Artea Asset Management sustainability information
Sustainability risks are events or situations arising from environmental, social, or governance issues that could adversely affect a company’s assets, financial position, reputation, and the value of its investments.
Sustainability risk management is integrated into the Artea Group’s overall risk management system – a double materiality assessment is conducted, and the sustainability strategy is established at the group level.
UAB Asset Management (hereinafter referred to as the Company) integrates sustainability risk management into its investment decision-making process, remuneration policy, as well as the management of other risks (credit, operational risks).
The Company discloses sustainability-related information in accordance with Regulation (EU) 2019/2088 of the European Parliament and of the Council on sustainability‐related disclosures in the financial services sector (SFDR).
We aim to incorporate a responsible investment approach and contribute to societal well-being and sustainable development by integrating sustainability criteria, active engagement, and negative selection. In the investment decision-making process, the integration of sustainability risk depends on the specific investment fund assets and strategy.
In all cases, the goal is to make the best financial decisions regarding investment risk and targeted returns so that the yield of asset portfolios is sustainable and reasonable client expectations are justified. If the fund promotes environmental or social characteristics or aims for sustainable investments, additional investment selection processes are implemented to achieve the sustainability indicators and objectives of the fund. More detailed integration of sustainability risk into the investment process is revealed in the Responsible investment and sustainability risk integration policy
Information is disclosed in accordance with Article 3 of Regulation (EU) 2019/2088 of the European Parliament and of the Council on sustainability-related disclosures in the financial services sector.
The remuneration policy aligns with the company's commitment to integrating sustainability risks into investment decision-making processes. The remuneration policy is aligned with the company's risk management system, encourages responsible investing and long-term returns, and the remuneration structure does not encourage excessive risk-taking, including sustainability risk.
- Remuneration Policy (This version of the Policy, approved by the Management Board of SB Asset Management UAB on 9 December 2024, entered into force on the date of its approval and applies to the granting, approval, award and payment of remuneration to Identified Staff for work and/or activities performed in 2024 and subsequent years).
Additional information on the Remuneration Policy of UAB Artea Asset Management:
|
No. |
Approved documents/amendments |
Effective date |
|
1 |
The Remuneration Policy for Employees Taking Risk Decisions of SB Asset Management UAB (hereinafter, the Company) was approved by the Company's Management Board on 9 March 2023. |
2023-03-09 |
|
2 |
The revised version of the Remuneration Policy (hereinafter, the Policy) was approved by the Company's Management Board on 9 December 2024. The Policy has been developed taking into account the Bank's current Remuneration Policy and the general remuneration principles applicable across the Šiaulių Bankas Group. |
2024-12-09 |
Information is disclosed in accordance with Article 5 of Regulation (EU) 2019/2088 of the European Parliament and of the Council on sustainability-related disclosures in the financial services sector.
Principal Adverse Impacts is understood as the impact of such investment decisions that causes a negative impact on sustainability factors. Information on consideration of the main adverse impact of investment decisions is disclosed at the entity level.
Information is disclosed in accordance with Article 4 of Regulation (EU) 2019/2088 of the European Parliament and of the Council on sustainability-related disclosures in the financial services sector.