By signing the United Nations PRI and GC at the end of 2009, Van Lanschot indicated that it would define its investment policy on the basis of this framework of standards, which is widely accepted within society.
The screening process is carried out by an independent, specialised consultant (GES). This screening process covers issues including human rights, employment rights, the environment, controversial weapons and tackling corruption. To this end, GES has translated the UN review framework into more than 50 specific screening criteria.
If a company or investment fund fails to comply with one or more of these criteria, Van Lanschot launches a process of engagement, under which it tries to bring about improvements by means of active dialogue with the relevant company or investment fund. If the company or fund manager refuses to go along with these improvements, the investment is sold. However, if the dialogue proves successful and results in improvements in the area of sustainability, there is no reason, at least in this respect, to divest.
