Coros Management GmbH addresses sustainability risks in their investment decision-making process. ‘Sustainability risk’ means an environmental, social or governance event or condition that, if it occurs, could cause an actual or a potential material negative impact on the value of the investment.
Coros Management GmbH considers principal adverse impacts of its investment decisions on sustainability factors. The present statement is the consolidated principal adverse sustainability impacts statement of Coros Management GmbH.
Description of principal adverse sustainability impacts
‘Sustainability factors’ mean environmental, social and employee matters, respect for human rights, anti-corruption and anti-bribery matters. The indicators related to principal adverse impacts on sustainability factors can be divided into three categories: (a) climate and other environment-related indicators; (b) social and employee, respect for human rights, anti-corruption and anti-bribery matters; (c) indicators applicable to investments in sovereigns and supranationals. The indicators are applicable to investments in investee companies. Indicators as stated in (c) are not relevant for Coros Real Estate Capital GmbH however, as investing into sovereigns and supranationals is not part of Coros Management GmbH’s investment strategy.
Coros Management GmbH will identify the principal adverse sustainability impacts of investments as follows:
(a) Climate and other environment-related indicators
Coros Management GmbH aims to consider the following climate and other environment-related indicators at a portfolio level:
- Greenhouse gas emissions
- Carbon footprint
- Fossil fuels sector exposure
- Share of energy consumption and production from non-renewable sources compared to renewable sources
- Emissions to water
- Hazardous waste production
- Emissions of ozone depleting substances