Sustainable Finance Disclosure Regulation
The General Partner will have regard to 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 (the “Sustainable Finance Disclosure Regulation”) and the Regulation (EU) 2020/852 of the European Parliament and of the Council of 18 June 2020 on the establishment of a framework to facilitate sustainable investment (the “Taxonomy Regulation”) when making investment decisions and Fund reporting.
1. Integration of Sustainability Risk
Sustainability risks are presently not integrated into the investment decisions of the General Partner and are not taken into account throughout the investment process. The General Partner intends to potentially integrate such sustainability risks into the Fund’s investment decisions, and more widely its investment process, following the development and establishment of an ESG framework.
2. Principal Adverse Impacts of investment decisions on sustainability factors
For the time being, the General Partner does not consider the principal adverse impact of investment decisions on sustainability factors as prescribed by article 4 of the Sustainable Finance Disclosure Regulation. Notwithstanding the above, the General Partner intends to develop an ESG policy and potentially commit to considering principal adverse impacts of investment decisions on sustainability factors in the future.
3. Remuneration policies and sustainability risks
For the time being, the General Partner’s remuneration policy does not integrate specific climate related targets. However, such remuneration policy will potentially be amended in the future to become consistent with the integration of sustainability risks and integrate specific climate related targets such as, for example, the reduction of (i) the operations’ carbon emission, and (ii) the carbon footprint of assets.