Each quarter, we publish a report about our sustainability policy on our website. This time, the report deals with the last quarter: Q1 2024.

The attached memo (in Dutch) explains what we achieved last quarter:

• How much the Pension Fund invested in various impact bonds. Here, we distinguish between green, social, sustainable, and sustainability-linked bonds.
• The progress achieved in reducing the CO₂ footprint of our investments.
• How we voted at shareholder meetings of the Paris Aligned Benchmark (PAB) equity fund.
• The number of companies and countries that we excluded from direct investments, based on the exclusion criteria in our sustainability policy.