Investors need a legislative framework for biodiversity that is executable and gives unambiguous guidance for methodologies and due diligence targets, according to Eloisa Menguzzo, Luuk Tupker and Wouter ten Cate.
Investment Director Simon Nicolaas: 'As far as sustainability is concerned there’s always more to be done. Concession company Globalvia is well on its way though. As a long-term investor with a strong sustainability focus, PGGM can provide the support Globalvia needs to remain relevant and valuable in the future.'
Significant shareholder support for resolution co-filed by PGGM for ‘Say on Climate’
In our collaboration with UBS Asset Management we invest in large, modern, efficient and sustainable cold storage facilities across the United States. This fits perfectly with PGGM’s focus on sustainable investment initiatives, according to Investment Manager Sebastiaan Blom from PGGM’s Private Real Estate department.
As the 2023 AGM season starts, our voting and shareholder engagement are reinforcing each other, says Rogier Snijdewind.
PGGM will vote in favour of a climate-related shareholder resolution filed by Follow This at the AGM of BP plc, which calls for a Paris-aligned mid-term greenhouse gas (GHG) emissions target
The European Union was the first to lay down rules for green bonds in February 2022. A good development, according to senior investment managers Wilfried Bolt and Jesus Martinez. 'The standard enables us to efficiently and effectively allocate the participants’ money to activities that lead to real sustainability.'
The new EU Green Bond Standard has great potential to steer investments more confidently towards sustainable technologies and businesses, according to Wilfried Bolt, Brenda Kramer and Wouter ten Cate.
