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Funding policy / Policy funding ratio

The Pension Fund must ensure that the pension undertakings given by the employer can be paid both now and in the future. The funding ratio is used to measure this.

Investment policy

The Board pursues a long-term policy in order to manage the Pension Fund’s assets.

Responsible Investment

The policy of the Shell Pension Fund in the Netherlands (SSPF) in respect of responsible investment (also known as Environmental, Social and Governance (ESG) policy) is laid down in the Actuarial and Technical Business Report (ABTN).

SSPF Remuneration Policy

The SSPF remuneration policy complies with the Pensions Act and the Code of the Dutch Pension Funds. They require that pension funds pursue a restrained and sustainable remuneration policy that does not encourage them to take more risks than are acceptable.