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Created before Nov 2016
Last update: 2016-08-02 16:16:51
Johan Frijns, Director, BankTrack
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ASN Bank is an independently operating bank that is part of the SNS Bank N.V. It was founded in 1960. ASN Bank aims to be a leader in sustainable banking in the Netherlands. In its investment and lending decisions, the bank pays strong attention to issues around child labour, climate, human rights and genetic technology.
2594 AG the Hague
Ewoud Goudswaard |
|Annual report||ASN Bank Report 2015|
ASN bank is a subsidiary of SNS Reaal.
Following its nationalisation on February 1st 2013, SNS Bank, as part of the SNS Reaal Group, is a 100 percent state owned bank.
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New rules for Equator Principles, but no new commitments from banks
Top financial institutions invest over US$43 billion in producers of cluster bombs
Equator Principles: Action, not words needed
Civil society groups call for bold steps forward with Equator Principles
ASN Bank adopts Equator Principles, bank invests in increasingly larger sustainable projects
Maatschappelijk Verantwoord Beleggen
Banks shun harmful investments
Milieudefensie publishes Climate Performance Index 2007 of Dutch Banks
Annual Report 2013
Aandelen in klimaatverandering / Shares in climate change (in Dutch, with English summary)
Voluntary initiativesASN Bank has committed itself to the following voluntary standards:
ASN policy documents can be found here.
Implementation and reporting
ASN Bank is reporting on the implementation here.
Contact and complaints
ASN Bank works towards living wage in the garment industry
In 2016 ASN Bank made a commitment to work towards realisation of a living wage among its investee companies, beginning with the garment industry. It has set itself the target: "all garment companies in the ASN Investment Universe to have introduced a living wage by 2030." This concerns the fourteen garment companies included in the ASN Investment Universe on 1 April 2016: Adidas, Amer Sports, ASICS, Asos, Esprit, Gap, Gildan Activewear, H&M, Inditex, KappAhl, Lojas Renner, Marks & Spencer, Nike and Puma. Find out more about their approach on their web page here.
ASN Bank divests holdings in Veolia over Jerusalem Light Rail
Dutch bank ASN divested itself of its holdings in Veolia, the French company that was participating in building Jerusalem's light rail system, on the grounds that the project "is not in line with the United Nation's demand to stop all support for Israel's settlement activities." Read the news story in Haaretz.