Bron
SSIR
ABP, Europe’s second largest pension fund, with more than 380 billion euros (about $430 billion) under management, announced last year that it would increase its allocation to high sustainability investments (those aiming to create positive and measurable social or environmental value) to 58 billion euros in 2020, up from 29 billion in 2015. Meanwhile, the Dutch pension fund PFZW intends to allocate 12 percent of its entire investment portfolio to solutions in renewable energy, water, food security, and healthcare. By 2020, this will reach 25 billion euros (about $28 billion)—up from 5 billion at the end of 2014. In addition, insurance companies such as AXA and Zurich, and banks like BNP Paribas, JP Morgan, and Barclays have committed up to 5 billion euros of their proprietary capital to impact investment programs while developing solutions for their clients.