Not considering the adverse impacts of investment advice and investment decisions on sustainability factors.
The company does not consider the adverse impacts of its investment advice and investment decisions on sustainability factors.
Article 4 of 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 Regulation”) requires financial market participants to disclose whether they consider the adverse impacts of investment decisions on sustainability factors. The Regulation defines principal adverse impacts as the effects of investment decisions and advice that have negative consequences for sustainability factors, including environmental, social, and employee-related matters, as well as issues related to respect for human rights and the fight against corruption and bribery.
SKY Asset Management strives to achieve long-term sustainable returns on investments for its clients. However, taking into account the size of assets under management, the nature and scope of the activities offered, the types of financial products provided, technological capabilities, access to reliable and high-quality information, costs of obtaining such information, and the need to revise internal rules and policies and introduce new ones, the company has, at this stage, decided not to consider the adverse impacts of investment decisions on sustainability factors in accordance with Article 4(1)(b) of the Regulation, with respect to the contractual funds it manages, client portfolios under discretionary management agreements, and in the provision of investment advice (consultations).
Upon completion of the necessary preparation and ensuring a sufficient level of reliability and accuracy of information for and from issuers, the company may adopt an approach that takes adverse impacts into account.
Date of update: 25.06.2025
Date of publication: 25.06.2025
