ESG
For Bravo Capital Management, sustainability is not only a commitment but also an integral part of its corporate identity, shaping the company’s ethos and guiding its actions towards fostering long-term well-being for all stakeholders and promoting the creation of shared value through tangible initiatives.
Disclosures in accordance with the Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability‐related disclosures in the financial services sector.
The European Union has developed a Sustainable Finance Action Plan, comprised of a series of interconnected regulations designed to encourage sustainable investments, represents a significant step towards directing capital towards a sustainable economy. A fundamental pillar of the plan is the EU Regulation on Sustainability Disclosure in the Financial Services Sector (EU SFDR), which came into effect on March 10, 2021.
The EU’s SFDR regulation aims to provide greater transparency on environmental and social characteristics and sustainability within financial markets and establish common standards for communicating and disseminating information related to these aspects. In line with these requirements, the main initiatives of Bravo Capital Management are outlined below:
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Transparency of sustainability risk policies (Art. 3 SFDR)
Bravo Capital Management prioritizes environmental and social considerations to drive long-term value from its investments, emphasizing sustainability principles and acknowledging sustainability risks, also referred to as ESG risks, which include environmental (E), social (S), and governance (G) factors impacting investment performances.
Bravo Capital Management incorporates ESG risks into investment decisions through a dedicated Responsible Investment Policy. In particular, Bravo implements tailored processes and procedures to analyze and manage ESG risks and impacts both at the pre investment stage and during the holding period. The identification of relevant ESG risks is conducted taking into account the unique characteristics of each target company and the specific economic sector in which it operates, ensuring a nuanced understanding and proactive mitigation of these risk
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Transparency of adverse sustainability impacts at entity level (Art. 4 SFDR)
No consideration of negative impacts of investment decisions on sustainability factors.
In alignment with Article 4 of EU Regulation 2019/2088 (“SFDR”), Bravo Capital Management has chosen to employ an “explain” approach regarding the consideration of principal adverse impacts of investment decisions on sustainability factors, while maintaining a proactive orientation in defining and assessing ESG KPIs and metrics to evaluate the Funds’ ESG performance.
Specifically, Bravo, in preparation for future adoption of a “comply” approach, has opted to initiate a process to define and assess specific KPIs and ESG metrics with the aim to periodically monitor and evaluate the sustainability performance of the Funds.
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Transparency of remuneration policies in relation to the integration of sustainability risks (Art. 5 SFDR)
With reference to Article 5 SFDR, it should be noted that Bravo Capital Management does not currently possess a Remuneration policy.