Vergütungspolitik

Information on the Compensation Policy Regarding the Consideration of Sustainability Risks

Transparency of the remuneration policy in relation to the consideration of sustainability risks (Article 5 of REGULATION (EU) 2019/2088 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of November 27, 2019, on sustainability-related disclosure requirements in the financial services sector—the Disclosure Regulation)

Our compensation systems promote the appropriate management of sustainability risks. They are designed to ensure that there are no incentives to take on excessive risks. Our compensation system takes the client’s interests into account at all times. Consequently, there are also no incentives to acquire specific assets. Nor are there any incentives for frequent buying and selling of assets (churning). Overall, the compensation system is designed to avoid conflicts of interest. The foregoing also applies with regard to sustainability risks. The compensation system is structured neutrally, meaning there are no incentives to take on or avoid specific sustainability risks.