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Select an assessment year:

  • Overall approach
    10/16
    • Overarching commitment on deforestation
      8/14
      Deforestation commitment
      Reduce deforestation
      8/14
      [Translation] "AEGON values that companies prevent deforestation and are not active in forests with High Conservation Value status, like rainforests, primeval forests and mangrove forests. In forestry, cerfication by the Forest Stewardship Council is regarded as best practice." "Aegon finds it important that the aforementioned principles are lived up to and will try to promote certification on the basis of comparable initiatives in its direct forestry investments and indirect investments in the supply chain, for example paper producers and big retailers." "We have identified the below criteria for consideration which can be included when making investments and related decisions with respect to biodiversity: [...] Do companies act to prevent deforestation (e.g. by planting new forests when clearing existing forests) and protect natural forests (including old growth forests, bogs, mangroves, peatlands and rainforests) as described in the High Conservation Value (HCV) concept? [...] Do agriculture companies prevent the burning of naturally occurring ecosystems (e.g. forests and savanna) for the purpose of land clearing to establish large-scale agricultural plantations? 14. Do agricultural companies have ‘No Deforestation, No Peat, No Exploitation’ (NDPE) in place? [...] Where it is determined that further engagement with a company is unlikely to yield the required results set out in the engagement plan, Aegon NL may decide to add the company to its exclusion list and / or divest its existing investments."
    • Company must have anti-corruption policy
      2/2
      Anti-corruption
      Anti-corruption policy; Policy prohibiting abusive tax arrangements
      2/2
      "Aegon NL expects the companies in which it invests in to adhere to high ethical standards and operate free from corruption." "Since paying taxes is a corporate responsibility, Aegon NL expects companies to pay taxes in the countries where they have operations. In this respect, we support the OECD’s framework on base erosion and profit shifting (BEPS), which refers to tax avoidance strategies that exploit gaps and mismatches in tax rules to artificially shift profits to low or notax locations."
  • Commodity score
    40/64
    • Beef & Leather
      32/64
      • Commitment Strength
        15/42
        • Commodity-specific financing policy
          0/9.6
          • Commitment details
            No
            0/8
            Commitment details
            No
            0/8
            Type of policy: No policy
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must be legally operated
          2.6/5.6
          • Commitment details
            Own operations - Encourage
            1/4
            Commitment details
            Own operations - Encourage
            1/4
            [Translation] "Dealing with business partners Aegon is committed to dealing with business partners who share our values [...] Complying with laws and regulations: Employees must comply with applicable laws and regulations as well as with internal policies and company rules, including this Code of Conduct."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            [Translation] "Dealing with business partners Aegon is committed to dealing with business partners who share our values [...] Complying with laws and regulations: Employees must comply with applicable laws and regulations as well as with internal policies and company rules, including this Code of Conduct."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            [Translation] "Dealing with business partners Aegon is committed to dealing with business partners who share our values [...] Complying with laws and regulations: Employees must comply with applicable laws and regulations as well as with internal policies and company rules, including this Code of Conduct."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            [Translation] "Dealing with business partners Aegon is committed to dealing with business partners who share our values [...] Complying with laws and regulations: Employees must comply with applicable laws and regulations as well as with internal policies and company rules, including this Code of Conduct."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            [Translation] "Dealing with business partners Aegon is committed to dealing with business partners who share our values [...] Complying with laws and regulations: Employees must comply with applicable laws and regulations as well as with internal policies and company rules, including this Code of Conduct."
        • Companies must protect priority forests or globally important landscapes
          7.2/9.6
          • Commitment details
            All high priority landscapes - Encouraged
            6/8
            Commitment details
            All high priority landscapes - Encouraged
            6/8
            "We have identified the below criteria for consideration which can be included when making investments and related decisions with respect to biodiversity: Do companies actively seek to prevent their products and operations from having a negative impact on UNESCO World Heritage sites, IUCN protected areas, and wetlands as defined in the Ramsar Convention on Wetlands of International Importance? Do companies act to prevent deforestation (e.g. by planting new forests when clearing existing forests) and protect natural forests (including old growth forests, bogs, mangroves, peatlands and rainforests) as described in the High Conservation Value (HCV) concept? [...] Do forest construction companies identify and protect High Conservation Value (HCV) areas within the forests they manage and identify and protect High Carbon Stock (HCS) forests? [...] Aegon NL believes that governments, companies and investors have a responsibility to care for nature, the environment, water resources, and to preserve biodiversity. We expect companies to take measures on these issues where they can."
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
            "We have identified the below criteria for consideration which can be included when making investments and related decisions with respect to biodiversity: Do companies actively seek to prevent their products and operations from having a negative impact on UNESCO World Heritage sites, IUCN protected areas, and wetlands as defined in the Ramsar Convention on Wetlands of International Importance? Do companies act to prevent deforestation (e.g. by planting new forests when clearing existing forests) and protect natural forests (including old growth forests, bogs, mangroves, peatlands and rainforests) as described in the High Conservation Value (HCV) concept? [...] Do forest construction companies identify and protect High Conservation Value (HCV) areas within the forests they manage and identify and protect High Carbon Stock (HCS) forests? [...] Aegon NL believes that governments, companies and investors have a responsibility to care for nature, the environment, water resources, and to preserve biodiversity. We expect companies to take measures on these issues where they can."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "We have identified the below criteria for consideration which can be included when making investments and related decisions with respect to biodiversity: Do companies actively seek to prevent their products and operations from having a negative impact on UNESCO World Heritage sites, IUCN protected areas, and wetlands as defined in the Ramsar Convention on Wetlands of International Importance? Do companies act to prevent deforestation (e.g. by planting new forests when clearing existing forests) and protect natural forests (including old growth forests, bogs, mangroves, peatlands and rainforests) as described in the High Conservation Value (HCV) concept? [...] Do forest construction companies identify and protect High Conservation Value (HCV) areas within the forests they manage and identify and protect High Carbon Stock (HCS) forests? [...] Aegon NL believes that governments, companies and investors have a responsibility to care for nature, the environment, water resources, and to preserve biodiversity. We expect companies to take measures on these issues where they can."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "We have identified the below criteria for consideration which can be included when making investments and related decisions with respect to biodiversity: Do companies actively seek to prevent their products and operations from having a negative impact on UNESCO World Heritage sites, IUCN protected areas, and wetlands as defined in the Ramsar Convention on Wetlands of International Importance? Do companies act to prevent deforestation (e.g. by planting new forests when clearing existing forests) and protect natural forests (including old growth forests, bogs, mangroves, peatlands and rainforests) as described in the High Conservation Value (HCV) concept? [...] Do forest construction companies identify and protect High Conservation Value (HCV) areas within the forests they manage and identify and protect High Carbon Stock (HCS) forests? [...] Aegon NL believes that governments, companies and investors have a responsibility to care for nature, the environment, water resources, and to preserve biodiversity. We expect companies to take measures on these issues where they can."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "We have identified the below criteria for consideration which can be included when making investments and related decisions with respect to biodiversity: Do companies actively seek to prevent their products and operations from having a negative impact on UNESCO World Heritage sites, IUCN protected areas, and wetlands as defined in the Ramsar Convention on Wetlands of International Importance? Do companies act to prevent deforestation (e.g. by planting new forests when clearing existing forests) and protect natural forests (including old growth forests, bogs, mangroves, peatlands and rainforests) as described in the High Conservation Value (HCV) concept? [...] Do forest construction companies identify and protect High Conservation Value (HCV) areas within the forests they manage and identify and protect High Carbon Stock (HCS) forests? [...] Aegon NL believes that governments, companies and investors have a responsibility to care for nature, the environment, water resources, and to preserve biodiversity. We expect companies to take measures on these issues where they can."
        • Assurance mechanism to ensure compliance
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          5.6/5.6
          • Commitment details
            Yes - Require
            4/4
            Commitment details
            Yes - Require
            4/4
            "Companies are also expected to provide a robust whistleblowing mechanism which allows employees and third parties to report on violations of workplace rules on health, safety and employee welfare."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Companies are also expected to provide a robust whistleblowing mechanism which allows employees and third parties to report on violations of workplace rules on health, safety and employee welfare."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Companies are also expected to provide a robust whistleblowing mechanism which allows employees and third parties to report on violations of workplace rules on health, safety and employee welfare."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Companies are also expected to provide a robust whistleblowing mechanism which allows employees and third parties to report on violations of workplace rules on health, safety and employee welfare."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Companies are also expected to provide a robust whistleblowing mechanism which allows employees and third parties to report on violations of workplace rules on health, safety and employee welfare."
