ASP Asset Management AIFP SIA and its managed funds (collectively – ASP) do not consider sustainability factors or sustainability risks as part of its investment decision making as defined by the EU Sustainable Finance Disclosure Regulation (Regulation (EU) 2019/2088) (SFDR). The remuneration policy at ASP does not consider or integrate sustainability risks.
Considering the above as well as the type and scale of ASP activities and resources, specifically, small fund and team size, significant number of funds or sub-funds, the type of assets ASP holds (minority shares in illiquid, early stage startups), implementing any changes to the current funds under management would be complicated and yield no benefits.
It is important to note that ASP focuses on investments in start-up companies and number of ASP’s portfolio companies directly address sustainability challenges.
Definitions (as per SFDR):
Sustainability factors: environmental, social and employee matters, respect for human rights, anti‐corruption and anti‐bribery matters.
Sustainability risks: 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.