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24 Apr 2019 - 10:00 CET

NN IP wins award for diversity and inclusion

NN Investment Partners (NN IP) has been recognised for its achievements in diversity and inclusion with the ‘Golden Pump’, an award given by the association of Women in Institutional Pensions (ViiP).

According to the jury’s report, NN IP successfully pursues ‘a thorough and sound diversity policy’.  At a senior level, 29% of NN IP colleagues are women, an increase of 9% compared with Q4 2017, with 40% female representation on the Board. NN IP is aiming for 35% women at senior level this year.

NN IP was also recognised for embedding diversity and inclusion into its investment strategy. As well as gender diversity, NN IP has 36 nationalities represented and consciously aims to employ people from a variety of backgrounds to create greater diversity of thought.

Hester Borrie, NN IP CCO, told ‘Pensioen Pro’ that there is a direct relationship between the attention for diversity in the organisation and the investment policy of NN IP. ‘With an investment policy it is important that you take different views into account. Then it's not just about women, but also about different cultures, people with a different background. We try to create an atmosphere in which there is room for those different visions. And yes, you bring in other people. Diversity attracts diversity.’

With the Golden Pump, ViiP aims to promote diversity (including female representation) across the pension sector. The share of women in boards, supervisory bodies and policy-making positions in the sector is only 10%, and a third of pension boards are entirely male. ViiP believes female representation on boards should be at least 30%.

The other two nominees were FNV and Pensioenfonds Openbare Bibliotheken. Previous winners include TKP Investments, Robeco, ABP and ABN Amro Pensioenfonds.

Diversity and inclusion are embedded in our NN values care, clear, commit. We believe that a workforce that reflects the diversity of the societies in which we operate is essential to our future. NN Group was included in the Bloomberg Gender Equality Index in January 2019 and has been included in the Dow Jones Sustainability Index since September 2017.