DutchNews, November 3, 2015
Dutch banks on Tuesday called for better
information from companies on just how much CO2 they emit, so they can adjust
their investment policy accordingly.
The call came from 11 of the Dutch banks
in a joint climate statement.
At the moment, companies do not have to report on
their CO2 emissions and the banks say this makes things difficult for them
because they have to undertake their own investigation into the sustainability
of their investments.
The banks now want more information from companies on how
green they really are, broadcaster Nos reports.
‘This is bound to lead to some
investments being thrown overboard,’ Chris Buijink of the Dutch banking
association told the Nos. ‘The more transparent, the tougher the talks between
banks and companies will be.’
Environment economist Karen Maas of the Erasmus
University told the broadcaster this is just a step in the right direction but
does not go far enough. ‘The banks need to take collective action to get rid of
some of their investments.’
Last month, the two large pension funds ABP and
PGGM said they are making their investment policy more sustainable.
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