CEO: ensures alignment NN IP Board and NN Group Management Board , Discussion and approval for strategic/tactical ESG related matters in the areas of Responsible Investing for NN IP
CIO: Chair of ESG Committee: setting objectives and providing advice to NN IP's executive board about positioning and future initiatives in the RI area and sponsor of RI activities within investment engine across all asset classes.
Structured committees and working Groups within NN IP (Proxy voting Committee, ESG Committee (policies and practices). The proxy voting committee casts votes on holdings for the account for clients as well as for own account. NN IP maintains barriers between the management of proprietary assets and client assets. The ESG committee discusses on items regarding the ESG policy, ESG initiatives, and the ESG strategy within NN IP including monitoring PRI ambitions and commitments. This includes for example overlooking the integration of ESG factors into all of NN IP's investment strategies.
Ad hoc task forces are created to cover ESG related topics, like the Carbon Footprint reporting task force as well as our Green Bonds Governance workstream .
The respective heads of Equity and Fixed Income sets objectives for portfolio managers and analysts related to ESG integration, and monitor progress.
Dedicated RI staff: Ensuring that the organisation implements RI related policies, providing training and guidance.
Risk management and Product management review processes and ensures alignment in criteria and execution