Sustainability
Exclusion
For our discretionary managed assets, we exclude companies and countries involved in activities with high environmental, social or governance risks. As a minimum, we focus on excluding tobacco manufacturing, prohibited and controversial weapons, coal mining, oil sands, or misalignment with OECD guidelines and UNGC principles. 205 companies are currently on the exclusion list. In addition, 19 countries are on the government bond exclusion list.
We exclude investments in companies that derive significant revenues from thermal coal mining and oil sands (>20%), and apply stricter climate exclusions (coal mining >1%, oil >10%, gas >50%, carbon-intensive electricity generation >50%) for funds that have the client mandate to apply Paris Aligned Benchmark exclusion criteria.
There’s a saying in Dutch, Kom verder, it means many things and it’s our business philosophy. It captures the way we work with clients but also the way we steer our investee companies to deliver shareholder value through active engagement.
Capital at risk. The value of investments and the income from them can fall as well as rise, and investors may not get back the amount originally invested. Past performance provides no guarantee for the future.