japanja
Momentous year for SI highlighted in 2021 Stewardship Report

Momentous year for SI highlighted in 2021 Stewardship Report

25-04-2022 | Active Ownership Report
A renewed urgency for tackling climate change and biodiversity loss, and a renewed focus on social issues. Those were the main highlights of a momentous year for sustainable investing discussed in Robeco’s 2021 Stewardship Report.
  • Carola van Lamoen
    Carola
    van Lamoen
    Head of Sustainable Investing

Speed read

  • Big climate focus, net-zero roadmap and more engagement on decarbonization
  • International summits like COP26 boost focus on climate change
  • Launch of new funds, capabilities and enhanced SI Center of Expertise
サステナビリティに関する最新の「インサイト」を読む
サステナビリティに関する最新の「インサイト」を読む
配信登録

As the world continued to battle Covid-19, the focus on what nature can throw at us – and the growing urgency not to cross planetary boundaries on our fragile Earth – became ever more apparent. Robeco has long believed that part of the answer lies in sustainable investing, and there was no shortage of subject matter in 2021.

Stark warnings from the Intergovernmental Panel on Climate Change (IPCC) that we don’t have much time left to limit global warming to within the Paris Agreement goals were confirmed by a summer of forest fires, floods and other natural disasters. The COP26 summit in Glasgow did bring about some renewed pledges to set net-zero targets and make greater efforts to decarbonize.

But this can only really be backed up by action. This led to Robeco launching a range of climate and decarbonization funds, stepping up engagement to tackle the highest emitters, and publishing an extensive roadmap of plans to achieve net-zero emissions across all assets under management by 2050, in line with international agreements.

But it is impossible to tackle climate change without also addressing biodiversity loss at the same time. That’s why we redoubled our efforts here as well. Social issues continued to play a key role in the wider engagement program, reflecting the increasing focus that the Covid-19 pandemic has placed on topics like labor practices. Finally, as a key pillar in our sustainable investing strategy, we launched a new human rights theme, focused on companies operating in areas that could be deemed controversial.

It’s hard science

“Sustainability is not for believers; it has become hard science, with a growing number of scientific studies and papers being published on it,” says Victor Verberk, Robeco’s Chief Investment Officer, Fixed Income and Sustainability, in the introduction to the report. “As such, anyone in the financial industry who wants to keep up with developments needs to educate themselves.”

Robeco has a long history in sustainability, with our current approach built upon 25 years of knowledge and experience in the field. And whilst many things have changed in that time, the need for investors to be responsible stewards of the companies in their portfolios remains critical.

“Effective stewardship plays a central role in any credible sustainable investment strategy, and that’s why we’ve continued to build on our work of previous years, whilst increasing our focus on many of the sustainability megatrends we see today,” says Carola van Lamoen, Robeco’s Head of Sustainable Investing.

“We’ve focused on topics like climate change, biodiversity and human rights for many years, but this year represented a redoubling of our efforts in these areas, reflecting the urgent nature of the challenges we as a society face.”

In-depth analysis

The 80-page report provides an in-depth analysis of much of the work that Robeco has done to further SI across its investments, with the members of our SI Center of Expertise working in close collaboration with Robeco’s Investment teams, and members of the wider Robeco organization. And within the SI Center, many new staff members were added, including data specialists to try to tackle the thorny issue of getting reliable information on emissions.

The report has sections devoted to responses to climate change and the related issues of biodiversity, water and waste, and the partnerships we are cementing. The work of Robeco’s governance specialists is also reflected, including the extensive engagement work conducted in emerging markets, as well as extensive reports on how Robeco voted in 2021.

Controversial Behavior Committee

We detail how exclusions are handled, introducing the new Controversial Behavior Committee and other enhancements to add an additional layer of analysis to our assessment of potentially contentious companies. We also report on social and employee matters, and the shape that Robeco is in generally. The year saw assets under management surpass EUR 200 billion for the first time, and many new funds and capabilities give us much confidence for the coming years.

“2021 marks another year of hard work by Robeco’s SI Center, and our investment colleagues who form the center of all our sustainable investing approaches,” says Van Lamoen. “I’m proud of all our achievements, many of which are outlined in this report, and I look forward to continuing to further our sustainable investing strategy in 2022.”

重要事項

当資料は情報提供を目的として、Robeco Institutional Asset Management B.V.が作成した英文資料、もしくはその英文資料をロベコ・ジャパン株式会社が翻訳したものです。資料中の個別の金融商品の売買の勧誘や推奨等を目的とするものではありません。記載された情報は十分信頼できるものであると考えておりますが、その正確性、完全性を保証するものではありません。意見や見通しはあくまで作成日における弊社の判断に基づくものであり、今後予告なしに変更されることがあります。運用状況、市場動向、意見等は、過去の一時点あるいは過去の一定期間についてのものであり、過去の実績は将来の運用成果を保証または示唆するものではありません。また、記載された投資方針・戦略等は全ての投資家の皆様に適合するとは限りません。当資料は法律、税務、会計面での助言の提供を意図するものではありません。

ご契約に際しては、必要に応じ専門家にご相談の上、最終的なご判断はお客様ご自身でなさるようお願い致します。

運用を行う資産の評価額は、組入有価証券等の価格、金融市場の相場や金利等の変動、及び組入有価証券の発行体の財務状況による信用力等の影響を受けて変動します。また、外貨建資産に投資する場合は為替変動の影響も受けます。運用によって生じた損益は、全て投資家の皆様に帰属します。したがって投資元本や一定の運用成果が保証されているものではなく、投資元本を上回る損失を被ることがあります。弊社が行う金融商品取引業に係る手数料または報酬は、締結される契約の種類や契約資産額により異なるため、当資料において記載せず別途ご提示させて頂く場合があります。具体的な手数料または報酬の金額・計算方法につきましては弊社担当者へお問合せください。

当資料及び記載されている情報、商品に関する権利は弊社に帰属します。したがって、弊社の書面による同意なくしてその全部もしくは一部を複製またはその他の方法で配布することはご遠慮ください。

商号等: ロベコ・ジャパン株式会社  金融商品取引業者 関東財務局長(金商)第2780号

加入協会: 一般社団法人 日本投資顧問業協会