a.s.r. developed a Green Finance Framework
a.s.r. has developed a Green Finance Framework to enable the future issuance of green bonds. This financing will be used to invest in sustainable projects, such as renewable energy, energy efficiency, green buildings and clean transportation. This step is in line with a.s.r.'s ambition to play a significant role in making the society and environment more sustainable.
The Green Finance Framework of a.s.r. is characterized by strict criteria for the asset allocation of proceeds of a green bond. With the application of a maximum refinancing look-back period of only two years for all asset classes, a.s.r. gives investors certainty that the proceeds of a future green bond from a.s.r. will be used for recently purchased and/or future sustainable investments. All proceeds will be allocated within two years.
Ewout Hollegien, CFO a.s.r.: ‘a.s.r.’s Green Finance Framework plays an important role in the fulfilment of our ambitions as an insurer and investor to have a positive impact on society and the environment, and to accelerate the energy transition whilst providing good financial quality bonds. Investors who will invest in a green bond from a.s.r. in the future, will support our ambition to contribute to a more sustainable Netherlands.’
The framework has been externally tested by Sustainalytics, a Morningstar company. It complies with the ICMA Green Bond Principles (GBP) 2021 and takes into account, where possible, the European Green Bond Standard and the EU Taxonomy.
Note to editor:
The Green Finance Framework and related documentation is available on our website: www.asrnl.com/investor-relations/debt-securities.
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12 Sep 2024S&P revises a.s.r.’s outlook to positive on expected capital and earning improvement – A ratings affirmedCredit rating agency Standard & Poor’s (S&P) is positive about the long-term outlook in its annual assessment of a.s.r.’s creditworthiness and its components. The current ratings have been reaffirmed, and the outlook has been changed from stable to positive. This means that if a.s.r. continues to perform at the current level, there is a possibility that the ratings of a.s.r. will be upgraded by one notch at a next assessment.
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21 Aug 2024a.s.r. commits to Science Based Targets initiative (SBTi)a.s.r. has joined the international Science Based Targets initiative (SBTi). In doing so, a.s.r. commits to setting science-based emission reduction targets in line with the Paris Climate Agreement. This step fits the ambition of a.s.r. to belong to the leading group of European sustainable insurers. After signing, a.s.r. has 2 years to submit the climate goals to SBTi.
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21 Aug 2024a.s.r. reports strong half-year 2024 resultsJos Baeten, Chairman of the Executive Board and CEO: ‘We are showing good results over the first six months of 2024. These are in line with or exceeding the targets that we presented at our recent capital markets day. We can see growth in P&C, Disability and Pensions, and we maintain our strong position in the mortgage market. Alongside this, the operating result, the organic capital creation, and the solvency are developing favorably. The financial results show a significant rise across all business segments, through autonomous growth as well as the addition of activities of Aegon Nederland. Since the closing of the Aegon Nederland transaction we have already taken many steps, each contributing to the integration going to plan. The progress of the integration, where we also appreciate the joining of two cultures, remains the priority. When we look at the future, our stakeholders can expect us to, through our ambition to be the best financial service provider in the Netherlands, also continue to focus on sustainable growth. Lastly, a.s.r. continues to commit to a sustainable society and world, with product and services that are not only good for now, but also for the long term, with future generations in mind.’