Disclaimer
BY CLICKING ON “I AGREE”, I DECLARE I AM A WHOLESALE CLIENT AS DEFINED IN THE CORPORATIONS ACT 2001.
What is a Wholesale Client?
A person or entity is a “wholesale client” if they satisfy the requirements of section 761G of the Corporations Act.
This commonly includes a person or entity:
who holds an Australian Financial Services License
who has or controls at least $10 million (and may include funds held by an associate or under a trust that the person manages)
that is a body regulated by APRA other than a trustee of:
(i) a superannuation fund;
(ii) an approved deposit fund;
(iii) a pooled superannuation trust; or
(iv) a public sector superannuation scheme.
within the meaning of the Superannuation Industry (Supervision) Act 1993that is a body registered under the Financial Corporations Act 1974.
that is a trustee of:
(i) a superannuation fund; or
(ii) an approved deposit fund; or
(iii) a pooled superannuation trust; or
(iv) a public sector superannuation scheme
within the meaning of the Superannuation Industry (Supervision) Act 1993 and the fund, trust or scheme has net assets of at least $10 million.that is a listed entity or a related body corporate of a listed entity
that is an exempt public authority
that is a body corporate, or an unincorporated body, that:
(i) carries on a business of investment in financial products, interests in land or other investments; and
(ii) for those purposes, invests funds received (directly or indirectly) following an offer or invitation to the public, within the meaning of section 82 of the Corporations Act 2001, the terms of which provided for the funds subscribed to be invested for those purposes.that is a foreign entity which, if established or incorporated in Australia, would be covered by one of the preceding paragraphs.
Sustainable Investing
Principal Adverse Impact indicators
Companies affect the environment in various ways, both positively and negatively. Investors who own the equities and bonds of these companies need to report on adverse sustainability impacts at both the entity and financial product levels. The European Union (EU) defines these adverse impacts as “negative, material, or likely to be material effects on sustainability factors that are caused, compounded by, or directly linked to investment decisions and advice performed by the legal entity”.
The EU has identified 64 adverse impact indicators that must be calculated, 18 of which are mandatory to report, while the remaining 46 are voluntary. These indicators cover typical environmental, social and governance (ESG) factors familiar to investors. The compulsory indicators include a range of factors, such as carbon emissions, fossil fuel exposure and waste levels (Environmental); gender diversity and human rights due diligence (Social); and exposure to corruption, bribery, or other scandals (Governance).
Creating returns that benefit the world we live in
Sustainable investing
Although the regulation formalizes the disclosure process, identifying adverse impacts is not a new concept. Robeco has long integrated ESG aspects into its investment process to manage risk and minimize negative impacts. Since the implementation of the EU's Sustainable Finance Disclosure Regulation (SFDR), Robeco has been considering negative impacts as disclosable Principle Adverse Impact (PAI) indicators for the first time in June 2021.
Following the SFDR framework, Robeco established a methodology for measuring these indicators and developed a prototype to assess the impact on all its funds.
The Robeco Principal Adverse Impact statement discloses data for the period of 1 January to 31 December.
