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Environmental management and purchasing

We have done a great deal of work in environmental management, have set a long-term carbon reduction target and offset all our emissions. Meanwhile, we also factor in sustainability when selecting our suppliers.

Environmental management

Van Lanschot Kempen’s environmental management isn’t just geared towards improving processes and systems, but also seeks to change the awareness and behaviour of individual employees. In the past few years, much has been achieved on both points. To ensure that we continue to focus on what matters most, in 2019 we quantified a comprehensive carbon footprint in keeping with the Greenhouse Gas Protocol.

Our carbon footprint shows up areas of significant emissions and helps us to identify carbon reduction measures. At Van Lanschot Kempen, the biggest causes of carbon emissions were lease cars, business air travel and heating.

Carbon reduction targets

We aim to cut our carbon emissions per FTE by an average 2.5% a year in the 2018-2025 period.

Carbon reduction measures

We made a clear contribution towards a carbon neutral economy in the 2011-18 period, 2019 itself was a year with a decrease in our absolute carbon emissions to 4,220 tonnes (2018: 4,680 tonnes). Further details on the carbon emissions per sector and the carbon reduction measures adopted can be found in the documents below.

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Previous years

Task Force on climate-related financial disclosures

The FSB has established the Task Force on Climate-related Financial Disclosures (TCFD), which aims to develop climate-related disclosures that can promote more informed investment, lending and insurance underwriting decisions; and enable stakeholders to better understand the concentrations of carbon-related assets in the financial sector.

In 2017, TCFD published a report giving its recommendations and advised all organisations with public debt or equity to implement these. We analysed these TCFD recommendations and found that we met most of them. Recommendations not yet implemented were taken up. In the accompanying document an overview of how we have implemented all TCFD recommendations can be found.

Purchasing

Since 2009, all purchasing processes above €10,000 in which the group-wide Purchasing, Contract Management & Facilities Service Centre is involved, have been subject to specific sustainability monitoring. In 2015 we incorporated our responsible purchasing policy within a broader framework, the business partner due diligence (BPDD) policy, which applies to all our divisions. The BPDD policy ensures that we only work with business partners which meet our integrity and CSR standards. It is used to analyse and manage risks prior to and during collaboration. A supplier’s statement enables us to identify the stability, country, industry, integrity, reputation and other risks associated with a business partner. We do not enter into relationships with business partners that fail to satisfy the BPDD policy.

In 2017, we have embarked on the further development of the parameters and criteria on the basis of which suppliers are assessed. For reasons of consistency, we have been using (parts of) the risk filter of our CSR lending policy for this purpose. This approach has created a more detailed picture, especially of potentially negative issues in the supply chain of our suppliers. In 2018, we set up a supplier portal to automate parts of our BPDD process, and in 2019 this was implemented for most suppliers. In addition to this we also extended our procurement training for Van Lanschot Kempen employees. The internal “Procurement 4 non Procurement” training, which is aimed especially at employees who are regularly involved in procurement, was extended with an additional e-learning training module.

Purchasing conditions