The European Union (EU) created the EU Action Plan on Financing Sustainable Growth in order to achieve the energy and climate targets set in the Agenda 2030. The Financial Services sector is essential for achieving the sustainability goals, as well as for sustainable development.
Investment decisions have an impact on the environmental, social and corporate governance matters. To fulfill our responsibility as a fund service platform, Universal-Investment considers sustainability risks in advance of investment decisions as well as negative sustainability impacts caused by investments.
The EU Action Plan on Financing Sustainable Growth has given rise, inter alia, to Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability-related disclosure in the financial services sector ("Disclosure Regulation"). Universal-Investment publishes the following documents within the meaning of the Disclosure Regulation:
In accordance with Article 3 of the Disclosure Regulation Universal-Investment discloses how sustainability risks are dealt with in Universal-Investment's investment decisions. Sustainability risk means an environmental, social or governance event or condition that, if it occurs, could cause a negative material impact on the value of an investment.
Sustainability Risk Policy (download ) as of 3/2021
Principle Adverse Impacts (PAI) are potential adverse effects of investment decisions on sustainability factors. Sustainability factors are environmental, social and employee matters, respect for human rights, anti‐corruption and anti‐bribery matters. In accordance with Article 4, paragraph 1, section a of the Disclosure Regulation, Universal-Investment takes a position on the consideration and management of adverse sustainability impacts and discloses the activities and due diligence strategies on this matter.
PAI Statement (download ) as of 3/2021
For further information or queries, please contact the ESG Office at email@example.com at any time.