On March 10, 2021, Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector, also known as the Disclosure Regulation, came into effect. This regulation stipulates, among other things, that the Company, as a financial market participant, must provide information on how sustainability risks are integrated into investment decisions and the results of the assessment of the likely impact of sustainability risks on the returns of the products offered by the Company. Sustainability risks, as defined in the Disclosure Regulation, are environmental, social, or governance-related events or circumstances that, if they were to occur, would have an actual or potential significant negative impact on the value of the investment.
As long-term and active investors, our primary objective is to achieve robust growth in the capital entrusted to us by our clients. We do not see a contradiction between this goal and the objective of investing capital in a responsible and sustainable manner. Sustainability risks, like other risks, can potentially have a negative effect on the investments we make. Therefore, we integrate sustainability risks into our investment decisions. Please refer to our guidelines for the integration of sustainability risks for more information.
Currently, the company does not consider PAI (Principal Adverse Impacts) as the company is waiting for new market practices expected to be finalized by summer 2023.