How should we tackle adverse effects on sustainability factors?

The EU Regulation SFDR stipulates that a pension fund must disclose whether it takes account of the principal adverse effects of its investment decisions on sustainability factors.

The Staples Pension Fund does not currently take account of the principal adverse effects of investment decisions on sustainability factors as referred to in Article 4 of the SFDR.

Pension scheme sustainability information

Pension scheme sustainability information

The Staples Pension Fund believes that socially responsible investing is important, and is aware of the influence it can bring to bear as a long-term investor. At the Staples Pension Fund, socially responsible investing is seen in the context of the primary objectives of the pension fund.

The following ecological and social characteristics are promoted by the Staples Pension Fund:

• Not contributing to controversial behaviour and controversial activities by means of exclusions
• Exercising influence as a shareholder and achieving positive change
• Inclusion of ESG (Environment, Social, Governance) criteria in the selection of asset managers and investments

The Staples Pension Fund promotes these characteristics with the following instruments:

• Exclusions
• Active shareholdership (voting and engagement)
• Integration of ESG

The document gives further details of how the Staples Pension Fund expresses these characteristics.

Information on integration of sustainability risks in codes of conduct and investment decisions

Stichting Pensioenfonds Staples (The Staples Pension Fund) has investments amounting to approximately 700 million. Our aim is to realise the best possible return in a responsible manner. Taking account of people, the environment and good governance. Because this is the only way to ensure a good and affordable pension in a sustainable and habitable world.

Pf. The Staples Pension Fund believes it is important to take responsibility for the effects of its investments. This starts with proper understanding of the effect of our investments on people, the environment and good governance and the risks involved in our investments. We also believe it is important to inform our participants about this. This is also required of us under national and international legislation, in particular two regulations: the Sustainable Finance Disclosure Regulation (SFDR) and the Taxonomy Regulation.

Risks in the area of sustainability in relation to investments are known as sustainability risks.

Pre-contractual information

Pre-contractual disclosure template for financial products.

How do we include sustainability risks in our remuneration policy?

The pension fund pursues a controlled remuneration policy, designed to ensure quality, continuity and consistency. The remuneration policy is in line with the nature, size, organisation and complexity of the pension fund. The pension fund applies the principle that the remuneration policy should not induce taking on more risk, including sustainability risks.