        • Commitments must be timebound
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        16/22
        • Company must ensure Free, Prior and Informed Consent
          5.2/5.6
          • Commitment details
            Yes - Require
            4/4
            Commitment details
            Yes - Require
            4/4
            (translation) "Also forest areas can only be obtained with Free, Prior, and Informed Consent from indigenous populations".
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
            Commitment is only for Aegon Netherlands
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Aegon NL believes that all governments and companies have a responsibility to respect and protect the freedoms and rights of all human beings. This responsibility requires governments and companies to avoid causing or adversely contributing to human rights breaches through their own activities. In the case of companies, it also includes preventing or remedying human rights breaches directly arising from their operations, products and/or services [...] Do companies respect the UN Declaration on the Rights of Indigenous Peoples? When considering this, Aegon NL will look to assess whether companies have an appropriate policy on the protection and consultation of local and indigenous communities and look to obtain Free, Prior and Informed Consent where relevant [...] Where it is determined that further engagement with a company is unlikely to yield the required results set out in the engagement plan, Aegon NL may decide to add the company to its exclusion list and / or divest its existing investments."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Aegon NL believes that all governments and companies have a responsibility to respect and protect the freedoms and rights of all human beings. This responsibility requires governments and companies to avoid causing or adversely contributing to human rights breaches through their own activities. In the case of companies, it also includes preventing or remedying human rights breaches directly arising from their operations, products and/or services [...] Do companies respect the UN Declaration on the Rights of Indigenous Peoples? When considering this, Aegon NL will look to assess whether companies have an appropriate policy on the protection and consultation of local and indigenous communities and look to obtain Free, Prior and Informed Consent where relevant [...] Where it is determined that further engagement with a company is unlikely to yield the required results set out in the engagement plan, Aegon NL may decide to add the company to its exclusion list and / or divest its existing investments."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Aegon NL believes that all governments and companies have a responsibility to respect and protect the freedoms and rights of all human beings. This responsibility requires governments and companies to avoid causing or adversely contributing to human rights breaches through their own activities. In the case of companies, it also includes preventing or remedying human rights breaches directly arising from their operations, products and/or services [...] Do companies respect the UN Declaration on the Rights of Indigenous Peoples? When considering this, Aegon NL will look to assess whether companies have an appropriate policy on the protection and consultation of local and indigenous communities and look to obtain Free, Prior and Informed Consent where relevant [...] Where it is determined that further engagement with a company is unlikely to yield the required results set out in the engagement plan, Aegon NL may decide to add the company to its exclusion list and / or divest its existing investments."
        • Company must respect labour rights
          5.6/5.6
          • Commitment details
            Entire supply chain - Require
            4/4
            Commitment details
            Entire supply chain - Require
            4/4
            Type of policy: ILO; UNGP; UN Declaration for HR; Discrimination; Forced Labour; Child Labour; Freedom of association
            "Aegon recognizes fundamental human- and labor rights. States and companies have the responsibility to respect the freedoms and rights of humans as enshrined in the Universal Declaration of Human Rights, the Guiding Principles on Business and Human Rights and the core standards of the International Labour Organization (ILO). We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. Attracting, developing and retaining talent contributes to the success of businesses. Good employment conditions, and the promotion of employee satisfaction is important to promote a safe and healthy workplace. We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Aegon recognizes fundamental human- and labor rights. States and companies have the responsibility to respect the freedoms and rights of humans as enshrined in the Universal Declaration of Human Rights, the Guiding Principles on Business and Human Rights and the core standards of the International Labour Organization (ILO). We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. Attracting, developing and retaining talent contributes to the success of businesses. Good employment conditions, and the promotion of employee satisfaction is important to promote a safe and healthy workplace. We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Aegon recognizes fundamental human- and labor rights. States and companies have the responsibility to respect the freedoms and rights of humans as enshrined in the Universal Declaration of Human Rights, the Guiding Principles on Business and Human Rights and the core standards of the International Labour Organization (ILO). We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. Attracting, developing and retaining talent contributes to the success of businesses. Good employment conditions, and the promotion of employee satisfaction is important to promote a safe and healthy workplace. We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Aegon recognizes fundamental human- and labor rights. States and companies have the responsibility to respect the freedoms and rights of humans as enshrined in the Universal Declaration of Human Rights, the Guiding Principles on Business and Human Rights and the core standards of the International Labour Organization (ILO). We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. Attracting, developing and retaining talent contributes to the success of businesses. Good employment conditions, and the promotion of employee satisfaction is important to promote a safe and healthy workplace. We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Aegon recognizes fundamental human- and labor rights. States and companies have the responsibility to respect the freedoms and rights of humans as enshrined in the Universal Declaration of Human Rights, the Guiding Principles on Business and Human Rights and the core standards of the International Labour Organization (ILO). We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. Attracting, developing and retaining talent contributes to the success of businesses. Good employment conditions, and the promotion of employee satisfaction is important to promote a safe and healthy workplace. We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
        • Company must address gender equality issues
          5.6/5.6
          • Commitment details
            Both for whole SC - Required
            4/4
            Commitment details
            Both for whole SC - Required
            4/4
            "We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. [...] We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. [...] We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. [...] We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. [...] We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. [...] We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
    • Palm oil
      46/64
      • Commitment Strength
        30/42
        • Commodity-specific financing policy
          9.2/9.6
          • Commitment details
            Yes
            8/8
            Commitment details
            Yes
            8/8
            Type of policy: Reduce deforestation
            For producers and processors: "Aegon NL excludes companies that: Derive 5% or more of their revenues from palm oil production and/or distribution." For all other stages of supply chain (ie. companies deriving less than 5% of their revenue from palm oil): "Do agriculture companies prevent the burning of naturally occurring ecosystems (e.g. forests and savanna) for the purpose of land clearing to establish large-scale agricultural plantations? Do agricultural companies have ‘No Deforestation, No Peat, No Exploitation’ (NDPE) in place? [...] Where it is determined that further engagement with a company is unlikely to yield the required results set out in the engagement plan, Aegon NL may decide to add the company to its exclusion list and / or divest its existing investments."
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
            Only Dutch version of company - For producers and processors: "Aegon NL excludes companies that: Derive 5% or more of their revenues from palm oil production and/or distribution." For all other stages of supply chain (ie. companies deriving less than 5% of their revenue from palm oil): "Do agriculture companies prevent the burning of naturally occurring ecosystems (e.g. forests and savanna) for the purpose of land clearing to establish large-scale agricultural plantations? Do agricultural companies have ‘No Deforestation, No Peat, No Exploitation’ (NDPE) in place? [...] Where it is determined that further engagement with a company is unlikely to yield the required results set out in the engagement plan, Aegon NL may decide to add the company to its exclusion list and / or divest its existing investments."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            For producers and processors: "Aegon NL excludes companies that: Derive 5% or more of their revenues from palm oil production and/or distribution." For all other stages of supply chain (ie. companies deriving less than 5% of their revenue from palm oil): "Do agriculture companies prevent the burning of naturally occurring ecosystems (e.g. forests and savanna) for the purpose of land clearing to establish large-scale agricultural plantations? Do agricultural companies have ‘No Deforestation, No Peat, No Exploitation’ (NDPE) in place? [...] Where it is determined that further engagement with a company is unlikely to yield the required results set out in the engagement plan, Aegon NL may decide to add the company to its exclusion list and / or divest its existing investments."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            For producers and processors: "Aegon NL excludes companies that: Derive 5% or more of their revenues from palm oil production and/or distribution." For all other stages of supply chain (ie. companies deriving less than 5% of their revenue from palm oil): "Do agriculture companies prevent the burning of naturally occurring ecosystems (e.g. forests and savanna) for the purpose of land clearing to establish large-scale agricultural plantations? Do agricultural companies have ‘No Deforestation, No Peat, No Exploitation’ (NDPE) in place? [...] Where it is determined that further engagement with a company is unlikely to yield the required results set out in the engagement plan, Aegon NL may decide to add the company to its exclusion list and / or divest its existing investments."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            For producers and processors: "Aegon NL excludes companies that: Derive 5% or more of their revenues from palm oil production and/or distribution." For all other stages of supply chain (ie. companies deriving less than 5% of their revenue from palm oil): "Do agriculture companies prevent the burning of naturally occurring ecosystems (e.g. forests and savanna) for the purpose of land clearing to establish large-scale agricultural plantations? Do agricultural companies have ‘No Deforestation, No Peat, No Exploitation’ (NDPE) in place? [...] Where it is determined that further engagement with a company is unlikely to yield the required results set out in the engagement plan, Aegon NL may decide to add the company to its exclusion list and / or divest its existing investments."
