Mandatory disclosures under Regulation (EU) No 2019/2088 ("SFDR")
The company FUTURO UNIVERSE s.r.o., company ID No. 143 86 267, with registered office at Rohanské nábřeží 678/23, 186 00 Prague 8 (hereinafter referred to as the "Company"), hereby, from its position as a financial market participant - asset manager comparable to asset management pursuant to Section 15 of Act No. 240/2013 Coll, on Investment Firms and Investment Funds (the "Alternative Fund Manager"), hereby informs, in accordance with Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on the disclosure of sustainability-related information in the financial services sector (the "SFDR"), about the consideration of adverse sustainability impacts and the integration of sustainability risks into their practices and the provision of other sustainability-related information within the meaning of the SFDR.
In particular, the SFDR aims to increase transparency towards investors, especially with regard to environmental and social sustainability.
Sustainable investments
A sustainable investment is an investment in an economic activity that contributes to environmental objectives, such as investments measured, for example, by key resource efficiency indicators on energy use, renewable energy, raw materials, water and land, waste production, greenhouse gas emissions, or indicators on its impact on biodiversity and the circular economy, or an investment in an economic activity that contributes to social objectives, in particular an investment that contributes to addressing inequalities, or investments that promote social cohesion, social integration and labour relations, or investments in human capital or economically or socially disadvantaged communities, provided that such investments do not significantly undermine any of those objectives and that the investee companies comply with good governance practices, in particular as regards sound management structures, employee relations, remuneration of relevant employees and compliance with tax rules.
Sustainability factors
Sustainability factors include environmental, social and labour issues, respect for human rights and anti-corruption and anti-bribery issues.
Failure to consider the adverse impacts of investment decisions on sustainability factors
The Company hereby informs investors that it does not currently consider adverse impacts of investment decisions on sustainability factors. Indeed, given the types of assets that are acquired into the Alternative Fund and the investment objectives, taking into account the adverse impacts of investment decisions on sustainability factors is not considered relevant at this time.
In the future, the Company does not rule out taking into account the adverse impact of investment decisions on sustainability factors in the provision of services. The Company will monitor this area and review at least annually whether there has been any change to the above.
Failure to incorporate sustainability risks
Sustainability risks, i.e. adverse environmental and social sustainability events, as well as other risks faced by the Company in its operations, may have a negative impact on the Company and, consequently, on investors.
Sustainability risks mainly include environmental (greenhouse gas emissions and related global warming, energy-intensive lifestyles, waste pollution) and social issues (gender discrimination, human rights, child labour, worker health, etc.).
The Company hereby informs investors that it does not currently incorporate sustainability risks into investment decisions, given the size of the Company as an alternative fund manager, the size of the alternative fund itself and the investment strategy of the alternative fund.
The Company does not rule out taking these factors into account in the provision of services in the future. The Company will monitor this area and review at least annually whether there has been any change in the above.
Remuneration policy with regard to the integration of sustainability risks
The Company applies other key remuneration policies and principles that are set in line with sector regulation and that are sustainable for the Company in the long term. While the policies do not include sustainability as a key risk mitigation criteria, they are not set in a way that would encourage adverse sustainability impacts of investment decisions.
The underlying investments of this financial product do not take into account EU criteria for environmentally sustainable economic activities
Futuro Universe Ltd. is registered in the list maintained by the CNB pursuant to Section 596(e) of the ICIIF as a person carrying out asset management comparable to asset management pursuant to Section 15 of the ICIIF. Inclusion in the list does not constitute a business license and does not entitle to publicly offer investments and collect money from the public for the purpose of their joint investment.