Responsible Investment Report 2022

This report details the steps we have taken to ensure we continue to fulfil our responsibilities as active investors; to widen the choice of sustainability focused products for our clients; and to improve the tools and data we use to build portfolios, all while considering the environmental impact of our own business operations.


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Highlights of the report

Climate change in fixed income

Climate change and the transition to net zero are important themes for investors. Find out how climate change risk can be incorporated within investment analysis to help build more resilient fixed income portfolios.

 

 

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ESG integration across asset classes

ESG integration means incorporating financially-material ESG factors into our investment analysis to better understand risk and uncover potential opportunities. We continued to enhance our practices to support the integration of financially-material ESG factors in investment analysis.

 

 

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Active ownership and engagement

Our active ownership program includes exercising shareholder voting rights focused on the best interest of our clients and engaging with issuers to mitigate ESG risk, to better understand the opportunities that companies face and encourage more sustainable practices.

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2022 at a glance

 

In 2022, the responsible investment landscape continued to evolve rapidly, with climate action as the primary concern and with considerable regulatory change taking place to address greenwashing. At Aegon, we continued to innovate investment solutions through our active global investment business, Aegon Asset Management. Much of the focus was on managing climate-related risks and accelerating the low-carbon transition; areas that are increasingly integral to our investment and stewardship processes.

*Aegon AM, as of December 31, 2022. Assets under management/advisement excludes joint ventures. **Please see the Disclosure section for important additional information regarding engagements. Aegon AM has updated the methodology of reporting the number of engagements undertaken and will state the number of contact points with issuers going forward. Previously reported numbers were based on manual groupings of these contact points. The 2021 figure is restated to reflect this change. The 2021 baseline for contact points is 685.