ABN AMRO's Sustainable Investment Policy describes the ESG Integration approach in detail.
By excluding companies involved in controversial weapons (Controversial Weapons List - CWL) ABN AMRO uses a more extensive definition of controversial weapons than the definition in the Dutch law.
Companies are also screened on compliance with UN Global Compact Principles. The bank will start engagement processes with companies that are breaching the Principles and partnered with an external provider to start joint engagement procedures. In case the company is also a client to ABN AMRO (loan portfolio), we will engage ourselves.
All (listed) companies have an ESG Indicator that is available to portfolio managers and analysts.