Some products and business practices are incompatible

We believe that some products and business practices are harmful to society and incompatible with sustainable investment strategies and are excluded.

We therefore strive to avoid investments that we do not consider suitable. In doing so, we align with the criteria of our sponsor Robeco.

The impact of exclusions is limited for most investment funds. For developed-market mutual funds, less than 2% of the reference index is excluded. The exception is the Sustainable Global Stars Equities mutual fund, which has a more stringent exclusion list.

The impact for emerging market mutual funds is higher, reaching over 5%. By mid-2023, the pension fund had 0.03% invested in companies we seek to exclude.