ASR is a Dutch insurance company offering a broad range of insurance savings and investment products and bank savings products.[i] The Netherlands was been ASR’s only shareholder from October 2008 until it began trading on 10 June 2016 on the Amsterdam market of Euronext after its successful Initial Public Offering (IPO).[ii] In 2015, ASR handled over €53 billion in investments.[iii]
ASR’s Socially Responsible Investment policy states that the insurance company “always excludes companies that produce and/or sell controversial weapons”, including nuclear weapons.[iv] The policy also excludes companies involved in the production of specifically designed delivery systems.[v]
ASR applies its exclusion policy to all asset management activities. External asset managers are also required to comply with ASR’s criteria.[vi]
The criteria in ASR’s policy are consistent with Forum Ethibel’s SRI criteria. Forum Ethibel is a non-profit organization promoting responsible investments and certified by ARISTA quality standards.
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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, “About a.s.r.”, website ASR (http://asrnl.com/about-asr), viewed 3 August 2016.
[ii] ASR, “ËuroNEXT welcome a.s.r.”, website a.s.r. (http://asrnl.com/ipo/press-releases/2016/06/euronext-welcomes-asr), viewed 3 August 2016
[iii] ASR, “2015 Investor Presentation”, page 11, available at (http://asrnl.com/media/1812/20160218-asr-investor-presentation-annual-results-2015.pdf), viewed 3 August 2016
[iv] 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 22 September 2016.
[v] ASR, written response to PAX dated 2 June 2015.
[vi] ASR, written response to PAX dated 2 June 2015.
[vii] 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 22 September 2016.”, written response to PAX dated 17 May 2016.
[viii] ASR, written response to PAX dated 2 June 2015.