Prof. Dirk Schoenmaker and Prof. Mathijs van Dijk
Prof. Dirk Schoenmaker and Prof. Mathijs van Dijk

New research into climate-related risks and opportunities in the investment portfolios of pension funds and insurance companies has been awarded a €250,000 grant by Netspar. The study is being conducted by Prof. Mathijs van Dijk and Prof. Dirk Schoenmaker from Rotterdam School of Management, Erasmus University (RSM) with the aim of developing new methods and best practices to support pension funds in measuring and managing climate risk.

Climate-related risks (which include physical risks and transition risks) are among the most important financial risks in the investment portfolios of pension funds and insurance agencies. Sustainable investments are increasingly becoming the preferred choice for pension participants. In addition, new EU regulations (IORP II) require pension funds to include climate-related risks in their own risk assessment.

This new research project will be developing new methods for measuring climate-related risks. The goal is to offer pension funds and insurers greater understanding and concrete tools for helping them manage the uncertainty of climate-related risks. The intended start date for this project is January 1, 2021. For more information, visit the Netspar website.

More information

Rotterdam School of Management, Erasmus University (RSM) is one of Europe’s top-ranked business schools. RSM provides ground-breaking research and education furthering excellence in all aspects of management and is based in the international port city of Rotterdam – a vital nexus of business, logistics and trade. RSM’s primary focus is on developing business leaders with international careers who can become a force for positive change by carrying their innovative mindset into a sustainable future. Our first-class range of bachelor, master, MBA, PhD and executive programmes encourage them to become critical, creative, caring and collaborative thinkers and doers.

For more information about RSM or this release, please contact Erika Harriford-McLaren, communications manager for RSM, on +31 10 408 2877 or by email at

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