Sustainability
SUSTAINABILITY-RELATED DISCLOSURES
Eu Sustainable Finance Disclosure
Pursuant to EU Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector (the “SFDR”), Redstone QIA Ventures, S.à r.l. (the “Redstone QAI Ventures”) as registered Luxembourg AIFM is required to disclose the manner in which Sustainability Risks (as defined hereafter) are integrated by the fund into the investment decision and the results of the assessment of the likely impacts of Sustainability Risks on the returns of the fund. “Sustainability Risk” means an environmental, social or governance event or condition that, if it occurs, could cause an actual or a potential material negative impact on the value of the investments made by the fund. Such risk is principally linked to climate-related events resulting from climate change (i.e. physical risks) or to the society’s response to climate change (i.e. transition risks), which may result in unanticipated losses that could affect the fund’s investments and financial condition. Social events (e.g. inequality, inclusiveness, labour relations, investment in human capital, accident prevention, changing customer behavior, etc.) or governance shortcomings (e.g. recurrent significant breach of international agreements, bribery issues, products quality and safety, selling practices, etc.) may also translate into Sustainability Risks.
The impacts following the occurrence of a Sustainability Risk may be numerous and vary depending on the specific risk, region and asset class. In general, where a Sustainability Risk occurs in respect of an asset, there will be a negative impact on, or entire loss of, its value.
No consideration of sustainability adverse impacts
Redstone QAI Ventures does not consider the adverse impacts of investment decisions on sustainability factors (as defined hereafter) in the manner prescribed by Article 4 of the SFDR, considering that non-financial data is still not available in satisfactory quality and quantity to allow Redstone QAI Ventures to adequately assess the potential adverse impact of its investment decision on sustainability factors. The position will be kept under review as the underlying rules are finalised and are embedded in the short to medium term. “Sustainability Factors” means environmental, social and employee matters, respect for human rights, anti-corruption and anti-bribery matters.