Dutch initiative from financial institutions is now being copied worldwide
The launch of PCAF Global was announced Monday 23 September. PCAF stands for a methodology developed for the calculation of the carbon footprint of investments. a.s.r. is one of the participants in this initiative, which until now, has only been supported by Dutch financial institutions.
The "Partnership for Carbon Accounting Financials" (PCAF) initiative has been in existence for 4 years and is a collaboration between Dutch financial institutions, to develop a methodology that calculates and reports on the climate impact of their investments. Monday, the launch of PCAF Global was announced in New York. 50 international financial institutions have joined PCAF Global. This is the first step towards a worldwide standard.
For the Netherlands, a good methodology is now available for a large part of the investment categories. At a.s.r. more than 85% of our investments can be calculated using the carbon footprint! The Executive Board made this a non-financial target in 2018. The aim is to be able to measure the carbon footprint for at least 95% of our investments by 2021.
Partnership for Carbon Accounting Financials (PCAF)
PCAF is a global partnership of financial institutions that work together to develop and implement a harmonized approach to assess and disclose the greenhouse gas (GHG) emissions associated with their loans and investments. The harmonized accounting approach provides financial institutions with the starting point required to set science-based targets and align their portfolio with the Paris Climate Agreement. PCAF enables transparency and accountability and will develop an open-source global carbon accounting standard for financial institutions.
Read more on PCAF: carbonaccountingfinancials.com
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25 Apr 2024a.s.r. joins Forum for Insurance Transition to Net-Zero (FIT)a.s.r. has joined the Forum for Insurance Transition to Net-Zero (FIT), a new initiative launched by the United Nations Environment Programme (UNEP). A total of 19 insurers and reinsurers worldwide have joined this initiative. FIT builds upon the efforts of the Net-Zero Insurance Alliance (NZIA). It provides a broader platform for collaboration and innovation and a.s.r. is one of the three Dutch insurers actively participating. a.s.r. hereby reaffirms its commitment to a sustainable and climate-neutral insurance sector.
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18 Apr 2024500 a.s.r. employees roll up their sleeves on first “Doenkracht Donderdag”Across the Netherlands, 500 a.s.r. employees will participate in activities on Thursday, April 18, during Doenkracht Donderdag (“Doenkracht Thursday”). On this day, employees will step away from their usual tasks and wholeheartedly engage in volunteer work across 6 of a.s.r.’s 7 business cities. a.s.r.’s social organisation, Doenkracht, collaborates with various organisations in and around these cities that can benefit from external help. This initiative marks the first time a.s.r. is organising such an event, drawing inspiration from Aegon Nederland, which previously introduced Vrijwilligerswerk Vrijdag (“Volunteering on Friday”). The commitment to community activities aligns with a.s.r.’s mission to empower individuals in the Netherlands to make informed financial decisions, fostering greater financial awareness, savvy, and resilience.
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16 Apr 2024a.s.r. to hold Annual General Meeting of Shareholders on 29 May 2024Today, ASR Nederland N.V. (a.s.r.) is publishing the convocation and the accompanying documents for the Annual General Meeting of Shareholders (AGM) that is scheduled for Wednesday 29 May 2024 at 10:00 a.m. The AGM will be held on that day at the office of a.s.r. in Utrecht.