Dutch Association of Investors for Sustainable Development

Benchmarks

VBDO performs benchmarking exercises with pension funds, insurers, banks and companies. The reports can be found under Publications.

VBDO Benchmark Pension Funds

The annual VBDO Benchmark Pension Funds is highly-regarded in the pension world. Every year the 50 largest pension funds in the Netherlands participate in the benchmarking exercise. VBDO assesses the funds, including examining every responsible investment policy, and then ranks the funds. The final report is presented in the autumn; the highest ranking funds are honoured and the results explained. This VBDO benchmark has been implemented since 2006.

VBDO Benchmark Responsible Investment by Insurance Companies

Since 2009, VBDO has published its Benchmark Responsible Investment by Insurance Companies. VBDO researchers assess the 30 largest Dutch insurers for their performance in responsible investment. The latest results indicate that there is still a lot of work to be done if this sector is to become more sustainable. For example, investment policies need to become is more prominent on management agendas and many insurers still need to set sustainability targets for their asset managers.

VBDO Tax Transparency Benchmark

Tax transparency is one of the main themes within VBDO’s activities. By means of a responsible tax policy, companies and financial institutions contribute to the fair distribution of profits within society and ensure that vital public services are maintained. VBDO has been implementing the Tax Transparency Benchmark since 2014. It tests the transparency of 76 companies in the Netherlands. In 2017, VBDO’s ‘Investor Guide Integration of tax in responsible investment‘ was published. VBDO expects companies and financial institutions to draw up a responsible tax policy in line with the most recent standards.

Corporate Human Rights Benchmark

Corporate management with respect to human rights is improving, according to the 2018 report of the Corporate Human Rights Benchmark (CHRB), which ranks companies on their performance in this area. CHRB is supported by, among others, APG, Nordea and VBDO. The improvement may be due, in part, to the stimulus that comes from benchmarks and investors. There is growth in the reporting of human rights and in the pursuit of transparency. 5,000 companies have now made public commitments to prevent modern slavery in their supply chain. The report also mentions 28 companies that have not dealt with human rights in the last two years. There is still a long way to go before the UN Guiding Principles become part of the normal course of events.

More benchmarks

VBDO is currently working on a Climate Benchmark. Until recently, VBDO also published the following benchmarks: the Responsible Supply Chain Benchmark and the Benchmark Circular Business.