Aside from the specific return target, the ESG profile of the mandate should also better than that of the benchmark (MSCI ACWI). The mandate not only contributes to the realisation of the Sustainable Development Goals (SDGs), but simultaneously mitigates the negative impact on the planetary boundaries (Stockholm Resilience Centre).
Monique Jager-Smeets (Board member and chair of the Investment Committee), on behalf of KAS BANK Pension Fund: "The investment approach we've chosen for the global equity mandate perfectly matches our investment belief of combining multiple instruments within a sustainable investment policy. This means that, as well as exclusion, we also consciously invest in companies that would like to have a positive impact. Moreover, at KAS BANK Pension Fund we carefully consider not only the financial returns, but also the possible negative consequences of our investment policy on society and the environment associated with the activities of the companies we invest in."
Hans van Houwelingen, CEO at ACTIAM: "We are delighted that KAS BANK Pension Fund has appointed ACTIAM. We are seeing an increasing demand for investment solutions that have a multidimensional approach to sustainable investment. In this regard, it is essential not only to use data to understand current business operations, but also to apply data to make investments that are future-proof."
About KAS BANK Pension Fund
KAS BANK Pension Fund, which has € 381 million assets under management (at the end of July 2019), administers KAS BANK's pension scheme. This means, among other things, that KAS BANK Pension Fund is responsible for investing the pension contributions of the employer and the employees, but also for timely and accurate communications and for paying out all the pensions. KAS BANK Pension Fund ensures that the pension scheme is administered diligently for all former and current scheme members and for pension beneficiaries and strives to administer a simple, future-proof and feasible pension scheme in a cost-efficient manner.