No inclusion of negative effects on sustainability factors
Transparency of adverse sustainability impacts at entity level (Article 4 of REGULATION (EU) 2019/2088 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 27 November 2019 on sustainability‐related disclosures in the financial services sector – Disclosure Regulation)
Investment decisions may have an adverse impact on the environment (e.g. climate, water, biodiversity) or on social and employee matters, and may furthermore be detrimental to the fight against corruption and bribery. We have a fundamental interest in fulfilling our responsibility as a financial services provider and in contributing to avoid such effects within the scope of our investment decisions and recommendations.
However, the relevant data required to determine and weight adverse effects on sustainability factors are currently not yet available on the market in a satisfactory quantity and necessary quality.
The company therefore does not consider adverse impacts of investment decisions on sustainability factors.
We however expressly declare that this changes nothing in our willingness to contribute to more sustainable, resource-efficient economic activity with the aim of reducing in particular risks and implications of climate change and other environmental and social shortcomings.