        • Companies must be legally operated
          2.6/5.6
          • Commitment details
            Own operations - Encourage
            1/4
            Commitment details
            Own operations - Encourage
            1/4
            [Translation] "Dealing with business partners Aegon is committed to dealing with business partners who share our values [...] Complying with laws and regulations: Employees must comply with applicable laws and regulations as well as with internal policies and company rules, including this Code of Conduct."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            [Translation] "Dealing with business partners Aegon is committed to dealing with business partners who share our values [...] Complying with laws and regulations: Employees must comply with applicable laws and regulations as well as with internal policies and company rules, including this Code of Conduct."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            [Translation] "Dealing with business partners Aegon is committed to dealing with business partners who share our values [...] Complying with laws and regulations: Employees must comply with applicable laws and regulations as well as with internal policies and company rules, including this Code of Conduct."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            [Translation] "Dealing with business partners Aegon is committed to dealing with business partners who share our values [...] Complying with laws and regulations: Employees must comply with applicable laws and regulations as well as with internal policies and company rules, including this Code of Conduct."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            [Translation] "Dealing with business partners Aegon is committed to dealing with business partners who share our values [...] Complying with laws and regulations: Employees must comply with applicable laws and regulations as well as with internal policies and company rules, including this Code of Conduct."
        • Companies must protect priority forests or globally important landscapes
          7.2/9.6
          • Commitment details
            All high priority landscapes - Encouraged
            6/8
            Commitment details
            All high priority landscapes - Encouraged
            6/8
            "We have identified the below criteria for consideration which can be included when making investments and related decisions with respect to biodiversity: Do companies actively seek to prevent their products and operations from having a negative impact on UNESCO World Heritage sites, IUCN protected areas, and wetlands as defined in the Ramsar Convention on Wetlands of International Importance? Do companies act to prevent deforestation (e.g. by planting new forests when clearing existing forests) and protect natural forests (including old growth forests, bogs, mangroves, peatlands and rainforests) as described in the High Conservation Value (HCV) concept? [...] Do forest construction companies identify and protect High Conservation Value (HCV) areas within the forests they manage and identify and protect High Carbon Stock (HCS) forests? [...] Aegon NL believes that governments, companies and investors have a responsibility to care for nature, the environment, water resources, and to preserve biodiversity. We expect companies to take measures on these issues where they can."
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
            "We have identified the below criteria for consideration which can be included when making investments and related decisions with respect to biodiversity: Do companies actively seek to prevent their products and operations from having a negative impact on UNESCO World Heritage sites, IUCN protected areas, and wetlands as defined in the Ramsar Convention on Wetlands of International Importance? Do companies act to prevent deforestation (e.g. by planting new forests when clearing existing forests) and protect natural forests (including old growth forests, bogs, mangroves, peatlands and rainforests) as described in the High Conservation Value (HCV) concept? [...] Do forest construction companies identify and protect High Conservation Value (HCV) areas within the forests they manage and identify and protect High Carbon Stock (HCS) forests? [...] Aegon NL believes that governments, companies and investors have a responsibility to care for nature, the environment, water resources, and to preserve biodiversity. We expect companies to take measures on these issues where they can."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "We have identified the below criteria for consideration which can be included when making investments and related decisions with respect to biodiversity: Do companies actively seek to prevent their products and operations from having a negative impact on UNESCO World Heritage sites, IUCN protected areas, and wetlands as defined in the Ramsar Convention on Wetlands of International Importance? Do companies act to prevent deforestation (e.g. by planting new forests when clearing existing forests) and protect natural forests (including old growth forests, bogs, mangroves, peatlands and rainforests) as described in the High Conservation Value (HCV) concept? [...] Do forest construction companies identify and protect High Conservation Value (HCV) areas within the forests they manage and identify and protect High Carbon Stock (HCS) forests? [...] Aegon NL believes that governments, companies and investors have a responsibility to care for nature, the environment, water resources, and to preserve biodiversity. We expect companies to take measures on these issues where they can."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "We have identified the below criteria for consideration which can be included when making investments and related decisions with respect to biodiversity: Do companies actively seek to prevent their products and operations from having a negative impact on UNESCO World Heritage sites, IUCN protected areas, and wetlands as defined in the Ramsar Convention on Wetlands of International Importance? Do companies act to prevent deforestation (e.g. by planting new forests when clearing existing forests) and protect natural forests (including old growth forests, bogs, mangroves, peatlands and rainforests) as described in the High Conservation Value (HCV) concept? [...] Do forest construction companies identify and protect High Conservation Value (HCV) areas within the forests they manage and identify and protect High Carbon Stock (HCS) forests? [...] Aegon NL believes that governments, companies and investors have a responsibility to care for nature, the environment, water resources, and to preserve biodiversity. We expect companies to take measures on these issues where they can."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "We have identified the below criteria for consideration which can be included when making investments and related decisions with respect to biodiversity: Do companies actively seek to prevent their products and operations from having a negative impact on UNESCO World Heritage sites, IUCN protected areas, and wetlands as defined in the Ramsar Convention on Wetlands of International Importance? Do companies act to prevent deforestation (e.g. by planting new forests when clearing existing forests) and protect natural forests (including old growth forests, bogs, mangroves, peatlands and rainforests) as described in the High Conservation Value (HCV) concept? [...] Do forest construction companies identify and protect High Conservation Value (HCV) areas within the forests they manage and identify and protect High Carbon Stock (HCS) forests? [...] Aegon NL believes that governments, companies and investors have a responsibility to care for nature, the environment, water resources, and to preserve biodiversity. We expect companies to take measures on these issues where they can."
        • Assurance mechanism to ensure compliance
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          5.6/5.6
          • Commitment details
            Yes - Require
            4/4
            Commitment details
            Yes - Require
            4/4
            "Companies are also expected to provide a robust whistleblowing mechanism which allows employees and third parties to report on violations of workplace rules on health, safety and employee welfare."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Companies are also expected to provide a robust whistleblowing mechanism which allows employees and third parties to report on violations of workplace rules on health, safety and employee welfare."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Companies are also expected to provide a robust whistleblowing mechanism which allows employees and third parties to report on violations of workplace rules on health, safety and employee welfare."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Companies are also expected to provide a robust whistleblowing mechanism which allows employees and third parties to report on violations of workplace rules on health, safety and employee welfare."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Companies are also expected to provide a robust whistleblowing mechanism which allows employees and third parties to report on violations of workplace rules on health, safety and employee welfare."
        • Commitments must be timebound
          5/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Type of policy: Compliance is prerequisite for financing
            "Aegon NL excludes companies that: Derive 5% or more of their revenues from palm oil production and/or distribution"
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
            "Aegon NL excludes companies that: Derive 5% or more of their revenues from palm oil production and/or distribution"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Aegon NL excludes companies that: Derive 5% or more of their revenues from palm oil production and/or distribution"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Aegon NL excludes companies that: Derive 5% or more of their revenues from palm oil production and/or distribution"
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "Aegon NL excludes companies that: Derive 5% or more of their revenues from palm oil production and/or distribution"
      • Social Considerations
        16/22
        • Company must ensure Free, Prior and Informed Consent
          5.2/5.6
          • Commitment details
            Yes - Require
            4/4
            Commitment details
            Yes - Require
            4/4
            (translation) "Also forest areas can only be obtained with Free, Prior, and Informed Consent from indigenous populations".
