Schroders has been awarded a €3.9 billion sustainable equity mandate by Dutch pension fund PGGM.

The mandate includes both sustainability “leaders” and “improvers” and looks to achieve alignment with Paris climate goals and a reduction in carbon intensity. It also integrates AI-supported reporting to deliver insights with active engagement. Schroders says it will also incorporate the firm’s investment tool SustainEx, with fundamental investment research.

Alex Tedder, CIO equities, Schroders, said, “Our partnership with PGGM reflects the consistency and strength of our investment approach, which combines active security selection with advanced investment analytics. This win underlines our technical expertise and deep commitment to sustainable investment and is a milestone in the evolution of our capability. We are proud and excited to be included in the PGGM program and confident in our ability to meet and hopefully exceed the objectives of the mandate.”

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