If an investee company gets involved in violations of UN Global Compact principles and OECD Guidelines for Multinational Enterprises or in very severe controversies regarding environmental, social or governance issues, it loses its sustainable investment qualification, in that such involvements are deemed inconsistent with the respect of the DNSH principle. As a result, the Sub-Fund will divest from such an investee company in a way consistent with protecting investors’ best interests.
Engagement with investee companies is conducted on a discretionary basis, with the aim to improve overall company-level impact performance with respect to sustainability indicators relevant for qualifying investments as sustainable with either a social or environmental objective.