The Company integrates sustainability risks into its overall risk management framework in accordance with Regulation (EU) 2019/2088 on sustainability‐related disclosures in the financial services sector (“SFDR”).
A sustainability risk is defined as an environmental, social or governance (“ESG”) event or condition that, if it occurs, could cause an actual or a potential material negative impact on the value of an investment.
The Company considers sustainability risks at governance and risk management level as part of its internal policies and procedures, including its Risk Management Framework and Product Governance arrangements. The Company assesses whether sustainability risks are relevant to the financial instruments it offers and whether such risks may have a material impact on their expected returns.
As the Company does not offer financial instruments that pursue sustainable investment objectives or promote environmental, social or governance characteristics, sustainability risks are not currently integrated as a defining feature of the Company’s product offering.