EASSON HOLDINGS LIMITED Sustainability risk policy
March 2021
Public
Basic information of the document
Purpose | To describe Taaleri Plc's view on different sustainability risks, how they are considered in different |
businesses, and which methods are used to manage sustainability risks. | |
Update frequency | According to need |
Approved by and | Taaleri Plc's Board of Directors 25 March 2021 |
date (original date) | |
Effective from | 25 March 2021 |
Responsible organisation | Taaleri Plc |
Contact person | Siri Markula |
Regulation upon which | EU sustainability-related disclosures in financial services (SFDR) (2019/2088) |
the instruction is based | |
Version history
Approved (date) | Applied as of (date) | Changes made |
25 March 2021 | 25 March 2021 | Policy created |
Taaleri Plc | Business ID 2234823-5 | Registered domicile Helsinki | www.taaleri.com | 1 |
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Table of contents | |
Sustainability risk management, monitoring and reporting .............................................................................................................. | 5 |
Taaleri Plc | Business ID 2234823-5 | Registered domicile Helsinki | www.taaleri.com | 2 |
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Sustainability risk policy
Introduction
Taaleri views sustainability and responsibility as essential factors in both risk management and creating potential financial profits now and in the future. This policy aims to describe Taaleri Plc's view on different sustainability risks, how they are considered in different businesses, and which risk management methods are used to manage sustainability risks.
Together with our customers and partners, we strive to promote effective investment activities by implementing financially profitable projects that positively impact the environment and stakeholders. We want to be a frontrunner in impact and ESG investing. By impact investing, we mean investing that actively promotes solutions to key sustainability and responsibility issues in addition to good financial returns. We promote impact investing by providing our clients with innovative and impactful investment options related to topics such as climate change and sustainable development. In addition, as part of our operations, we consider the ESG factors of investments, i.e. in regard to the environment, society, and governance. In addition to ESG integration, our sustainability investment strategy includes strategies for owner engagement, exclusion, and thematic investment.
Taaleri's Code of Conduct and sustainability principles guide our businesses. Taaleri's business segments work sustainably and comply with good governance and the principles of responsible investment in all of our operations. The implementation of responsibility and sustainability is supported by business-specific policies and guidelines.
Sustainability risks
Sustainability risk means an event or circumstance relating to the environment, society, or governance, of which the occurrence may have an actual or potential negative material impact on the value of the Taaleri Group, or the investment products it offers. Sustainability risks can realise in the short, medium, or long term.
Taaleri strives to minimise the negative impacts of sustainability risks on the Group, its stakeholders, and the surrounding society in its operations. We examine the market environment from a risk perspective, but we apply special emphasis on analysing market opportunities. We make our investment decisions based on economic factors, the potential for positive impact, and sustainability assessment. We aim to provide investment products and wealth management services to contribute to sustainable development by reducing the negative impacts of sustainability risks and exploiting opportunities to make a tangible positive contribution to sustainable development.
The diagram below shows examples of sustainability risks and ESG factors that affect our operations, and that we account for in our investment decisions. We seek to identify the negative external impacts of potential investments and avoid investments with unacceptable negative consequences. We aim to favour investments that have positive external effects on both the environment and society. We believe that investments have significant potential to deliver economic value while steering markets towards a more sustainable future.
Taaleri Plc | Business ID 2234823-5 | Registered domicile Helsinki | www.taaleri.com | 3 |
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THE ENVIRONMENT (E) | SOCIETY (S) | GOVERNANCE (G) | |||
• | Climate change | • | Human rights | • | Ethics |
• | Extreme weather phenomena | • | Data security | • | Transparency |
• The sustainable use of natural | • | Diversity and equality | • | Corruption | |
resources | • | Product safety | • | Diversity of management | |
• | Biodiversity | • | Employee well-being | • | Management's remuneration |
• | Environmental well-being | • | Child labour | and incentives | |
• | Pollution and contamination | • | Workers' rights | • | Monitoring and controls |
• | Habitats and organisms | • | Compliance | ||
Figure 1 Examples of sustainability risks and ESG considerations in investment decisions
Sustainability risks related to environment
Sustainability risks related to the environment can be of physical or transitional nature. Climate change causes physical risks that have an economic impact due to extreme weather phenomena becoming more frequent and the climate gradually changing. Climate change enhances environmental degradation such as air, water and soil pollution, drought, biodiversity loss and deforestation. Transitional risks are the risks that arise in the transition towards a lower-carbon and environmentally sustainable economy. Transitional risks can relate to, for example, climate or environmental policy decisions, technological developments, or changes in market confidence and demand patterns.
In all our investment decisions, we consider sustainability risks related to the environment, but also the financial and impact opportunities, for example, through the six environmental objectives of the EU's Sustainable Finance Regulation. The environmental objectives are mitigating climate change, adapting to climate change, protecting water and marine resources, promoting a circular economy, preventing pollution, and protecting ecosystems and biodiversity.
Sustainability risks related to society
By sustainability risks related to society, we mean activities that impact individuals and the society. For example, a company's activities can, directly and indirectly, impact stakeholders such as its staff, customers, suppliers, local communities, and NGOs. Societal and individual sustainability risks may relate to such topics as human rights, workers' well-being, and working conditions, or child labour.
Regarding sustainability risks related to society, we consider the minimum safeguards as defined in the EU's Sustainable Finance Regulation. In addition, we look at sustainability risks associated with society through economic opportunities and impact.
Sustainability risks related to governance
Sustainability risks related to governance cover a range of factors from internal operations, operating models, and management. For example, ethical conduct, transparency, and compliance with standards and agreements create the conditions for action and are essential for managing environmental and societal sustainability risks.
Taaleri Plc | Business ID 2234823-5 | Registered domicile Helsinki | www.taaleri.com | 4 |
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Easson Telecom Limited published this content on 14 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 June 2022 07:36:04 UTC.
