Storebrand Group is a leading institution in the Nordic market for long-term savings and insurance. Storebrand manages more than NOK 962 billion (€94.6 billion) and is Norway's largest asset manager. 

Storebrand follows the Treaty on the Prohibition of Nuclear Weapons (TPNW), which “not only provides a clear definition of nuclear weapons but also prohibits the development, testing, production, stockpiling, stationing, transfer, use and threat of use of nuclear weapons, as well as assistance and encouragement to the prohibited activities. For nuclear armed states joining the treaty, it provides for a time-bound framework for negotiations leading to the verified and irreversible elimination of its nuclear weapons programme.”

Storebrand Group’s investment policy, the “Storebrand Standard” states that the group “will not invest in companies involved in the development and/or production of controversial weapons; testing of controversial weapons; production of components to be used exclusively for controversial weapons; or stockpiling and/or transfer of controversial weapons. This criterion includes but is not limited to landmines, cluster munitions, nuclear, biological and chemical weapons.”

Storebrand Group joined the Open Statement to the Second Meeting of States Parties to the UN Treaty on the Prohibition of Nuclear Weapons.