Tryg as a
responsible company

Tryg’s procurement decisions have environmental, social and economic impacts. As a large buyer with a significant annual purchasing volume, we commit to contribute to sustainable development by collaborating with suppliers who share our values. Sustainability is an integral part of our sourcing and procurement processes to safeguard that we can uphold our commitment through the products and services we purchase and contractual agreements we make.

As a signatory member of the UN Global Compact we expect our suppliers and partners to, as a minimum, adhere to the principles that are outlined in our Supplier Code of Conduct. We evaluate our suppliers’ sustainability compliance and performance via our supplier collaboration platform and give advantages to the suppliers that perform well. We believe the most impactful way to achieve sustainable development, together with our suppliers and partners, is to engage in a close dialogue and support each other in doing more.

At Tryg, we want to ensure that our assets are invested in a responsible manner and that investments are conducted in accordance with our values. This is insured through our investment policy, regularly ethical screenings and active ownership.

Tryg's investment portfolio is split into two portfolios: a match portfolio and a free portfolio. Tryg’s investment activities are outsourced to external portfolio managers who are required to be UN PRI signatories

As a responsible investor, we want to reduce our carbon footprint from our investment portfolio. Therefore, we will prioritise investments in companies that are contributing to or show willingness to participate in the transition to a low carbon economy. We have set targets to reduce the carbon intensity from our equity portfolio by 50% and divest all our investments in fossil fuel production companies with no strategy for a green transition by 2030.

Being a diverse and inclusive workplace is an important priority to Tryg. We believe that diversity of thought is a key element to our future success, and we want to reflect the society that we are part of.  Therefore, we focus on attracting a diverse pool of employees and leaders from different backgrounds and with different skills and experience to match the changing needs of our customers and society.

We believe that diverse management teams make better decisions and are more innovative and we are dedicated to increase diversity in our leadership teams on three parameters: gender, age and industry-/experience.

For several years, Tryg has had a strong focus on increasing the gender balance in management positions. To attract, hire and retain female leaders as well as increase diversity in management teams, we focus on eliminating bias in recruitment and HR processes.

At Tryg we cherish an inclusive and equal culture that fosters flexibility and work-life balance. Therefore, we urge not only our female employees, but also our male employees, to make use of our favourable paternity leave conditions.