Disclosure Regarding Principal Adverse Impacts on Sustainability Factors
While ESG matters are formally included within its investment due diligence, in accordance with Article 4(1)(b) of the Sustainable Finance Disclosure Regulation (SFDR) – Regulation (EU) 2019/2088, Oxx does not currently formally consider the principal adverse impacts of investment decisions on sustainability factors.
Reason for Non-Consideration
At this time, we have chosen not to consider the principal adverse impacts of our investment decisions on sustainability factors due to the following reasons:
- The availability of reliable and consistent data on such impacts is limited, which restricts our ability to accurately measure and assess these factors across our investment portfolio.
- The methodologies for measuring adverse impacts on sustainability factors are still evolving, and we are monitoring developments in this area to better understand the potential effects on our investment process.
- We believe that in the current regulatory and market environment, there are challenges in fully integrating adverse sustainability impact assessments into our investment strategies without compromising other key objectives.
Ongoing Review and Future Consideration
Oxx is committed to regularly reviewing its approach to sustainability factors. As the availability of data improves and market standards for assessing adverse impacts on sustainability factors become more robust, we will revisit this position. It is possible that in the future, we may incorporate the consideration of principal adverse impacts into our investment decision-making process.
We encourage investors and stakeholders to remain informed about our ongoing approach to sustainability matters. Should there be any changes to our position, we will update this disclosure accordingly.
For further information regarding our approach to sustainability, please refer to our Sustainability Policy/ESG Policy or contact us at info@oxx.vc .
UPDATED: OCTOBER 2024