SFDR
Integration of sustainability risks
A sustainability risk is the risk that an investment loses value as a result of a sustainability event or condition. Examples include climate change, involvement in child labour or scarcity of raw materials. Such events and circumstances may have an adverse effect on the value of investments. For example, scarcity of raw materials can cause certain companies to produce less, so that shares in these companies can fall in value.
We assess the potential impact of sustainability risks for all investments in the same way as other risks. All these risks lead to the possibility that the expected or intended return will not be achieved. If we identify high sustainability risks in a potential or current investment, we may decide not to invest in it in the event of disproportionate sustainability risks, or take measures to reduce or mitigate the identified sustainability risks.
Failure to take into account the adverse effects of investments on sustainability factors
We do not take into account the adverse effects of our investment decisions on sustainability factors. Sustainability factors include environmental, social and employment issues, respect for human rights, and combating corruption and bribery. Currently, there is limited public information available about the main adverse effects of our investments. The information can only be retrieved via data providers and even those providers do not have enough information available to consider all the negative effects of our investment decisions. For this reason, we currently do not take into account the negative effects on
sustainability factors.
If the availability of this information improves in the future, we will reconsider our decision.