Since 2018, we have been guided by a clear ambition: to drive sustainable progress across our entire portfolio. What began as a commitment to responsible investing evolved into a dedicated impact approach during the 2019–2023 strategic period. In 2024, we entered a new phase with the launch of our five-year strategy, Driven by Impact. This puts impact at the heart of our mission and embeds it in every decision we make.
When it comes to reporting, transparency and clarity are key. That is why we collaborate with specialised third parties to analyse data and assess the sustainable progress of each of our investments. Each year, we publish several reports, including a Portfolio Report, Real Estate Report, Participation Report and one-pagers for each investment. Our Impact Report – previously called the Progress Report – is our most comprehensive publication, capturing our overall outcomes, insights, and direction.
Our latest Impact Report
The Impact Report 2025 reflects our ongoing commitment to turn ambition into action. In the second year of our impact-first strategy, the report highlights how we have further embedded biodiversity, climate, and social equality into our organisation, investments, and investor activities.
Building on the foundations established in 2024, the report shows how we continued to strengthen the connection between impact and investment across our portfolio. It outlines the key outcomes of 2025, the progress made towards our long-term goals, and the valuable insights gained while navigating an increasingly complex and rapidly changing world.
Read the Impact Report 2025 to:
Explore how our investments contribute to biodiversity, climate, and social equality.
Learn how we increased the share of capital allocated to our six solution areas.
Discover how we have advanced our biodiversity assessment and engagement approach.
Read about our progress on carbon reduction and science-based targets.
Learn how active ownership and engagement enable us to create impact as an investor.
Explore how philanthropy can contribute to long-term systemic change.
See how our impact-first strategy continues to shape our investment decisions and measurable outcomes.
More than a reflection on the past year, this report is an invitation to exchange ideas, challenge assumptions, and learn together. By openly sharing our progress, successes, dilemmas, and lessons learned, we hope to contribute to a growing community of investors who are committed to creating long-term positive impact.
For an in-depth analysis and detailed portfolio data, please refer to our Portfolio Report, developed in collaboration with our external partner Dune Partners.
Take a look at our previous Progress Reports
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Take a look at our previous Real Estate Reports
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Take a look at our VP Participaties Reports
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