Stichting Pensioenfonds ABP
| Company name | |
|---|---|
| File:Bijdrijfs Logo.svg | |
| Quick Facts | |
| Type | Public |
| sector | subsector |
| Headquarters (Benelux Organization) | Stad, Land |
| Year of Origin | jaartal |
| Emissions (All Scopes) | XXX Megatons of CO2 (2020) |
| Total Revenue | USD$XXXX billion (2020) |
| Stock Exchange | Bijv. Tokio, Amsterdam |
| Key People | Only the executives, Supervisory board in Company Structure |
| Number of Employees | XXX |
| Subsidiaries |
|
Stichting Pensioenfonds ABP, stylized as ABP, is the largest pension fund in the Netherlands. Its headquarter is placed in Heerlen, a city in Limburg. The pension fund was established in 1922 primarily to regulate the pensions of Dutch civil servants. At the time it was government controlled, but in 1996, ABP was privatized. This provided them with much more autonomy with regard to regulating their investment portfolio. In 2020, the fund serviced over 3.1 million employees, and an additional 3,557 employers. The pension fund itself only had 41 employers as of 2020. Although ABP predominantly provides pensions to Dutch citizens, the company invests worldwide. On February 28th, 2022, ABP confirmed that their current assets are worth 528 billion EUR.
Company Structure
Who has influence on what? Private or public company? Why is hq in the Netherlands? Any important subsidiaries or daughter companies?
Board of Directors
| Name | Function | Remuneration x1000 EUR |
|---|---|---|
| Insert name | E.g. CEO | XXX EUR |
| Insert name | E.g. CFO | XXX EUR |
| Insert name | E.g. CPO | XXX EUR |
Where applicable: Management Board or Executive Leadership Team
| Name | Function |
|---|---|
| Name | Function |
| Name | Function |
| Name | Function |
| Name | Function |
In most cases, no information on remuneration of the management board is made public.
Supervisory Board
| Name | Function | Remuneration x1000 EUR |
|---|---|---|
| Insert name | E.g. chair | XXXX EUR |
| Insert name | E.g. vice-chair | XXXX EUR |
| Insert name | E.g. vice-chair | XXXX EUR |
| Insert name | E.g. vice-chair | XXXX EUR |
| Insert name | E.g. vice-chair | XXXX EUR |
Accountant
What is the companies accountant?
Main Activities
In a few sentences, describe the core activities of the company. In a bit more detail than in the introduction.
Government
To what extent can the government influence company policy? (shareholder, licensing authority, client etc.) Has company received NOW support or royal status?
Paris Agreement untill Today
What has company done or refused to do since the Climate Accord of Paris? Per company, where applicable refer to research on the benefits of fossil companies in the form of subisidies etc.
Financial Results since 2015
This tabel is meant to indicate that the companies have plenty of money to make their company more sustainable. Clearly distinguish between Dutch data and international data.
| Year | Revenue | Profit | Dividend |
|---|---|---|---|
| 2015 | XXX Billion EUR | XXX EUR | XXX EUR |
| 2016 | XXX Billion EUR | XXX EUR | XXX EUR |
| 2017 | XXX Billion EUR | XXX EUR | XXX EUR |
| 2018 | XXX Billion EUR | XXX EUR | XXX EUR |
| 2019 | XXX Billion EUR | XXX EUR | XXX EUR |
| 2020 | XXX Billion EUR | XXX EUR | XXX EUR |
| 2021 | XXX Billion EUR | XXX EUR | XXX EUR |
Scandals and controversies
Any dirt on the companies can be added here.
Current Emissions
Description of the emissions per scope. Critical analysis of (missing) information based on GHG protocol (probably most relevant for scope 3). Describe possible reduction trends.
See p. 63 et seq. of APG. Verslag Verantwoord Beleggen APG Groep 2020 [Internet]. APG; 2021. Available from: https://apg.nl/media/dpef3e2e/nl-verslag-verantwoord-beleggen-apg-2020.pdf
Climate Policy and Plans
Description of the climate plans and policy of the company, with special focus on the goals for 2030 and 2050. Make sure to include the baseyear for their targets. Do the goals take the entire company and all scopes into account?
ABP. Duurzaam en Verantwoord Beleggingsbeleid ABP vanaf 2020. Inzetten op duurzame en rechtvaardige transities [Internet]. ABP; 2020 Oct. Available from: https://www.abp.nl/images/dvb-beleid-abp.pdf. Concrete climate goals for 2030 will follow in 2022 as per the Climate Commitment of the Dutch financial sector.
ABP. Factsheet beleggen in steenkoolbedrijven [Internet]. ABP; 2021 Dec. Available from: https://www.abp.nl/images/ABP%20Factsheet%20beleggen%20in%20steenkoolbedrijven.pdf
ABP. ABP stopt met beleggen in producenten fossiele brandstoffen. Feiten & cijfers [Internet]. ABP; 2021 Oct. Available from: https://www.abp.nl/images/abp-feiten-en-cijfers-dvb-november-2021.pdf
Due Diligence
Keep the broader context in mind. Is the company integer when it comes to deforestation, palm oil, biodiversity, human rights etc etc? Be critical in the sources used here.
Conclusion
Recap of the position and influence of the company. Are the climate plans of the company enough to be in line with goals of the Paris Agreement? Is the company doing enough? Are the companies targets realistic?
References
- ↑ https://www.tweedekamer.nl This is a standard reference