The responsible investment policy is updated at least once a year. However, much of the objectives are set on an ad-hoc basis, depending on the needs and wishes of our clients and societal demand. On the one hand it often takes time to introduce a new approach or to make a new topic part of existing policy. On the other hand, sometimes a topic emerges in society so quickly, often due to sudden events such as the Rana Plaza collapse, that it cannot wait a whole year before it is translated into policy. Therefore, besides the annual update, policy is often set and changed on a more ad hoc basis.
On a more general level, certain objectives of the SRI policy are included in the targets of the Portfoliomanager SRI at SPF Beheer which are determined on an annual basis.