Consideration of adverse sustainability impacts – art. 4
P101 focuses on early-stage investments in companies operating in the digital sector, mostly Italian, and it supports their growth particularly in terms of technological skills development, job creation, gender equality. The SGR is aware that in its investment universe, corporate social responsibility as well as social and environmental impact are crucial for long-term financial targets.
In this context, the SGR is currently finalising a process of collection of specific Key Performance Indicators (KPIs) for all of its investee companies and monitoring of the ESG performance, actively supporting their improvement.
When the Regulatory Technical Standards (RTSs) come into effect (scheduled for January 1, 2023), P101 intends to fully consider the adverse impacts of its investment decisions on sustainability factors, as established by article 4 of EU Regulation 2019/2088 and further detailed by the Final Report on the RTSs.
In the near future, P101 is committed to include, within the monitoring and reporting system of the investee companies, the KPIs and information required by the RTS in order to fully disclose information regarding the consideration of negative effects of investment decisions on sustainability factors, as per article 4 of the SFDR.