustainable investments. For more info:
Commitments and Affiliations
Cubera is a signatory of the Principles for Responsible Investing (PRI). Cubera is a member of the ESG Data Convergence Initiative (EDCI) and Initiative Climat International (iCI). Cubera is also a proud member of the Level 20 initiative to promote gender diversity in the private equity industry.
Read more on EDCI and Level20.
Other Disclosures
Remuneration Policy
Cubera Private Equity AS (“Cubera”) has adopted a remuneration policy in accordance with Section 3-6 of the Norwegian Alternative Investment Fund Managers Act (AIF Act), the related regulations, and Directive 2011/61/EU (AIFMD). The policy is also consistent with the integration of sustainability risks into the investment decision-making process, pursuant to the Norwegian Sustainable Finance Act (Lov om bærekraftig finans) and the Sustainable Finance Disclosure Regulation (SFDR).
The remuneration policy aims to support Cubera’s objectives relating to business and financial performance, ESG and sustainability, and ultimately the goal of delivering long-term value to investors and shareholders.
Total remuneration consists of a combination of fixed salary, variable compensation, and employee benefits. The composition of each employee’s total remuneration is based on the employee’s position, responsibilities, skills, and performance. When assessing individual performance, both financial and non-financial criteria are taken into account.
Non-financial criteria include, but are not limited to, an assessment of the individual’s performance with respect to:
-How the individual integrates sustainability risks into investment decisions; and
-The extent to which the individual promotes and adheres to the principles set out in Cubera’s internal responsible investment policies in the management of the portfolio, thereby reducing sustainability risks and contributing to Cubera’s sustainability objectives.
Further details regarding ESG matters are set out in Cubera’s ESG Policy. The level, range, and composition of each employee’s total remuneration are established as part of the employee’s recruitment process and are subject to annual review by management.
Value beyond return