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
            Commitment is only for Aegon Netherlands
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Aegon NL believes that all governments and companies have a responsibility to respect and protect the freedoms and rights of all human beings. This responsibility requires governments and companies to avoid causing or adversely contributing to human rights breaches through their own activities. In the case of companies, it also includes preventing or remedying human rights breaches directly arising from their operations, products and/or services [...] Do companies respect the UN Declaration on the Rights of Indigenous Peoples? When considering this, Aegon NL will look to assess whether companies have an appropriate policy on the protection and consultation of local and indigenous communities and look to obtain Free, Prior and Informed Consent where relevant [...] Where it is determined that further engagement with a company is unlikely to yield the required results set out in the engagement plan, Aegon NL may decide to add the company to its exclusion list and / or divest its existing investments."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Aegon NL believes that all governments and companies have a responsibility to respect and protect the freedoms and rights of all human beings. This responsibility requires governments and companies to avoid causing or adversely contributing to human rights breaches through their own activities. In the case of companies, it also includes preventing or remedying human rights breaches directly arising from their operations, products and/or services [...] Do companies respect the UN Declaration on the Rights of Indigenous Peoples? When considering this, Aegon NL will look to assess whether companies have an appropriate policy on the protection and consultation of local and indigenous communities and look to obtain Free, Prior and Informed Consent where relevant [...] Where it is determined that further engagement with a company is unlikely to yield the required results set out in the engagement plan, Aegon NL may decide to add the company to its exclusion list and / or divest its existing investments."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Aegon NL believes that all governments and companies have a responsibility to respect and protect the freedoms and rights of all human beings. This responsibility requires governments and companies to avoid causing or adversely contributing to human rights breaches through their own activities. In the case of companies, it also includes preventing or remedying human rights breaches directly arising from their operations, products and/or services [...] Do companies respect the UN Declaration on the Rights of Indigenous Peoples? When considering this, Aegon NL will look to assess whether companies have an appropriate policy on the protection and consultation of local and indigenous communities and look to obtain Free, Prior and Informed Consent where relevant [...] Where it is determined that further engagement with a company is unlikely to yield the required results set out in the engagement plan, Aegon NL may decide to add the company to its exclusion list and / or divest its existing investments."
        • Company must respect labour rights
          5.6/5.6
          • Commitment details
            Entire supply chain - Require
            4/4
            Commitment details
            Entire supply chain - Require
            4/4
            Type of policy: ILO; UNGP; UN Declaration for HR; Discrimination; Forced Labour; Child Labour; Freedom of association
            "Aegon recognizes fundamental human- and labor rights. States and companies have the responsibility to respect the freedoms and rights of humans as enshrined in the Universal Declaration of Human Rights, the Guiding Principles on Business and Human Rights and the core standards of the International Labour Organization (ILO). We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. Attracting, developing and retaining talent contributes to the success of businesses. Good employment conditions, and the promotion of employee satisfaction is important to promote a safe and healthy workplace. We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Aegon recognizes fundamental human- and labor rights. States and companies have the responsibility to respect the freedoms and rights of humans as enshrined in the Universal Declaration of Human Rights, the Guiding Principles on Business and Human Rights and the core standards of the International Labour Organization (ILO). We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. Attracting, developing and retaining talent contributes to the success of businesses. Good employment conditions, and the promotion of employee satisfaction is important to promote a safe and healthy workplace. We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Aegon recognizes fundamental human- and labor rights. States and companies have the responsibility to respect the freedoms and rights of humans as enshrined in the Universal Declaration of Human Rights, the Guiding Principles on Business and Human Rights and the core standards of the International Labour Organization (ILO). We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. Attracting, developing and retaining talent contributes to the success of businesses. Good employment conditions, and the promotion of employee satisfaction is important to promote a safe and healthy workplace. We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Aegon recognizes fundamental human- and labor rights. States and companies have the responsibility to respect the freedoms and rights of humans as enshrined in the Universal Declaration of Human Rights, the Guiding Principles on Business and Human Rights and the core standards of the International Labour Organization (ILO). We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. Attracting, developing and retaining talent contributes to the success of businesses. Good employment conditions, and the promotion of employee satisfaction is important to promote a safe and healthy workplace. We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Aegon recognizes fundamental human- and labor rights. States and companies have the responsibility to respect the freedoms and rights of humans as enshrined in the Universal Declaration of Human Rights, the Guiding Principles on Business and Human Rights and the core standards of the International Labour Organization (ILO). We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. Attracting, developing and retaining talent contributes to the success of businesses. Good employment conditions, and the promotion of employee satisfaction is important to promote a safe and healthy workplace. We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
        • Company must address gender equality issues
          5.6/5.6
          • Commitment details
            Both for whole SC - Required
            4/4
            Commitment details
            Both for whole SC - Required
            4/4
            "We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. [...] We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. [...] We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. [...] We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. [...] We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. [...] We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
    • Soy
      32/64
      • Commitment Strength
        15/42
        • Commodity-specific financing policy
          0/9.6
          • Commitment details
            No
            0/8
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must be legally operated
          2.6/5.6
          • Commitment details
            Own operations - Encourage
            1/4
            Commitment details
            Own operations - Encourage
            1/4
            [Translation] "Dealing with business partners Aegon is committed to dealing with business partners who share our values [...] Complying with laws and regulations: Employees must comply with applicable laws and regulations as well as with internal policies and company rules, including this Code of Conduct."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            [Translation] "Dealing with business partners Aegon is committed to dealing with business partners who share our values [...] Complying with laws and regulations: Employees must comply with applicable laws and regulations as well as with internal policies and company rules, including this Code of Conduct."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            [Translation] "Dealing with business partners Aegon is committed to dealing with business partners who share our values [...] Complying with laws and regulations: Employees must comply with applicable laws and regulations as well as with internal policies and company rules, including this Code of Conduct."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            [Translation] "Dealing with business partners Aegon is committed to dealing with business partners who share our values [...] Complying with laws and regulations: Employees must comply with applicable laws and regulations as well as with internal policies and company rules, including this Code of Conduct."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            [Translation] "Dealing with business partners Aegon is committed to dealing with business partners who share our values [...] Complying with laws and regulations: Employees must comply with applicable laws and regulations as well as with internal policies and company rules, including this Code of Conduct."
        • Companies must protect priority forests or globally important landscapes
          7.2/9.6
          • Commitment details
            All high priority landscapes - Encouraged
            6/8
            Commitment details
            All high priority landscapes - Encouraged
            6/8
            "We have identified the below criteria for consideration which can be included when making investments and related decisions with respect to biodiversity: Do companies actively seek to prevent their products and operations from having a negative impact on UNESCO World Heritage sites, IUCN protected areas, and wetlands as defined in the Ramsar Convention on Wetlands of International Importance? Do companies act to prevent deforestation (e.g. by planting new forests when clearing existing forests) and protect natural forests (including old growth forests, bogs, mangroves, peatlands and rainforests) as described in the High Conservation Value (HCV) concept? [...] Do forest construction companies identify and protect High Conservation Value (HCV) areas within the forests they manage and identify and protect High Carbon Stock (HCS) forests? [...] Aegon NL believes that governments, companies and investors have a responsibility to care for nature, the environment, water resources, and to preserve biodiversity. We expect companies to take measures on these issues where they can."
