Sustainability: Impact of Investments Now Visible in ABN AMRO Internet Banking and App

ABN AMRO’s (AMS: ABN) investment clients are now able to see what impact they have made with their investments.

The impact was already stated in the quarterly updates clients received, “but is now also visible in internet banking and via app.”

As noted in a blog post, ABN AMRO’s investment clients can see exactly what impact they have made with their investment portfolios (now visible via their Internet banking and via app).

Vincent Triesschijn, head of ESG at ABN AMRO, stated:

“Our clients want to have an insight into the sustainable impact they are making with their assets in addition to an overview of the financial results. If a client would like to get in touch with us to discuss increasing the sustainability of their portfolio, we will be happy to talk to them.”

ESG risk score

Consumer clients in asset management and private banking clients using ABN AMRO’s advisory services can “see how their investments score on ESG (Environmental, Social and Governance) risks.”

In the coming months, information will be “added on the contribution to the Paris Climate Agreement of the companies in our clients’ investment portfolios, their carbon emissions, and the UN Social Development Goals.”

There will be an explanation of “how the scores are calculated.”

ABN AMRO uses independent external sources “for these calculations.”

Outside the Netherlands

This service is already available “for clients of ABN AMRO’s private bank in Germany, Bethmann Bank.”

Later this year, clients in France and Belgium will also be able “to digitally access information on their impact.”

Beginning on Wednesday (April 6, 2022), it was reportedly possible for refugees who arrive in the Netherlands from Ukraine to “open a current account” with ABN AMRO  or another bank.

Dutch organizations that offer current accounts are prepared “to handle large numbers of applications for incoming refugees.”

Once they have a current account, refugees can use it “for receiving their living allowance or wages, paying for their groceries, and much more.”

Every current account “comes with an IBAN, a bank card and the possibility for the account holder to do their banking and make payments using Internet Banking or a mobile app.”

Foreign transfers are “also possible,” the announcement confirmed.

A current account with ABN AMRO may be applied for here.

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