Robeco has a climate change policy in place (https://www.robeco.com/en/insights/2017/10/robeco-launches-climate-change-policy.html) that addresses our carbon reduction approach. This approach includes:
All Robeco SI Focus funds optimize their carbon footprint by having a carbon reduction target of at least 20% versus the benchmark.
The SI Focus funds are divested from mining companies with more than 10% of revenues derived from thermal coal, and from power producers with more than 20% of thermal coal-related revenues.
In addition, for several clients, Robeco monitors carbon exposure and carbon risk as part of an ESG overlay. The amount of clients that has specific carbon requirements has increased substantially over 2018.