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
            "We have identified the below criteria for consideration which can be included when making investments and related decisions with respect to biodiversity: Do companies actively seek to prevent their products and operations from having a negative impact on UNESCO World Heritage sites, IUCN protected areas, and wetlands as defined in the Ramsar Convention on Wetlands of International Importance? Do companies act to prevent deforestation (e.g. by planting new forests when clearing existing forests) and protect natural forests (including old growth forests, bogs, mangroves, peatlands and rainforests) as described in the High Conservation Value (HCV) concept? [...] Do forest construction companies identify and protect High Conservation Value (HCV) areas within the forests they manage and identify and protect High Carbon Stock (HCS) forests? [...] Aegon NL believes that governments, companies and investors have a responsibility to care for nature, the environment, water resources, and to preserve biodiversity. We expect companies to take measures on these issues where they can."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "We have identified the below criteria for consideration which can be included when making investments and related decisions with respect to biodiversity: Do companies actively seek to prevent their products and operations from having a negative impact on UNESCO World Heritage sites, IUCN protected areas, and wetlands as defined in the Ramsar Convention on Wetlands of International Importance? Do companies act to prevent deforestation (e.g. by planting new forests when clearing existing forests) and protect natural forests (including old growth forests, bogs, mangroves, peatlands and rainforests) as described in the High Conservation Value (HCV) concept? [...] Do forest construction companies identify and protect High Conservation Value (HCV) areas within the forests they manage and identify and protect High Carbon Stock (HCS) forests? [...] Aegon NL believes that governments, companies and investors have a responsibility to care for nature, the environment, water resources, and to preserve biodiversity. We expect companies to take measures on these issues where they can."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "We have identified the below criteria for consideration which can be included when making investments and related decisions with respect to biodiversity: Do companies actively seek to prevent their products and operations from having a negative impact on UNESCO World Heritage sites, IUCN protected areas, and wetlands as defined in the Ramsar Convention on Wetlands of International Importance? Do companies act to prevent deforestation (e.g. by planting new forests when clearing existing forests) and protect natural forests (including old growth forests, bogs, mangroves, peatlands and rainforests) as described in the High Conservation Value (HCV) concept? [...] Do forest construction companies identify and protect High Conservation Value (HCV) areas within the forests they manage and identify and protect High Carbon Stock (HCS) forests? [...] Aegon NL believes that governments, companies and investors have a responsibility to care for nature, the environment, water resources, and to preserve biodiversity. We expect companies to take measures on these issues where they can."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "We have identified the below criteria for consideration which can be included when making investments and related decisions with respect to biodiversity: Do companies actively seek to prevent their products and operations from having a negative impact on UNESCO World Heritage sites, IUCN protected areas, and wetlands as defined in the Ramsar Convention on Wetlands of International Importance? Do companies act to prevent deforestation (e.g. by planting new forests when clearing existing forests) and protect natural forests (including old growth forests, bogs, mangroves, peatlands and rainforests) as described in the High Conservation Value (HCV) concept? [...] Do forest construction companies identify and protect High Conservation Value (HCV) areas within the forests they manage and identify and protect High Carbon Stock (HCS) forests? [...] Aegon NL believes that governments, companies and investors have a responsibility to care for nature, the environment, water resources, and to preserve biodiversity. We expect companies to take measures on these issues where they can."
        • Assurance mechanism to ensure compliance
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must have a grievance mechanism
          5.6/5.6
          • Commitment details
            Yes - Require
            4/4
            Commitment details
            Yes - Require
            4/4
            "Companies are also expected to provide a robust whistleblowing mechanism which allows employees and third parties to report on violations of workplace rules on health, safety and employee welfare."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Companies are also expected to provide a robust whistleblowing mechanism which allows employees and third parties to report on violations of workplace rules on health, safety and employee welfare."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Companies are also expected to provide a robust whistleblowing mechanism which allows employees and third parties to report on violations of workplace rules on health, safety and employee welfare."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Companies are also expected to provide a robust whistleblowing mechanism which allows employees and third parties to report on violations of workplace rules on health, safety and employee welfare."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Companies are also expected to provide a robust whistleblowing mechanism which allows employees and third parties to report on violations of workplace rules on health, safety and employee welfare."
        • Commitments must be timebound
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        16/22
        • Company must ensure Free, Prior and Informed Consent
          5.2/5.6
          • Commitment details
            Yes - Require
            4/4
            Commitment details
            Yes - Require
            4/4
            (translation) "Also forest areas can only be obtained with Free, Prior, and Informed Consent from indigenous populations".
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
            Commitment is only for Aegon Netherlands
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Aegon NL believes that all governments and companies have a responsibility to respect and protect the freedoms and rights of all human beings. This responsibility requires governments and companies to avoid causing or adversely contributing to human rights breaches through their own activities. In the case of companies, it also includes preventing or remedying human rights breaches directly arising from their operations, products and/or services [...] Do companies respect the UN Declaration on the Rights of Indigenous Peoples? When considering this, Aegon NL will look to assess whether companies have an appropriate policy on the protection and consultation of local and indigenous communities and look to obtain Free, Prior and Informed Consent where relevant [...] Where it is determined that further engagement with a company is unlikely to yield the required results set out in the engagement plan, Aegon NL may decide to add the company to its exclusion list and / or divest its existing investments."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Aegon NL believes that all governments and companies have a responsibility to respect and protect the freedoms and rights of all human beings. This responsibility requires governments and companies to avoid causing or adversely contributing to human rights breaches through their own activities. In the case of companies, it also includes preventing or remedying human rights breaches directly arising from their operations, products and/or services [...] Do companies respect the UN Declaration on the Rights of Indigenous Peoples? When considering this, Aegon NL will look to assess whether companies have an appropriate policy on the protection and consultation of local and indigenous communities and look to obtain Free, Prior and Informed Consent where relevant [...] Where it is determined that further engagement with a company is unlikely to yield the required results set out in the engagement plan, Aegon NL may decide to add the company to its exclusion list and / or divest its existing investments."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Aegon NL believes that all governments and companies have a responsibility to respect and protect the freedoms and rights of all human beings. This responsibility requires governments and companies to avoid causing or adversely contributing to human rights breaches through their own activities. In the case of companies, it also includes preventing or remedying human rights breaches directly arising from their operations, products and/or services [...] Do companies respect the UN Declaration on the Rights of Indigenous Peoples? When considering this, Aegon NL will look to assess whether companies have an appropriate policy on the protection and consultation of local and indigenous communities and look to obtain Free, Prior and Informed Consent where relevant [...] Where it is determined that further engagement with a company is unlikely to yield the required results set out in the engagement plan, Aegon NL may decide to add the company to its exclusion list and / or divest its existing investments."
        • Company must respect labour rights
          5.6/5.6
          • Commitment details
            Entire supply chain - Require
            4/4
            Commitment details
            Entire supply chain - Require
            4/4
            Type of policy: ILO; UNGP; UN Declaration for HR; Discrimination; Forced Labour; Child Labour; Freedom of association
            "Aegon recognizes fundamental human- and labor rights. States and companies have the responsibility to respect the freedoms and rights of humans as enshrined in the Universal Declaration of Human Rights, the Guiding Principles on Business and Human Rights and the core standards of the International Labour Organization (ILO). We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. Attracting, developing and retaining talent contributes to the success of businesses. Good employment conditions, and the promotion of employee satisfaction is important to promote a safe and healthy workplace. We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Aegon recognizes fundamental human- and labor rights. States and companies have the responsibility to respect the freedoms and rights of humans as enshrined in the Universal Declaration of Human Rights, the Guiding Principles on Business and Human Rights and the core standards of the International Labour Organization (ILO). We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. Attracting, developing and retaining talent contributes to the success of businesses. Good employment conditions, and the promotion of employee satisfaction is important to promote a safe and healthy workplace. We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Aegon recognizes fundamental human- and labor rights. States and companies have the responsibility to respect the freedoms and rights of humans as enshrined in the Universal Declaration of Human Rights, the Guiding Principles on Business and Human Rights and the core standards of the International Labour Organization (ILO). We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. Attracting, developing and retaining talent contributes to the success of businesses. Good employment conditions, and the promotion of employee satisfaction is important to promote a safe and healthy workplace. We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Aegon recognizes fundamental human- and labor rights. States and companies have the responsibility to respect the freedoms and rights of humans as enshrined in the Universal Declaration of Human Rights, the Guiding Principles on Business and Human Rights and the core standards of the International Labour Organization (ILO). We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. Attracting, developing and retaining talent contributes to the success of businesses. Good employment conditions, and the promotion of employee satisfaction is important to promote a safe and healthy workplace. We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Aegon recognizes fundamental human- and labor rights. States and companies have the responsibility to respect the freedoms and rights of humans as enshrined in the Universal Declaration of Human Rights, the Guiding Principles on Business and Human Rights and the core standards of the International Labour Organization (ILO). We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. Attracting, developing and retaining talent contributes to the success of businesses. Good employment conditions, and the promotion of employee satisfaction is important to promote a safe and healthy workplace. We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
        • Company must address gender equality issues
          5.6/5.6
          • Commitment details
            Both for whole SC - Required
            4/4
            Commitment details
            Both for whole SC - Required
            4/4
            "We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. [...] We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. [...] We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. [...] We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. [...] We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. [...] We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
    • Timber, Pulp & Paper
      50/64
      • Commitment Strength
        33/42
        • Commodity-specific financing policy
          9.2/9.6
          • Commitment details
            Yes
            8/8
            Commitment details
            Yes
            8/8
            Type of policy: Zero net deforestation
            "We have identified the below criteria for consideration which can be included when makinginvestments and related decisions with respect to biodiversity: [...] Forestry:9. Do companies act to prevent deforestation (e.g. by planting new forests when clearingexisting forests) and protect natural forests (including old growth forests, bogs,mangroves, peatlands and rainforests) as described in the High Conservation Value(HCV) concept?10. Do companies throughout the wood supply chain work to prevent the usage of illegallycut and traded timber and only use timber in their operations that has been certified inaccordance with the criteria of the Forest Stewardship Council (FSC)?11. Are the production chains of timber traders and companies involved in the wood productchain (including pulp, paper, veneer, and furniture producers) certified according to theFSC Chain of Custody criteria?12. Do forest construction companies identify and protect High Conservation Value (HCV)areas within the forests they manage and identify and protect High Carbon Stock (HCS)forests? [...] Where it is determined that further engagement with a company is unlikely to yield the required results set out in the engagement plan, Aegon NL may decide to add the company to its exclusion list and / or divest its existing investments. In addition, Aegon NL excludes companies that: [...] Manage forests with 75% or lower FSC certification coverage."
