ASR is a Dutch insurance company offering a broad range of insurance products.[i] Since 2008, the Dutch government has fully owned ASR
ASR’s Socially Responsible Investment policy states that the insurance company “always excludes companies that produce and/or sell controversial weapons”, including nuclear weapons.[ii] The policy also excludes companies involved in the production of specifically designed delivery systems.[iii]
ASR applies its exclusion policy to all asset management activities. External asset managers are also required to comply with ASR’s criteria.[iv]
The criteria in ASR’s policy are consistent with consultancy agency Forum Ethibel’s SRI criteria. ASR.outsources its semi-annual portfolio screening to consultancy agency Vigeo.[v] The exclusion list is not publicly available.[vi]
ASR bases its exclusion policy on the criteria formulated by consultancy agency Forum Ethibel. ASR’s investment portfolio is screened twice a year by Vigeo for companies not complying with its responsible investment policy. The exclusion list is not publicy available.
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I saw on www.dontbankonthebomb.com that you have a comprehensive policy prohibiting investments in nuclear weapons producing companies.
Financial institutions like yours are helping to build the stigma around these inhumane weapons, something that is urgently needed. Nuclear weapons are the only weapon of mass destruction that’s not explicitly outlawed through an international treaty- and thanks to your policy we can show how important and necessary it is that all of society act urgently to prohibit and eliminate nuclear weapons once and for all.
Thank you for your help in creating a nuclear weapons free world.
With kind regards,
[i] ASR, “Over ASR: Voor alle verzekeringen”, website ASR (http://asrnederland.nl/over-asr), viewed 3 June 2015.
[ii] ASR, “Socially Responsible Investment (SRI) Policy”, page 6, dated 2013, available at https://www.asr.nl/Documents/over-asr/EN/20140218%20ASR%20Nederland%20SRI%20policy.pdf, viewed 3 June 2015.
[iii] ASR, written response to PAX dated 2 June 2015.
[iv] ASR, written response to PAX dated 2 June 2015.
[v] ASR, “Socially Responsible Investment (SRI) Policy”, page 6, dated 2013, available at https://www.asr.nl/Documents/over-asr/EN/20140218%20ASR%20Nederland%20SRI%20policy.pdf, viewed 3 June 2015.”
[vi] ASR, written response to PAX dated 2 June 2015.