Stronger together
We are working on a good pension in a sustainable world. But we cannot do that alone. That's why we work together wherever we can. With other pension funds and investors, with government authorities and with international organisations. These are our main partners.
Agreements and standards
PME complies with a number of national and international agreements and standards. We are often actively involved in their development as well. These are the main ones:
The Dutch Stewardship Code has been in place since 2019. The code contains principles about the way in which institutional investors can interpret and implement responsible investment and committed share ownership.
The Dutch Pension Funds' International Socially Responsible Investment Covenant, or IMVB Covenant, is an agreement between the Dutch government, civic organisations and pension funds. The goal: to jointly contribute to a sustainable society.
The Dutch Corporate Governance Code contains principles and best practices concerning the relationship between the management of a company, the supervisory board and the shareholders.
The Sustainable Development Goals are a United Nations (UN) initiative. The goals were adopted by 193 UN Member States in 2015. The ambition: to end poverty, inequality, injustice and climate change by 2030. There are 17 goals that apply to all people in all countries. Every year, PME measures how its investments contribute to the Sustainable Development Goals.
The six Principles for Responsible Investment (PRI) provide a framework for large investors to integrate environmental, social and corporate governance aspects into their investments. The principles have been endorsed by over 2,000 investors worldwide. PME was one of the first signatories involved in the establishment of the PRI in 2006 and has applied the principles ever since.
Dutch banks, pension funds, insurers and asset managers support the goals of the Paris climate agreement and the Dutch climate agreement. The parties contribute to financing of the energy transition and the measurement and reduction of the CO₂ content of the investments. PME has signed the commitment of the financial sector. We report on progress in our annual report.
These UN Guiding Principles on Business and Human Rights consist of rules of conduct regarding human rights that states and companies must adhere to. For PME, the principles are the starting point when assessing companies with regard to human rights and working conditions.
The OECD Guidelines for Multinational Enterprises show how companies should take into account issues such as human rights, child labour, the environment and corruption. For PME, the OECD Guidelines are an important starting point of its investment policy.