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
            "We have identified the below criteria for consideration which can be included when makinginvestments and related decisions with respect to biodiversity: [...] Forestry:9. Do companies act to prevent deforestation (e.g. by planting new forests when clearingexisting forests) and protect natural forests (including old growth forests, bogs,mangroves, peatlands and rainforests) as described in the High Conservation Value(HCV) concept?10. Do companies throughout the wood supply chain work to prevent the usage of illegallycut and traded timber and only use timber in their operations that has been certified inaccordance with the criteria of the Forest Stewardship Council (FSC)?11. Are the production chains of timber traders and companies involved in the wood productchain (including pulp, paper, veneer, and furniture producers) certified according to theFSC Chain of Custody criteria?12. Do forest construction companies identify and protect High Conservation Value (HCV)areas within the forests they manage and identify and protect High Carbon Stock (HCS)forests? [...] Where it is determined that further engagement with a company is unlikely to yield the required results set out in the engagement plan, Aegon NL may decide to add the company to its exclusion list and / or divest its existing investments. In addition, Aegon NL excludes companies that: [...] Manage forests with 75% or lower FSC certification coverage."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "We have identified the below criteria for consideration which can be included when makinginvestments and related decisions with respect to biodiversity: [...] Forestry:9. Do companies act to prevent deforestation (e.g. by planting new forests when clearingexisting forests) and protect natural forests (including old growth forests, bogs,mangroves, peatlands and rainforests) as described in the High Conservation Value(HCV) concept?10. Do companies throughout the wood supply chain work to prevent the usage of illegallycut and traded timber and only use timber in their operations that has been certified inaccordance with the criteria of the Forest Stewardship Council (FSC)?11. Are the production chains of timber traders and companies involved in the wood productchain (including pulp, paper, veneer, and furniture producers) certified according to theFSC Chain of Custody criteria?12. Do forest construction companies identify and protect High Conservation Value (HCV)areas within the forests they manage and identify and protect High Carbon Stock (HCS)forests? [...] Where it is determined that further engagement with a company is unlikely to yield the required results set out in the engagement plan, Aegon NL may decide to add the company to its exclusion list and / or divest its existing investments. In addition, Aegon NL excludes companies that: [...] Manage forests with 75% or lower FSC certification coverage."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "We have identified the below criteria for consideration which can be included when makinginvestments and related decisions with respect to biodiversity: [...] Forestry:9. Do companies act to prevent deforestation (e.g. by planting new forests when clearingexisting forests) and protect natural forests (including old growth forests, bogs,mangroves, peatlands and rainforests) as described in the High Conservation Value(HCV) concept?10. Do companies throughout the wood supply chain work to prevent the usage of illegallycut and traded timber and only use timber in their operations that has been certified inaccordance with the criteria of the Forest Stewardship Council (FSC)?11. Are the production chains of timber traders and companies involved in the wood productchain (including pulp, paper, veneer, and furniture producers) certified according to theFSC Chain of Custody criteria?12. Do forest construction companies identify and protect High Conservation Value (HCV)areas within the forests they manage and identify and protect High Carbon Stock (HCS)forests? [...] Where it is determined that further engagement with a company is unlikely to yield the required results set out in the engagement plan, Aegon NL may decide to add the company to its exclusion list and / or divest its existing investments. In addition, Aegon NL excludes companies that: [...] Manage forests with 75% or lower FSC certification coverage."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "We have identified the below criteria for consideration which can be included when makinginvestments and related decisions with respect to biodiversity: [...] Forestry:9. Do companies act to prevent deforestation (e.g. by planting new forests when clearingexisting forests) and protect natural forests (including old growth forests, bogs,mangroves, peatlands and rainforests) as described in the High Conservation Value(HCV) concept?10. Do companies throughout the wood supply chain work to prevent the usage of illegallycut and traded timber and only use timber in their operations that has been certified inaccordance with the criteria of the Forest Stewardship Council (FSC)?11. Are the production chains of timber traders and companies involved in the wood productchain (including pulp, paper, veneer, and furniture producers) certified according to theFSC Chain of Custody criteria?12. Do forest construction companies identify and protect High Conservation Value (HCV)areas within the forests they manage and identify and protect High Carbon Stock (HCS)forests? [...] Where it is determined that further engagement with a company is unlikely to yield the required results set out in the engagement plan, Aegon NL may decide to add the company to its exclusion list and / or divest its existing investments. In addition, Aegon NL excludes companies that: [...] Manage forests with 75% or lower FSC certification coverage."
        • Companies must be legally operated
          2.6/5.6
          • Commitment details
            Own operations - Encourage
            1/4
            Commitment details
            Own operations - Encourage
            1/4
            [Translation] "Dealing with business partners Aegon is committed to dealing with business partners who share our values [...] Complying with laws and regulations: Employees must comply with applicable laws and regulations as well as with internal policies and company rules, including this Code of Conduct."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            [Translation] "Dealing with business partners Aegon is committed to dealing with business partners who share our values [...] Complying with laws and regulations: Employees must comply with applicable laws and regulations as well as with internal policies and company rules, including this Code of Conduct."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            [Translation] "Dealing with business partners Aegon is committed to dealing with business partners who share our values [...] Complying with laws and regulations: Employees must comply with applicable laws and regulations as well as with internal policies and company rules, including this Code of Conduct."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            [Translation] "Dealing with business partners Aegon is committed to dealing with business partners who share our values [...] Complying with laws and regulations: Employees must comply with applicable laws and regulations as well as with internal policies and company rules, including this Code of Conduct."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            [Translation] "Dealing with business partners Aegon is committed to dealing with business partners who share our values [...] Complying with laws and regulations: Employees must comply with applicable laws and regulations as well as with internal policies and company rules, including this Code of Conduct."
        • Companies must protect priority forests or globally important landscapes
          7.2/9.6
          • Commitment details
            All high priority landscapes - Encouraged
            6/8
            Commitment details
            All high priority landscapes - Encouraged
            6/8
            "We have identified the below criteria for consideration which can be included when making investments and related decisions with respect to biodiversity: Do companies actively seek to prevent their products and operations from having a negative impact on UNESCO World Heritage sites, IUCN protected areas, and wetlands as defined in the Ramsar Convention on Wetlands of International Importance? Do companies act to prevent deforestation (e.g. by planting new forests when clearing existing forests) and protect natural forests (including old growth forests, bogs, mangroves, peatlands and rainforests) as described in the High Conservation Value (HCV) concept? [...] Do forest construction companies identify and protect High Conservation Value (HCV) areas within the forests they manage and identify and protect High Carbon Stock (HCS) forests? [...] Aegon NL believes that governments, companies and investors have a responsibility to care for nature, the environment, water resources, and to preserve biodiversity. We expect companies to take measures on these issues where they can."
