Declaration of Non-Examination of the Adverse Effects of Investment Decisions on Sustainability Factors
Piraeus Asset Management MFMC (the Company) informs the investors that it has adopted and applies ESG Investment Policy on the integration of sustainability risks1 in its investment decision‐making process and in its investment advice, pursuant to the provisions of Regulation (EU) 2019/2088, which is available at ESG Investment Policy [March 2021].
However, the Company declares that:
a) for the moment it does not consider adverse impacts of investment decisions on sustainability factors2, due to the lack of available data related to such factors for all issuers of financial products included in the collective (UCITS) and individual portfolios managed by the Company, as well as in those recommended to its clients with respect to the provision of investment advice and
b) as soon as the aforementioned data regarding sustainability factors become available, the Company intends to amend its ESG Investment Policy, by adopting a specific procedure in order to consider adverse impacts of investment decisions on sustainability factors.
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1 ‘sustainability risk’ means an environmental, social or governance event or condition that, if it occurs, could cause an actual or a potential material negative impact on the value of the investment
2 ‘sustainability factors’ mean environmental, social and employee matters, respect for human rights, anti‐corruption and anti‐bribery matters.