Dutch investor giant APG has used data collected through its Sustainable Development Goals (SDGs) partnership with other asset owners to underpin new responsible investment benchmarks.
APG Asset Management has created five iSTOXX APG World Responsible Investment indices in partnership with BlackRock and index provider Qontigo.
A pooled fund tracking the iSTOXX APG World Responsible Low-Carbon SDI Index has already secured a €1bn commitment from two of APG’s clients. RI understands one of these clients is BpfBouw, the Dutch pension fund for the construction sector, and that it has committed around €900m to the strategy. The other unidentified client is expected to commit around €300m, RI understands.
Both clients plan to double their SDG investments by 2025.
The benchmarks use APG’s data sets, including one from the Sustainable Development Investments Asset Owner Platform (SDI AOP) - a Dutch initiative founded by APG and fellow pension i…