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
            "We have identified the below criteria for consideration which can be included when making investments and related decisions with respect to biodiversity: Do companies actively seek to prevent their products and operations from having a negative impact on UNESCO World Heritage sites, IUCN protected areas, and wetlands as defined in the Ramsar Convention on Wetlands of International Importance? Do companies act to prevent deforestation (e.g. by planting new forests when clearing existing forests) and protect natural forests (including old growth forests, bogs, mangroves, peatlands and rainforests) as described in the High Conservation Value (HCV) concept? [...] Do forest construction companies identify and protect High Conservation Value (HCV) areas within the forests they manage and identify and protect High Carbon Stock (HCS) forests? [...] Aegon NL believes that governments, companies and investors have a responsibility to care for nature, the environment, water resources, and to preserve biodiversity. We expect companies to take measures on these issues where they can."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "We have identified the below criteria for consideration which can be included when making investments and related decisions with respect to biodiversity: Do companies actively seek to prevent their products and operations from having a negative impact on UNESCO World Heritage sites, IUCN protected areas, and wetlands as defined in the Ramsar Convention on Wetlands of International Importance? Do companies act to prevent deforestation (e.g. by planting new forests when clearing existing forests) and protect natural forests (including old growth forests, bogs, mangroves, peatlands and rainforests) as described in the High Conservation Value (HCV) concept? [...] Do forest construction companies identify and protect High Conservation Value (HCV) areas within the forests they manage and identify and protect High Carbon Stock (HCS) forests? [...] Aegon NL believes that governments, companies and investors have a responsibility to care for nature, the environment, water resources, and to preserve biodiversity. We expect companies to take measures on these issues where they can."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "We have identified the below criteria for consideration which can be included when making investments and related decisions with respect to biodiversity: Do companies actively seek to prevent their products and operations from having a negative impact on UNESCO World Heritage sites, IUCN protected areas, and wetlands as defined in the Ramsar Convention on Wetlands of International Importance? Do companies act to prevent deforestation (e.g. by planting new forests when clearing existing forests) and protect natural forests (including old growth forests, bogs, mangroves, peatlands and rainforests) as described in the High Conservation Value (HCV) concept? [...] Do forest construction companies identify and protect High Conservation Value (HCV) areas within the forests they manage and identify and protect High Carbon Stock (HCS) forests? [...] Aegon NL believes that governments, companies and investors have a responsibility to care for nature, the environment, water resources, and to preserve biodiversity. We expect companies to take measures on these issues where they can."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "We have identified the below criteria for consideration which can be included when making investments and related decisions with respect to biodiversity: Do companies actively seek to prevent their products and operations from having a negative impact on UNESCO World Heritage sites, IUCN protected areas, and wetlands as defined in the Ramsar Convention on Wetlands of International Importance? Do companies act to prevent deforestation (e.g. by planting new forests when clearing existing forests) and protect natural forests (including old growth forests, bogs, mangroves, peatlands and rainforests) as described in the High Conservation Value (HCV) concept? [...] Do forest construction companies identify and protect High Conservation Value (HCV) areas within the forests they manage and identify and protect High Carbon Stock (HCS) forests? [...] Aegon NL believes that governments, companies and investors have a responsibility to care for nature, the environment, water resources, and to preserve biodiversity. We expect companies to take measures on these issues where they can."
        • Assurance mechanism to ensure compliance
          3.6/5.6
          • Commitment details
            Encourage
            2/4
            Commitment details
            Encourage
            2/4
            Certification scheme (if applicable): FSC

            Verification method: Certification Scheme
            "We have identified the below criteria for consideration which can be included when makinginvestments and related decisions with respect to biodiversity: [...] Forestry:9. Do companies act to prevent deforestation (e.g. by planting new forests when clearingexisting forests) and protect natural forests (including old growth forests, bogs,mangroves, peatlands and rainforests) as described in the High Conservation Value(HCV) concept?10. Do companies throughout the wood supply chain work to prevent the usage of illegallycut and traded timber and only use timber in their operations that has been certified inaccordance with the criteria of the Forest Stewardship Council (FSC)?11. Are the production chains of timber traders and companies involved in the wood productchain (including pulp, paper, veneer, and furniture producers) certified according to theFSC Chain of Custody criteria?12. Do forest construction companies identify and protect High Conservation Value (HCV)areas within the forests they manage and identify and protect High Carbon Stock (HCS)forests? [...] Where it is determined that further engagement with a company is unlikely to yield the required results set out in the engagement plan, Aegon NL may decide to add the company to its exclusion list and / or divest its existing investments. In addition, Aegon NL excludes companies that: [...] Manage forests with 75% or lower FSC certification coverage."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "We have identified the below criteria for consideration which can be included when makinginvestments and related decisions with respect to biodiversity: [...] Forestry:9. Do companies act to prevent deforestation (e.g. by planting new forests when clearingexisting forests) and protect natural forests (including old growth forests, bogs,mangroves, peatlands and rainforests) as described in the High Conservation Value(HCV) concept?10. Do companies throughout the wood supply chain work to prevent the usage of illegallycut and traded timber and only use timber in their operations that has been certified inaccordance with the criteria of the Forest Stewardship Council (FSC)?11. Are the production chains of timber traders and companies involved in the wood productchain (including pulp, paper, veneer, and furniture producers) certified according to theFSC Chain of Custody criteria?12. Do forest construction companies identify and protect High Conservation Value (HCV)areas within the forests they manage and identify and protect High Carbon Stock (HCS)forests? [...] Where it is determined that further engagement with a company is unlikely to yield the required results set out in the engagement plan, Aegon NL may decide to add the company to its exclusion list and / or divest its existing investments. In addition, Aegon NL excludes companies that: [...] Manage forests with 75% or lower FSC certification coverage."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "We have identified the below criteria for consideration which can be included when makinginvestments and related decisions with respect to biodiversity: [...] Forestry:9. Do companies act to prevent deforestation (e.g. by planting new forests when clearingexisting forests) and protect natural forests (including old growth forests, bogs,mangroves, peatlands and rainforests) as described in the High Conservation Value(HCV) concept?10. Do companies throughout the wood supply chain work to prevent the usage of illegallycut and traded timber and only use timber in their operations that has been certified inaccordance with the criteria of the Forest Stewardship Council (FSC)?11. Are the production chains of timber traders and companies involved in the wood productchain (including pulp, paper, veneer, and furniture producers) certified according to theFSC Chain of Custody criteria?12. Do forest construction companies identify and protect High Conservation Value (HCV)areas within the forests they manage and identify and protect High Carbon Stock (HCS)forests? [...] Where it is determined that further engagement with a company is unlikely to yield the required results set out in the engagement plan, Aegon NL may decide to add the company to its exclusion list and / or divest its existing investments. In addition, Aegon NL excludes companies that: [...] Manage forests with 75% or lower FSC certification coverage."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "We have identified the below criteria for consideration which can be included when makinginvestments and related decisions with respect to biodiversity: [...] Forestry:9. Do companies act to prevent deforestation (e.g. by planting new forests when clearingexisting forests) and protect natural forests (including old growth forests, bogs,mangroves, peatlands and rainforests) as described in the High Conservation Value(HCV) concept?10. Do companies throughout the wood supply chain work to prevent the usage of illegallycut and traded timber and only use timber in their operations that has been certified inaccordance with the criteria of the Forest Stewardship Council (FSC)?11. Are the production chains of timber traders and companies involved in the wood productchain (including pulp, paper, veneer, and furniture producers) certified according to theFSC Chain of Custody criteria?12. Do forest construction companies identify and protect High Conservation Value (HCV)areas within the forests they manage and identify and protect High Carbon Stock (HCS)forests? [...] Where it is determined that further engagement with a company is unlikely to yield the required results set out in the engagement plan, Aegon NL may decide to add the company to its exclusion list and / or divest its existing investments. In addition, Aegon NL excludes companies that: [...] Manage forests with 75% or lower FSC certification coverage."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "We have identified the below criteria for consideration which can be included when makinginvestments and related decisions with respect to biodiversity: [...] Forestry:9. Do companies act to prevent deforestation (e.g. by planting new forests when clearingexisting forests) and protect natural forests (including old growth forests, bogs,mangroves, peatlands and rainforests) as described in the High Conservation Value(HCV) concept?10. Do companies throughout the wood supply chain work to prevent the usage of illegallycut and traded timber and only use timber in their operations that has been certified inaccordance with the criteria of the Forest Stewardship Council (FSC)?11. Are the production chains of timber traders and companies involved in the wood productchain (including pulp, paper, veneer, and furniture producers) certified according to theFSC Chain of Custody criteria?12. Do forest construction companies identify and protect High Conservation Value (HCV)areas within the forests they manage and identify and protect High Carbon Stock (HCS)forests? [...] Where it is determined that further engagement with a company is unlikely to yield the required results set out in the engagement plan, Aegon NL may decide to add the company to its exclusion list and / or divest its existing investments. In addition, Aegon NL excludes companies that: [...] Manage forests with 75% or lower FSC certification coverage."
