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Company Response

17 Sep 2018

APG Asset Management response

We welcome the research by Inclusive Development International about our coal-fired power sector in the Philippines.  The research findings feed into our analysis and serve as input for our further inquiry and potentially engagement with the companies and/or other actions.


As a large pension investor, we believe in good pensions in a sustainable world. Thus, we have set ambitious targets for 2020, such as having EUR 58bn of investments that contribute to the United Nations’ Sustainable Development Goals. Today we have already 50 billion in SDGs. At the same time, we reduced the CO2-footprint for the listed equity portfolio by 28%.

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