Non-consideration of adverse impact on sustainability factors
IM Valores, SV, SA does not consider adverse impacts on sustainability factors (PIAS) of investment decisions and investment advice because it does not currently have a due diligence policy to address this issue.
Furthermore, the company believes that considering adverse events, as set out in Annex 1 of Regulation (EU) 2019/2088, requires a large number of indicators from all investee companies, a scenario that is currently complicated for two reasons: firstly, not all companies publish this information and, secondly, it would require considerable effort due to the increased time and resources required for proper consideration, something that is difficult for securities firms with a small volume of assets under management or advice to address.
However, IM Valores, SV, SA intends to consider adverse impacts on sustainability factors and is currently working with external providers to incorporate them in the most efficient and responsible manner into its investment decisions.
Information on the integration of sustainability risks in the Remuneration Policy
In line with the requirements set out in Article 5 of Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on the disclosure of information relating to sustainability in the financial services sector, the CIMD Group’s Remuneration Policy, which covers all its companies, is coherent and consistent with the integration of sustainability risks.
The remuneration scheme set out in the policy does not include incentives that could jeopardise the consideration of sustainability risks in investment decisions.