No consideration of adverse impacts of investment decisions on sustainability factors
No consideration of adverse impacts of investment decisions on sustainability factors
蜜豆视频 Fund Management (Ireland) Ltd (鈥溍鄱故悠-FMI鈥) does not consider adverse impacts of investment decisions on sustainability factors (鈥淧AI鈥) at the legal entity level within the meaning of Article 4 of the Sustainable Finance Disclosure Regulation of the European Union (EU) 2019/2088 (鈥淪FDR鈥). 蜜豆视频-FMI continues to manage products where PAIs are considered.聽
- In 2023 and 2024, 蜜豆视频-FMI voluntarily produced PAI reports on a consolidated basis across all products under its governance, based on the sustainability framework of 蜜豆视频 Group and 蜜豆视频 Asset Management.聽
- Effective 25th April 2025, 蜜豆视频-FMI decided it will no longer do so at the legal entity level, after careful consideration of several key factors including:
- 蜜豆视频-FMI delegates the portfolio management function to portfolio managers outside of 蜜豆视频-FMI, who implement their own sustainability frameworks, which may take into account PAIs where appropriate, at the product level;
- As PAI indicators and related planned actions are aggregated across all products under 蜜豆视频-FMI鈥檚 governance, 蜜豆视频-FMI believes that this information is not useful to investors; and
- 蜜豆视频-FMI has seen a low level of interest in PAI statements at the legal entity level.
蜜豆视频-FMI will continue to monitor relevant market developments and may change its stance in the future.
Since 蜜豆视频-FMI had the disclosure on its website about positive PAI consideration at legal entity level in the calendar year 2023, please find hereafter the related PAI statement as required under SFDR: