Discretionary Impact Mandate available for clients of ABN AMRO Private Banking Belgium

- Products and services
Brigitte Seegers
Public Affairs and Manager International Communications
Clients of ABN AMRO Private Banking Belgium can invest in the bank’s Discretionary Impact Mandate, which takes sustainable investing one step further as its primary focus is on impact investing.
In addition to screening potential investments for environmental, social and governance (ESG) factors, ABN AMRO has joined forces with ISS-Oekom to develop an add-on methodology. This portfolio will only include companies whose revenues make a net positive impact towards a better world. The Impact Mandate comprises equities, bonds and alternatives and is offered as part of ABN AMRO’s discretionary asset management.
Joachim Aelvoet, Head of Products & Solutions at ABN AMRO Private Banking Belgium: “How can I contribute to a better world? It’s a question we hear a lot from our clients. To raise their social contribution, many of them are already sustainable investors. At the same time, our clients increasingly want to know what their exact impact is when investing sustainably. Our Impact Mandate provides the answers to that question.”
For its Impact Mandate, ABN AMRO draws on scores ISS-Oekom attributes to companies. The scores are based on the UN Sustainable Development Goals (SDGs) and translated to measurable targets. Government-issued green bonds and other green-specific government projects are included in the mandate, which also invests in alternatives alongside the usual equities and bonds. These are no ‘traditional alternatives’, though, but investments such as micro-credits and sustainable projects.
Reporting
Every quarter, Impact Mandate investors receive additional reporting on SDG-themed categories, recording exactly the percentage of the portfolio that contributes to fighting poverty, access to clean energy and/or measures to combat climate change. The reporting also presents portfolio performance in charts that capture carbon emissions, for example, compared with the benchmark.