The Van Lanschot Kempen website uses cookies to enhance the way it functions, for session tracking and for logging statistics. If you continue browsing our site, you agree to our use of cookies. Read more about Van Lanschot Kempen and cookies.

 
NL EN

Policy

Our corporate social responsibility policy covers four focus areas:

  1. Core banking activities
  2. Employees
  3. Environmental management and purchasing
  4. Social engagement


Van Lanschot Kempen’s Statutory Board has established key performance indicators (KPIs) for these four focus areas, embedding our CSR policy and making progress and performance measurable and verifiable.

We derive the input for our policies from the dialogue with our stakeholders and from external guidelines. This page has more.

CSR – how it’s organised at Van Lanschot Kempen

A range of committees, departments and officers are involved in corporate social responsibility at Van Lanschot Kempen, ensuring that policies are disseminated and enforced. This document provides a brief summary of these committees, departments and officers.

Value creation

In the past few years, the issue of value creation has gathered momentum on the back of such international frameworks as GRI and IIRC. In response, Van Lanschot Kempen has designed a figure capturing the mechanics of its value creation process, which you’ll also find in our 2017 annual report on pp. 12.

Stakeholder dialogue

The dialogue with our stakeholders is a key driver of our corporate social responsibility policy, as we can only truly take into account our stakeholders’ interests if we know what those interests are and what our stakeholders expect from us.

Our dialogue with stakeholders is also incorporated in our strategy and the Bankers’ Promise, which all Van Lanschot employees signed at the beginning of 2015.

2017 stakeholder event

On 3 November 2017, we held our seventh annual Van Lanschot stakeholder event. You can download a brief summary here (in Dutch only).

External guidelines

Our own core values and stakeholder dialogue prompted Van Lanschot Kempen to become a signatory to five international sets of corporate social responsibility principles, committing us to incorporate key environmental, social and governance (ESG) themes – human rights, labour standards, environment, anti-corruption – in our company processes and also to engage our stakeholders on these themes where possible and pertinent.

A brief summary of the principles and guidelines we have committed to:

UN Global Compact

The United Nations Global Compact charter comprises ten universal principles for companies addressing human rights, labour standards, the environment and anti-corruption. These principles are derived from the Universal Declaration of Human Rights, the guidelines of the International Labour Organisation (ILO), the Rio Declaration on Environment and Development, and the UN Convention against Corruption.

Principles for Responsible Investment

The Principles for Responsible Investment (PRI) provide a framework for incorporating environmental, social and governance criteria in Van Lanschot’s investment policy. By signing these principles, the bank has committed to observe these criteria when executing its investment policy.

International Labour Organisation

We endorse the principles of the International Labour Organisation (ILO), whose conventions and recommendations set down employee rights. We are committed to respect these rights in our own organisation and will engage our stakeholders on these themes where possible and pertinent.

UN Guiding Principles on Business and Human Rights (UNGP)

The Guiding Principles on Business and Human Rights (UNGP) are an instrument consisting of 31 principles implementing the United Nations ‘Protect, Respect and Remedy’ framework on this issue of human rights and transnational corporations and other business enterprises. Developed by the Special Representative of the Secretary-General (SRSG) John Ruggie, these Guiding Principles provided the first global standard for preventing and addressing the risk of adverse impacts on human rights linked to business activity, and continue to provide the internationally accepted framework for enhancing standards and practice regarding business and human rights. The United Nations Human Rights Council unanimously endorsed the UNGP on 16 June 2011.

OECD Guidelines for Multinational Enterprises (OECD GL)

The OECD GL are recommendations addressed by governments to multinational enterprises operating in or from adhering countries. They provide non-binding principles and standards for responsible business conduct in a global context consistent with applicable laws and internationally recognised standards. The Guidelines aim to promote positive contributions by enterprises to economic, environmental and social progress worldwide, and are supported by a unique implementation mechanism of National Contact Points (NCPs), agencies established by adhering governments to promote and implement the Guidelines. The NCPs assist enterprises and their stakeholders to take appropriate measures to implement the Guidelines and also provide a mediation and conciliation platform for resolving practical issues that may arise.

Statement Human Rights

As a responsible wealth manager we are committed to respect international human rights, at any time and in all different roles we fulfil. For more details, see our human rights statement below.

Statement UK Modern Slavery Act

The UK Modern Slavery Act – a British law aiming to prevent human trafficking and modern slavery – requires enterprises operating in the UK, to publish a statement explaining how they comply with this legislation. Van Lanschot Kempen is operating in the UK (via Kempen). See below our statement.

IMVO covenant

On 28 October 2016 the Dutch Banking Association (NVB), two government ministries and five civil-society organisations (CSO) signed the IMVO covenant on Human Rights (IMVO covenant). Van Lanschot Kempen also signed the covenant, as adhering party, together with thirteen other financial institutions. In the attached report we explain the objective of the covenant and how we – through our various policies - comply with its requirements.

Opportunities and threats

At Van Lanschot Kempen, we see corporate social responsibility primarily in terms of chances and opportunities, and believe CSR threats are very limited indeed, as we explain below.

Memberships

Van Lanschot Kempen is a member of:

  • The Dutch Banking Association (NVB by its Dutch acronym)
  • The Dutch Fund and Asset Management Association (DUFAS)
  • The Global Real Estate Sustainability Benchmark (GRESB)
  • The Dutch Association of Investors for Sustainable Development (VBDO by its Dutch acronym)
  • The Principles for Responsible Investment (PRI)
  • The UN Global Compact
  • The Institutional Investors Group on Climate Change (IIGCC)
  • CDP (previously the Carbon Disclosure Project)

Van Lanschot Kempen complies with:

  • The Dutch Corporate Governance Code
  • The Wolfsberg Anti Money Laundering Principles
  • The Universal Declaration of Human Rights
  • The ILO Principles
  • OECD Guidelines

Van Lanschot Kempen participates in:

  • The E-RISC Project of the UN Environment Programme Finance Initiative (UNEPFI)

Van Lanschot Kempen is partner of:

  • Business Transfer Academy (Academie voor Bedrijfsoverdracht)
  • JINC – giving youngsters a flavour of the job market and professional skills
  • Young Enterprise (Jong Ondernemen) (Bizworld/Bizwiz) – helping young people discover their inner businessperson
  • Bank voor de Klas (Week van het Geld, NVB) – financial guest classes for schools programme set up by Dutch banks
  • Giving Back – stimulating and guiding talented and ambitious school students with limited prospects to use their talents
  • IEX Scholenstrijd – investment competition for secondary school economics students
  • Basisuniversiteit – giving children opportunities to research a variety of subjects, with academics, scientists and industry experts

Van Lanschot Kempen is sponsor of:

  • The Van Gogh Museum
  • The Royal Concertgebouw
  • Van Lanschot Kempen art prize
  • Beach volleybal team Keizer/Meppelink
  • HFC Haarlem
  • Justdiggit
  • Holland Festival
  • Nereus

 

Working within the appropriate frameworks, Van Lanschot Kempen maintains contacts with regulators, including DNB and AFM, and with rating agencies. It is also a member of trade associations looking after the general interests of financial institutions and asset managers – e.g. NVB and DUFAS. We have no lobbying offices or representatives in The Hague or Brussels.