        • Companies must have a grievance mechanism
          5.6/5.6
          • Commitment details
            Yes - Require
            4/4
            Commitment details
            Yes - Require
            4/4
            "Companies are also expected to provide a robust whistleblowing mechanism which allows employees and third parties to report on violations of workplace rules on health, safety and employee welfare."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Companies are also expected to provide a robust whistleblowing mechanism which allows employees and third parties to report on violations of workplace rules on health, safety and employee welfare."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Companies are also expected to provide a robust whistleblowing mechanism which allows employees and third parties to report on violations of workplace rules on health, safety and employee welfare."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Companies are also expected to provide a robust whistleblowing mechanism which allows employees and third parties to report on violations of workplace rules on health, safety and employee welfare."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Companies are also expected to provide a robust whistleblowing mechanism which allows employees and third parties to report on violations of workplace rules on health, safety and employee welfare."
        • Commitments must be timebound
          5.2/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Type of policy: Compliance is prerequisite for financing
            "Aegon NL excludes companies that: [...] Manage forests with 75% or lower FSC certification coverage."
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
            "Aegon NL excludes companies that: [...] Manage forests with 75% or lower FSC certification coverage."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Aegon NL excludes companies that: [...] Manage forests with 75% or lower FSC certification coverage."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Aegon NL excludes companies that: [...] Manage forests with 75% or lower FSC certification coverage."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Aegon NL excludes companies that: [...] Manage forests with 75% or lower FSC certification coverage."
      • Social Considerations
        16/22
        • Company must ensure Free, Prior and Informed Consent
          5.2/5.6
          • Commitment details
            Yes - Require
            4/4
            Commitment details
            Yes - Require
            4/4
            (translation) "Also forest areas can only be obtained with Free, Prior, and Informed Consent from indigenous populations".
          • Policy applies to all operations and financing
            No
            0/0.4
            Policy applies to all operations and financing
            No
            0/0.4
            Commitment is only for Aegon Netherlands
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Aegon NL believes that all governments and companies have a responsibility to respect and protect the freedoms and rights of all human beings. This responsibility requires governments and companies to avoid causing or adversely contributing to human rights breaches through their own activities. In the case of companies, it also includes preventing or remedying human rights breaches directly arising from their operations, products and/or services [...] Do companies respect the UN Declaration on the Rights of Indigenous Peoples? When considering this, Aegon NL will look to assess whether companies have an appropriate policy on the protection and consultation of local and indigenous communities and look to obtain Free, Prior and Informed Consent where relevant [...] Where it is determined that further engagement with a company is unlikely to yield the required results set out in the engagement plan, Aegon NL may decide to add the company to its exclusion list and / or divest its existing investments."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Aegon NL believes that all governments and companies have a responsibility to respect and protect the freedoms and rights of all human beings. This responsibility requires governments and companies to avoid causing or adversely contributing to human rights breaches through their own activities. In the case of companies, it also includes preventing or remedying human rights breaches directly arising from their operations, products and/or services [...] Do companies respect the UN Declaration on the Rights of Indigenous Peoples? When considering this, Aegon NL will look to assess whether companies have an appropriate policy on the protection and consultation of local and indigenous communities and look to obtain Free, Prior and Informed Consent where relevant [...] Where it is determined that further engagement with a company is unlikely to yield the required results set out in the engagement plan, Aegon NL may decide to add the company to its exclusion list and / or divest its existing investments."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Aegon NL believes that all governments and companies have a responsibility to respect and protect the freedoms and rights of all human beings. This responsibility requires governments and companies to avoid causing or adversely contributing to human rights breaches through their own activities. In the case of companies, it also includes preventing or remedying human rights breaches directly arising from their operations, products and/or services [...] Do companies respect the UN Declaration on the Rights of Indigenous Peoples? When considering this, Aegon NL will look to assess whether companies have an appropriate policy on the protection and consultation of local and indigenous communities and look to obtain Free, Prior and Informed Consent where relevant [...] Where it is determined that further engagement with a company is unlikely to yield the required results set out in the engagement plan, Aegon NL may decide to add the company to its exclusion list and / or divest its existing investments."
        • Company must respect labour rights
          5.6/5.6
          • Commitment details
            Entire supply chain - Require
            4/4
            Commitment details
            Entire supply chain - Require
            4/4
            Type of policy: ILO; UNGP; UN Declaration for HR; Discrimination; Forced Labour; Child Labour; Freedom of association
            "Aegon recognizes fundamental human- and labor rights. States and companies have the responsibility to respect the freedoms and rights of humans as enshrined in the Universal Declaration of Human Rights, the Guiding Principles on Business and Human Rights and the core standards of the International Labour Organization (ILO). We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. Attracting, developing and retaining talent contributes to the success of businesses. Good employment conditions, and the promotion of employee satisfaction is important to promote a safe and healthy workplace. We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Aegon recognizes fundamental human- and labor rights. States and companies have the responsibility to respect the freedoms and rights of humans as enshrined in the Universal Declaration of Human Rights, the Guiding Principles on Business and Human Rights and the core standards of the International Labour Organization (ILO). We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. Attracting, developing and retaining talent contributes to the success of businesses. Good employment conditions, and the promotion of employee satisfaction is important to promote a safe and healthy workplace. We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Aegon recognizes fundamental human- and labor rights. States and companies have the responsibility to respect the freedoms and rights of humans as enshrined in the Universal Declaration of Human Rights, the Guiding Principles on Business and Human Rights and the core standards of the International Labour Organization (ILO). We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. Attracting, developing and retaining talent contributes to the success of businesses. Good employment conditions, and the promotion of employee satisfaction is important to promote a safe and healthy workplace. We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Aegon recognizes fundamental human- and labor rights. States and companies have the responsibility to respect the freedoms and rights of humans as enshrined in the Universal Declaration of Human Rights, the Guiding Principles on Business and Human Rights and the core standards of the International Labour Organization (ILO). We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. Attracting, developing and retaining talent contributes to the success of businesses. Good employment conditions, and the promotion of employee satisfaction is important to promote a safe and healthy workplace. We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Aegon recognizes fundamental human- and labor rights. States and companies have the responsibility to respect the freedoms and rights of humans as enshrined in the Universal Declaration of Human Rights, the Guiding Principles on Business and Human Rights and the core standards of the International Labour Organization (ILO). We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. Attracting, developing and retaining talent contributes to the success of businesses. Good employment conditions, and the promotion of employee satisfaction is important to promote a safe and healthy workplace. We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
        • Company must address gender equality issues
          5.6/5.6
          • Commitment details
            Both for whole SC - Required
            4/4
            Commitment details
            Both for whole SC - Required
            4/4
            "We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. [...] We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. [...] We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. [...] We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. [...] We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "We expect from companies to disclose an explicit policy to observe human rights for their own operations as well as for their supply chains. [...] We believe that everyone is entitled to equal opportunities, the freedom of association and the protection against any form of discrimination. We find child and forced labor unacceptable and employees have a right to reasonable working hours and fair wages without any gender distinction."
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6