ACTIAM has integrated sustainability into all its processes. We believe that financial and social return go hand in hand. Our Fundamental Investment Principles form the basis of our responsible investment policy. These principles are aligned with the UN Global Compact, focusing on human rights, labour rights, corruption, the environment, weapons and client and product integrity. Furthermore, we have several sector specific, issue specific and asset class specific policy documents, which can be found online: http://www.actiam.nl/en/docs/sustainability.
The responsible investment policy is drafted by the in-house ESG team (7 FTE and 2 interns on average). All policies and exclusion decisions need to pass by the ACTIAM Selection Committee, which consists of the CEO (performing the role of Chair), CIO, Head of ESG Research and an external expert who is also a Professor of Ethics. This committee meets at least once every quarter. The policies are reviewed and updated on a regular basis.
The policies outline ACTIAM's criteria for responsive or proactive engagement and exclusion. ACTIAM prefers to enter into dialogue with a company (engagement), focusing on behavioural change. However, some clear cases directly lead to exclusion, which includes involvement in controversial weapon production, mountain top removal and riverine tailings disposal.