Kommunal Landspensjonskasse Gjensidig Forsikringsselskap (KLP) is a Norwegian mutual insurance and pension company serving municipalities, county authorities, health enterprises, and publicly owned companies. Owned by its customers, KLP provides occupational pensions, life insurance, and related financial services, and is one of the largest institutional investors in the Nordic region through its asset management arm, KLP Kapitalforvaltning.
As a long-term investor, KLP manages diversified portfolios spanning equities, fixed income, real estate (via KLP Eiendom), and infrastructure. The company applies responsible investment guidelines grounded in international standards and integrates climate and sustainability considerations into investment decisions, including active ownership, engagement, and exclusions. Its stewardship and risk assessments are relevant to capital-intensive sectors such as energy, materials, and chemicals, with a focus on decarbonization, environmental performance, safety, and governance. KLP also participates in sustainable finance initiatives, including green bonds and renewable energy investment, reflecting its role in shaping capital flows that influence industrial transition and environmental outcomes.