PME Pension Fund has renewed its sustainable and responsible investment policy. With this revised policy the pension fund is taking further steps to manage the pension assets of workers in the metal and technology industry in a sustainable and responsible manner.
Key Changes
The revamped policy places a strong emphasis on topical issues such as climate change, biodiversity and human rights. PME aims to have a carbon-neutral investment portfolio by 2050. To achieve this, the fund invests more in the energy transition and sustainable projects that contribute to a circular economy and affordable housing.
In addition, PME is intensifying its dialogue with companies in which it invests. The aim is to encourage positive changes in terms of environmental policy, social conditions and good governance (ESG criteria). Companies that do not meet ESG criteria or are involved in undesirable activities are excluded from the investment portfolio.
Transparency and commitment
PME's renewed policy emphasises the importance of transparency and listening to participants' preferences. The fund aims for all investments to be knowable and explainable. It also focuses on impact investing, seeking not only financial returns but also positive social impacts.
What Does This Mean for VHP2 Members?
As the VHP2 union, we welcome this development. A sustainable and responsible investment policy contributes to a stable and just world, which is in the interest of all current and future pensioners. PME's renewed policy is in line with our vision of corporate social responsibility and investment.
We will closely monitor the implementation of this policy and keep our members informed of relevant developments. For those wishing to know more, we recommend reading the full document "Sustainable and responsible investment policy" read on the PME Pension Fund website.
More information
For more details on the revamped policy, please visit the PME website or contact our representatives.
Together, we are working towards a sustainable future for all.