APG has published its second Stewardship Overview highlighting the activities it carried out on behalf of its clients in 2023.
This overview looks at APG’s activities in a range of asset classes and markets all over the world and shows how the pension fund investor implements its clients’ responsible investment policies in practice. It also looks at the work it does in the context of its clients’ focus themes of climate, biodiversity, human rights and good governance. The scope of activities is broad – from encouraging individual companies to improve their sustainability & governance performance, to working with other investors and stakeholders, for example, to set market standards and establish best practice. This overview also highlights the collaborative process within the APG organization, involving investment teams and responsible investing experts across the entire company and investment value chain.
Disclosures
APG is committed to being transparent and accountable. Under the Dutch Corporate Governance Code, APG is obliged to report annually on how it implements its clients’ engagement policies and the key points of dialogues with companies/investments and any significant votes, for example, in companies where it holds a large position, or which have a high media profile. The annual Stewardship Overview is part of APG’s commitment to being transparent about the activities it carries out on behalf of clients and to making its activities tangible for stakeholders, in pursuit of its goal to help create a more sustainable future.
Measurable real-world impact
Claudia Kruse, Chief Sustainability and Strategy Officer: “APG wants to contribute to a sustainable future while securing long-term returns for our pension fund clients and their beneficiaries. This is why assessing our investments’ sustainability and governance performance and their risk and return characteristics, is an integral part of our investment process. We work with a wide range of stakeholders and believe that as a responsible investor we need to address systemic risks like biodiversity as part of our stewardship efforts. Realizing APG’s and our clients’ ambitions also means actively seeking investments that contribute to solving societal and sustainability issues. The ambition to have a real-world impact and being able to measure that impact, forms the foundation for our ongoing work.”