The entire investment process, including the responsible investment policy, is outsourced to SPF Beheer. SPF Beheer regularly consults the Board of the Spoorwegpensioenfonds on the matter. The Board is responsible for setting targets and limitations, giving direction and maintaining oversight over the policy. No board member is fully dedicated to SRI. Some of the members, however, do have a background in the field of SRI.
At SPF Beheer, one person is fully dedicated to SRI. Portfoliomanagers and responsible investment staff at SPF Beheer are responsible for implementing the responsible investment strategy. The CFO and head of portfoliomanagement of SPF Beheer maintain oversight of the actions undertaken by portfoliomanagement. A management bureau ensures that communication between the board of the pension fund and the asset manager runs smoothly. Please refer to the transparency report of SPF Beheer for a more detailed description of staff members and roles.