Inclusion

Thematic investments are an ideal approach to tackle specific sustainability topics. We mainly target investments that contribute to a low carbon economy.

An effective way to do this is by investing in infrastructure renewables and green bonds. As the latter is more of a concept than a specific investment class, we use the Green Bond Principles (GBP) from ICMA as guiding principles for our investments. We are well advanced in meeting our publicly committed investment target for green bonds of at least USD 1.5bn.

"Inclusion" is one of the three pillars of our responsible investment approach: by making thematic investments in renewable infrastructure and green bonds, we seek to support the transition to a low-carbon economy.

In our 2017 Financial Report, we further disclose information on our climate change-related investment risk exposure.