ASR Nederland N.V. | Remuneration policy at ASR Nederland N.V.

Status
98.80% votes in favour
AGM date
Previous AGM date
Proposal number
3
Resolution details
Submitted by
Resolution ask
Strengthen board oversight of issue
ESG theme
  • Environment
ESG sub-theme
  • Net Zero / Paris aligned
  • Remuneration or pay
Type of vote
Other management proposal or proxy item
Filer type
Management
Company HQ country
Netherlands
Whereas clause
"Trusteam Finance has expressed their intention to vote AGANST proposal 3 (remuneration policy) at ASR Nederland N.V. upcoming 2023 AGM."
Supporting statement
ASR Nederland being one of our main position in our Trusteam Optimum fund and a company eligible
to our “Return On Customer” investment process for the last years, we strongly believe in the strength
of their business model and the deep relations they have with their customers.
In the last years, we have experienced a very qualitative dialogue with the group to discuss their
customer strategy.
However, despites several attempts to reach out to the management about environmental issues, their current strategy does not meet our asks, especially on their Net Zero commitment. To face the
collective challenge of rapid decarbonation of the economy, companies must demonstrate strong will
and action to convince all their stakeholders. It is critical to define ambitious, and credible targets
(including scope 3 emissions) aligned with this pledge.

A formal commitment to set targets validated
by the Science Based Targets initiative (SBTi)
is a first step to materialize this needed action. To our
current knowledge, the company is not committed to SBTi yet.

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