Sustainability risk policy
Explanation of terms
| ESG risks | Environmental, social and governance |
| Sustainability factors | Environmental, social and employment issues, respect for human rights and the issue of combating corruption and bribery |
| QIF | Qualified investor fund (QIF) |
| Regulation | 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 (also referred to as ‘SFDR’) |
| Sustainability risk | An environmental, social or governance event or situation that could have an actual or potential material adverse impact on the value of an investment if it occurred |
| Sustainable investment | Investment in an economic activity that contributes to environmental objectives, such as investments measured by key resource efficiency indicators on energy use, renewable energy, raw materials, water and land, waste production, greenhouse gas emissions or indicators of its impact on biodiversity and the circular economy; investments in economic activities that contribute to social objectives, particularly investments that contribute to addressing inequalities, investments that promote social cohesion, social integration and industrial relations, or investments in human capital or economically or socially disadvantaged communities, provided that such investments do not significantly harm any of the aforementioned objectives and that the companies in which the investment is made comply with sound governance practices, especially regarding sound management structures, employee relations, remuneration of employees and compliance with tax regulations |
This policy is developed pursuant to Art. 3, par. 1 and Art. 5, par. 1 of the Regulation, taking into account the fact that FAMILY ACE investiční společnost, a.s. is considered a financial market participant under the Regulation, which is obliged to publish information about its policies for integrating sustainability risks into its investment decision-making processes, including information on how the remuneration principles of FAMILY ACE investiční společnost, a.s. are consistent with the integration of sustainability risks.
FAMILY ACE investiční společnost, a.s. offers assistance with investments and asset portfolio management of qualified investor funds as a controlled tool for cooperation between investors sharing a certain investment goal.
One of the objectives of FAMILY ACE investiční společnost, a.s. is to create an environment for investors who care about the impact their investment will leave.
FAMILY ACE investiční společnost, a.s. views its position as a significant commitment. The integration of social and environmental considerations into everyday company operations and interactions has therefore logically become a natural part of each of the steps that FAMILY ACE investiční společnost, a.s. takes in its strategy. The business strategy, values and mission of FAMILY ACE investiční společnost, a.s. are based on socially responsible behaviour. In this regard, FAMILY ACE investiční společnost, a.s. supports the idea of making sustainable financing a common practice, and it views transparency as an effective tool for measuring the impacts of financial products and services on sustainability, as it can help direct private investments in financial products that pursue environmentally sustainable goals.
In its selection of investment instruments, FAMILY ACE investiční společnost, a.s. considers the fund’s investment strategy and its approach to sustainability factors. The investment strategies of funds managed by FAMILY ACE investiční společnost, a.s. focus on different things. In addition to real estate funds, these mostly include private equity investments and investments in financial instruments, as well as renewable sources. Sustainability risks are taken into account in standard risk management, which is carried out in accordance with generally binding applicable regulations and the internal regulations of FAMILY ACE investiční společnost, a.s. When making investment decisions, due diligence primarily focuses on the compliance of the target companies’ business with all applicable regulations. Consideration of investment parameters in the area of sustainability and ESG are incorporated into the decision-making process as part of the analysis of legal and economic risks that an individual investment may face in the future.
FAMILY ACE investiční společnost, a.s. also focuses on the remuneration system with the aim of achieving its long-term sustainability, reflecting sector standards. Although this system does not include a methodology focused on specific remuneration in relation to reducing sustainability risks, it is still based on the principle of avoiding taking disproportionate investment risks and is also clearly anti-discriminatory.
FAMILY ACE investiční společnost, a.s. does not specifically take into account the adverse impacts of investment decisions on sustainability factors, because the current primary investment strategies of the funds managed by FAMILY ACE investiční společnost, a.s. do not focus on investments or goals in the area of sustainability or ESG.
Given the current structure of the investment portfolio of funds managed by FAMILY ACE investiční společnost, a.s., it does not expect that investment decisions made on behalf of the vast majority of these funds could have a significant impact on sustainability factors.
However, FAMILY ACE investiční společnost, a.s. monitors sustainability risks at the ESG fund level (Articles 8 and 9 of the SFDR) and, depending on its investment strategy at the ESG fund level, it may also monitor the impacts of investment decisions made on behalf of the ESG fund on sustainability factors. Investors can find additional information on managing sustainability risks and possible monitoring of the impacts of investment decisions on sustainability factors at the ESG fund level in the statutes and other informational documents of the relevant ESG fund.
Investors will be informed in advance about the further approach of FAMILY ACE investiční společnost, a.s. to the principles of sustainability within the investment process, as well as about changes to this policy, on the FAMILY ACE investiční společnost, a.s. website. This policy is revised by the board of FAMILY ACE investiční společnost, a.s. based on current needs.
In Prague on 30/4/2025
board of FAMILY ACE investiční společnost, a.s.
Failure to take into account the adverse impacts of investment decisions on sustainability factors
Declaration of the primary adverse impacts of investment decisions on sustainability factors
Failure to take into account the adverse impacts of investment decisions on sustainability factors pursuant to Regulation (EU) 2019/2088 of the European Parliament and of the Council on sustainability-related disclosures in the financial services sector and implementing regulation (EU) 2022/1288
Declaration of FAMILY ACE investiční společnost, a.s., registered office Na příkopě 859/22, Nové Město, 110 00 Prague 1, CRN 226 42 463, registered in the Commercial Register kept by the Municipal Court in Prague, section B, file No. 29522.
FAMILY ACE investiční společnost, a.s. does not specifically take into account the adverse impacts of investment decisions on sustainability factors, because the current primary investment strategies of the funds managed by FAMILY ACE investiční společnost, a.s. do not focus on investments or goals in the area of sustainability or ESG.
FAMILY ACE investiční společnost, a.s. will continue to monitor this area on a regular basis and is ready to reevaluate its current position on the issue if the relevant facts change.
In Prague on 30/4/2025
On behalf of FAMILY ACE investiční společnost, a.s.
Mgr. Ing. Pavel Doležal, LL.M.
Chairman of the board