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Publications

A collection of best practices for pension funds

New VBDO publication: four examples of how pension funds put responsible investment into practice

VBDO publishes A collection of best practices for pension funds today. The publication brings together four interviews with organisations that show what responsible investment looks like in practice. Not as theory, but as concrete choices made by people who started […]

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AGM Engagement Report 2026: Setting the course

VBDO AGM Engagement Report 2026: Dialogue Remains a Driver of Sustainable Change

Read the full AGM Engagement Report here: VBDO049 AGM Engagement Report 2026 – digital version Today, VBDO publishes the AGM Engagement Report 2026 – Setting the Course. In the report, VBDO reflects on a successful engagement cycle in which it […]

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Whitepaper - How do we determine economic value(s)?

Whitepaper about our economic thinking and the way in which we determine value(s)

The road towards a future-proof economy For more than 30 years, VBDO has been committed to promoting sustainability through the financial markets. Although attention to sustainability has increased significantly in recent years and numerous initiatives have emerged, it often still […]

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Living Wage & Just Transition

Living wage still overlooked in investment practice

On Human Rights Day, VBDO publishes its latest investor study on living wages and the just transition. Although investors increasingly recognise the importance of living wages, our research shows that integration in policies and engagement strategies remains limited and fragmented. […]

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Voorkant benchmark biodiversiteit 2025

Business & Biodiversity Benchmark

Biodiversity Emerges as Core Business Risk: New VBDO Benchmark Reveals Sharp Divide Between Corporate Commitment and Action

73% of companies acknowledge biodiversity as a material issue, yet only 50% have formal transition plans. Few companies use measurable biodiversity indicators—most rely on vague terms like “no net loss”. The pharmaceutical sector lags, while Extractives and Food & Beverage […]

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Tax Transparency Benchmark 2025

Final edition of Tax Transparency Benchmark reveals worrying decline and lasting impact

Philips, Enel and Repsol lead on tax transparency, while 1 in 4 companies falls below the minimum threshold The eleventh and final edition of the Tax Transparency Benchmark, published by the Dutch Association of Investors for Sustainable Development (VBDO), marks […]

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Voorkant benchmark verzekeraars duurzaam beleggen 2025 VBDO

Benchmark on Responsible Investment by Insurance Companies in the Netherlands 2025 - Insuring our Future

Dutch Insurers Show Unprecedented Alignment in Responsible Investment Benchmark, a.s.r. New Frontrunner

All major insurers now recognise sustainability as core to investment strategy, but stronger execution and transparency are still needed. Utrecht, July 3rd, 2025 — Dutch insurers have never been more aligned in their commitment to responsible investment. The revised 2025 […]

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Voorkant VBDO AGM engagement report 2025

AGM Engagement Report 2025 - Weighing the anchor

VBDO: Make stakeholder involvement backbone of corporate sustainability

As investor and regulatory pressure mount, a new report reveals that while companies increasingly recognise their role in sustainable development, true impact will hinge on embedding these ambitions into formal strategies and deeper dialogue with value chain stakeholders. Chain-driven activities […]

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Business & Biodiversity Benchmark (Pilot): Key Results

Biodiversity benchmark pilot key results

We are losing biodiversity rapidly: the WWF Living Planet report concludes that one million species are threatened with extinction. Moreover, 81% of European protected habitats have a poor or bad conservation status. As such, we have studied how Dutch financial […]

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Tax: An Investor Guide

Tax Investor Guide 2025 (executive summary)

Tax transparency has become an essential aspect of responsible investment. The Dutch Association of Investors for Sustainable Development (VBDO) updates this guide to reflect the evolving regulatory landscape and the growing expectations of stakeholders regarding corporate tax practices. Institutional investors […]

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Towards a responsible value chain - The role of investors and the CSDDD

VBDO Report Urges Companies and Investors to Lead the Transition to Responsible Value Chains

Utrecht, Netherlands, January 2025 – The Dutch Association of Investors for Sustainable Development (VBDO) has released its latest report, “Towards a Responsible Value Chain: The Role of Investors and the CSDDD,” a compelling call for businesses and investors to embrace […]

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Tax Transparency Benchmark 2024

A Decade of Progress: 9 out of 10 of Companies Now Publish Tax Strategies

After ten years of commitment to enhancing tax transparency, the Tax Transparency Benchmark 2024 reveals that 93% of companies in scope now publish their tax strategies—a significant leap from a little under half (45%) in 2015. This milestone underscores a […]

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