Private security companies often operate in high-risk areas. This involves major human rights risks, which are often overlooked in screenings and risk analyses. During a webinar, organized recently by PAX and Achmea Investment Management together with the international RBC Agreement for Pension Funds, experts gave information and recommendations on how pension funds can identify, prevent and mitigate risks in the private security sector. The recording of the webinar, recommendations and useful documents are now available.
Both international RBC agreements, insurers and pension funds, are jointly involved in a collective engagement process aimed at preventing further loss of biodiversity. During a field visit to an organic farm, inspiring conversations arose between financial institutions, the government, science, NGOs and farmer Jan Wieringa. A longread on the visit is available.
Endurance, being tenacious and working together: that is the basis for the success of Access to Remedy. This is one of the three pillars of the United Nations Guiding Principles, which were central to a case session.
The insurers, the government, NGOs and trade unions, united in the IRBC agreement in the insurance sector, have developed five frameworks for themes around the environment, social conditions and corporate governance. These thematic frameworks bring together relevant international legislation and regulations, tips and other support that an insurer can use when investing in risky sectors.
In the summer of 2018, sector organizations in the insurance sector have signed the IRBC agreement on international responsible investment in the insurance sector. The agreement is binding for all affiliated insurers
In its annual report 2018-2019 the Agreement for International Responsible Investment in the Insurance Sector, looks back on the first year of the agreement and on the initial findings and recommendations of the monitoring committee.
On 10 July, the Dutch financial sector signed a commitment to contribute to the national Climate Agreement. The Carbon Accounting Financials Platform has developed a method to calculate the CO2 impact of investments.
Parties in the Agreement in the insurance sector have jointly worked out a second case for international responsible investment (IMVO).
The financial sector wants to actively contribute to the financing of the energy transition.