Why
Why identify your sustainable investment preferences?
In view of the Paris Agreement and the transition to climate neutrality (2050), along with the growing general interest in sustainable investment, the MiFID 2 Directive has been adapted and now requires consideration of investors' preferences in terms of sustainable investment.
This Directive places the investor at the centre of the investment experience. This adapted Directive aims in particular at greater transparency in the portfolio selection process in order to protect the investor and to channel capital towards more sustainable companies.
Definition
What is sustainable investment?
Sustainable investment is part of the growing awareness of the impact of human activities, particularly economic activities, on the future of our planet.
Sustainable investment is defined as all investment strategies that incorporate non-financial criteria, linked to Environmental, Social and Governance (ESG) issues, beyond the traditional financial criteria.
Environmental
Waste management, climate change topics, protection of biodiversity, etc.
Social
Respect for human rights, safety at work, good integration of the company into the local community, etc.
Governance
Transparency of executive remuneration, anti-corruption, auditing, etc.
How
How do I identify my sustainable investment preferences?
We suggest that you complete the next questionnaire, which has been designed in line with the new regulations.
You have three options:
1.
You have no interest regarding sustainability in your investments.
2.
You have an interest regarding sustainability, but you do not want to go into detail about your preferences .
3.
You have an interest regarding sustainability, and you want to detail your preferences yourself by combining 3 options available.
Impacts
Could consideration of my sustainable preferences impact the composition of my portfolio?
Your sustainable preferences will have an impact on your portfolio.
Preferences
What do we mean by special preferences in terms of sustainable investment?
If you wish, you will have the option of detailing specific preferences in terms of sustainable investment. You will have 3 options.
Read these descriptions carefully before you start completing the questionnaire.
As you go through the questionnaire, you will be able to see these definitions by clicking on the "Learn about" icon, or by clicking on the links in the menu in the left-hand panel.
Preferences
European Taxonomy Regulation
Environmentally sustainable investment
Positive contribution
The European Taxonomy Regulation (Regulation (EU) 2020/852 ) is a regulation establishing a system for classification of economic activities contributing to environmental objectives.
This Regulation is currently focused on climate change.
To sum up:
Climate change mitigation;
Climate change adaptation;
Sustainable use and protection of aquatic and marine resources;
The transition to a circular economy;
Prevention and reduction of pollution;
Protection and restoration of biodiversity and ecosystems.
Preferences
Sustainable investment
SFDR: Sustainable Finance Disclosure Regulation
Positive contribution
Sustainable Finance Disclosure Regulation (SFDR – Regulation (EU) 2019/2088 ) is a regulation aimed at defining the level of sustainability of an investment (based on its contribution to Environmental and/or Social and/or good Governance objectives).
To sum up:
Preferences
Principal adverse impacts
PAI: Principal Adverse Impacts
Negative contribution
These are investment decisions that have an adverse impact on sustainable considerations.
Based on data that have to be disclosed by companies, the principal adverse impacts (PAI: Principal Adverse Impacts) indicate the potential significant negative effects of an activity on sustainability criteria.
