{"id":9753,"date":"2025-02-17T12:54:44","date_gmt":"2025-02-17T10:54:44","guid":{"rendered":"https:\/\/pensioenfondsrobeco.nl\/?page_id=9753"},"modified":"2026-04-21T12:29:24","modified_gmt":"2026-04-21T10:29:24","slug":"sustainability-risks","status":"publish","type":"page","link":"https:\/\/pensioenfondsrobeco.nl\/en\/sustainability-report\/sustainability-risks\/","title":{"rendered":"Sustainability risks"},"content":{"rendered":"
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Sustainability risks<\/h1><\/header> <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div> \r\n <\/div>\r\n
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Understanding and managing risks<\/h2>\n

Sustainability risks are one of the financial risk categories within the pension fund\u2019s risk framework.<\/h4>\n <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div> \r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n \r\n<\/div>\n\n
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We are following the methodology developed for this purpose by the sponsor, Robeco. This methodology provides a classification for ESG risk and climate risk.<\/p>\n

Most ESG risks in the portfolio are assessed as low to medium. An exception is the PIMCO Emerging Markets Local Bond Fund, where sustainability risks are higher due to the nature of the asset class.<\/p>\n

The assessment of transition risks ranges from very low to very high. The Robeco Global Stars Equities (Robeco High Yields Bonds) investment fund scores the lowest (highest) here, with very low (very high). Looking at physical risks, we see that the two most significant weather scenarios are \u2018extreme heat\u2019 (developed equity funds) and \u2018coastal flooding\u2019 (all other investment funds).<\/p>\n

Dutch pension funds are taking increasing action to manage sustainability risks. They identify ESG risks, carry out scenario analyses, integrate sustainability criteria into their policies, report under the SFDR and actively engage with companies. At the same time, DNB and civil society organisations recognise that there is still much room for improvement \u2014 particularly in terms of depth, value chain analysis, biodiversity and concrete risk indicators. DNB provides guidance on managing these risks in the \u201cGuide to Managing Climate and Environmental Risks\u201d.<\/p>\n

This guide was updated in July 2025. Compared to the previous version, the legal frameworks have been updated and expanded, and new insights have been included regarding ESG risks, particularly in the areas of natural risks and legal sustainability risks. New best practices have also been added, including those relating to the management of natural risks and the role of climate action plans in risk management. The pension fund has opted for a proportionate approach to the implementation of best practices, in line with its objective of providing a good pension for its members.<\/p>\n <\/div>\n <\/div>\n