Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector (SFDR) aims to increase transparency of how financial market participants integrate sustainability risks into their investment decisions.
Under SFDR, financial products are classified into four categories:
- Products that have sustainable investments or a reduction in carbon dioxide emissions as a goal (Article 9)
- Products that promote environmental or social characteristics (Article 8)
- Products that integrate sustainability risks into investment decisions, without the product promoting environmental or social characteristics or having sustainable investments as a goal (Article 6)
- Products where sustainability risks are not relevant (Article 6)
Atle Investment Services provides products in categories 2 and 3.
Adverse sustainability impacts at the entity and product levels
Sustainability factors are defined as environmental, social or employee matters, respect for human rights, anti-corruption and anti-bribery matters.
Pursuant to Articles 4 and 7 of the SFDR, Atle must publish on its website if and how the adverse impacts of our investments on sustainability factors are considered during the investment process. Atle has products with several different investment strategies. The sustainability work therefore differs between our products, and it is the task of the respective portfolio manager to integrate sustainability in a way that is relevant and creates value for the product being managed. Our Article 8 products (Humle Fonder) consider sustainability risks and negative consequences on sustainability factors as a way to promote environmental or social characteristics. Our Article 6 products (Gro Kapitalförvaltning) consider sustainability risks but do not consider negative impacts on sustainability factors and do not promote environmental or social characteristics.
Our portfolio managers work independently with the products that Atle offers, and this also applies to the integration of sustainability issues in the management. Information on sustainability risks and the methods used to evaluate risks for each product can be found here (link, in Swedish) and in the respective products' pre-contractual materials.