Viventium Capital Partners is committed to making a positive impact on the communities in which it invests. We have a strong focus on the world we operate in and by developing, remodeling and making our real estate more sustainable, we add long-term value to the community and create favorable living conditions for our tenants and those around them.
In terms of the Sustainability Financial disclosure regulation (EU) 2019/2088 (SFDR), Viventium is required to disclose information on how sustainability risks and considerations are integrated in the investment decision processes.
Disclosures
In order to comply with the SFDR , Viventium Capital Partners Management B.V. (“Viventium”‘) makes the following disclosures.
Integration of sustainability risks
A sustainability risk means an environmental, social or governance event or condition that, if it occurs, could cause an actual or potential material negative impact on the value of the investment.
Before any investment decisions are made on behalf of a fund that Viventium manages, an investment decision process is followed which in regard to specific investments includes the internal approval process of Viventium in relation to such fund. Viventium views ESG as a standard topic in the pre-investment process. Part of the investment decisions process is that Viventium assesses the risks attached to a potential investment opportunity, which includes sustainability risks. Identified sustainability risks are considered by Viventium when making investment decisions.
In addition, Viventium pays staff a combination of fixed remuneration and variable remuneration (including a possible bonus). Variable remuneration for relevant staff also takes into account compliance with all policies and procedures which are in effect within Viventium, including those relating to taking into account sustainability risks on the investment decision making process.
Employees are made aware of the applicable policies and procedures when starting their employment with Viventium.
No consideration of sustainability adverse impacts
In accordance with the SFDR, Viventium states that it currently does not consider adverse impacts of investment decisions on sustainability factors as set forth in the SFDR and therefore does not make the disclosures as described in the SFDR. Given the size of the organization of Viventium, such disclosure as set forth in the SFDR and the administrative burden in connection therewith would not be proportional.