Largest Dutch pension funds choose Article 8
A study by Dutch consultancy Sprenkels has found that 100 out of 176 pension funds in the Netherlands have chosen an Article 8 classification for their pension arrangements under the Sustainable Finance Disclosure Regulation (SFDR).
A study by Dutch consultancy Sprenkels has found that 100 out of 176 pension funds in the Netherlands have chosen an Article 8 classification for their pension arrangements under the Sustainable Finance Disclosure Regulation (SFDR), which requires funds to label their products as promoting environmental, social and governance (ESG) features, sustainable, or without sustainability features.
Of the country’s 20 largest funds, all promote sustainability features but none have opted for a sustainable product (Article 9). However, only 42% of smaller funds with less than €1bn under management have chosen Article 8, while among industry and occupational funds, 80% have done so.
