Kempen signs Net Zero Asset Managers commitment
The signing of this initiative follows the presentation by Kempen of its new climate change policy in November this year. In this new climate change policy, Kempen committed in the short, medium, and long term to becoming a net zero investor by 2050. Short-term objectives include more investments in green bonds, a sharper focus on active management of climate change obligations, and broader exclusions of coal and tar sands.
Lars Dijkstra, Chief Investment Officer at Kempen Capital Management, explained: ‘As a long-term investment company, we hold the view that climate change poses a systemic risk to the economy, society, and the environment. In this context, we want to clearly identify the risks and opportunities posed to our clients' investments. Investors can play a key role in easing the transition to a low-carbon economy as well as in reducing the climate risks of the companies in which they invest. Kempen has been a longstanding proponent in the fight against climate change through active management and a long-term focus. By partnering with 30 other international asset managers in the Net Zero Asset Managers initiative, we join forces and increase our impact.’
Kempen Capital Management is a specialist asset manager with a focused approach and a clear investment philosophy. We believe in long-term stewardship for our clients and other stakeholders. Kempen provides sustainable returns, fiduciary management services, manager selection, portfolio construction and monitoring, alongside a number of actively-managed investment strategies. As of 30 June 2020, Kempen Capital Management had a total of €79.1 billion in client assets under management.
Kempen Capital Management, part of Van Lanschot Kempen Wealth Management NV, is a specialist and independent wealth manager. Kempen Capital Management NV is licensed as a manager of various UCITS and AIFs and authorised to provide investment services and as such is subject to supervision by the Netherlands Authority for the Financial Markets. Kempen Capital Management (UK) Ltd is licensed as a manager and subject to supervision by the Financial Conduct Authority.