The Company pursuant to art. 4 of EU Regulation 2019/2088 ("SFDR") relating to disclosure on sustainability in the financial services sector, has decided to adopt an "explain" approach regarding the consideration of the main negative effects of its investment decisions on ESG sustainability factors (Environment, Social, Governance).
The Company informs that, although, in general, in its investment decisions it takes into account the main negative effects on sustainability factors, it is currently unable to provide the information referred to in art. 4, paragraph 1, lett. a), of the SFDR, as detailed in art. 4, paragraph 2, of the SFDR. This comes from the lack of precise indicators and metrics for the objective definition and measurement of the main negative effects of one's investment decisions on sustainability factors (environmental, social and personnel issues, respect for human rights and issues relating to the fight against active and passive corruption). However, the Company maintains a proactive approach in defining the indicators and metrics with which to determine the aforementioned negative impacts, also monitoring the evolution of the relevant regulatory provisions.
The Company will be responsible for providing updates on this aspect.