Commission Delegated Regulation (EU) 2022/1288 of 6 April 2022 supplementing Regulation (EU) 2019/2088 of the European Parliament and of the Council with regard to regulatory technical standards specifying the details of the content and presentation of the information in relation to the principle of ‘do no significant harm’, specifying the content, methodologies and presentation of information in relation to sustainability indicators and adverse sustainability impacts, and the content and presentation of the information in relation to the promotion of environmental or social characteristics and sustainable investment objectives in pre-contractual documents, on websites and in periodic reports (Text with EEA relevance)

• (a) an explanation of how the index designated as a reference benchmark differs from a relevant broad market index, including the performance, during the period covered by the periodic report, of the sustainability indicators deemed relevant by the financial market participant to determine the alignment of the index with the environmental or social characteristics promoted by the financial product and the ESG factors referred to in the benchmark statement published by the benchmark administrator in accordance with Article 27(1) of Regulation (EU) 2016/1011;

• (b) a comparison between the performance of the financial product and the indicators measuring the sustainability factors of the index referred to in point (a) during the period covered by the periodic report;

• (c) a comparison between the performance of the financial product and a relevant broad market index during the period covered by the periodic report.

SECTION 2 Sustainable investment as objective

Article 58

Presentation and content requirements for periodic reports for financial products that have sustainable investment as their objective

For financial products that have sustainable investment as their objective, financial market participants shall present the information referred to in Article 11(1) of Regulation (EU) 2019/2088 in an annex to the document or information referred to in Article 11(2) of that Regulation in the form of the template set out in Annex V to this Regulation. Financial market participants shall include in the main body of the document or information referred to in Article 11(2) of Regulation (EU) 2019/2088 a prominent statement that information on sustainable investment is available in that Annex.

Article 59

Attainment of the sustainable investment objective of the financial product

In the section ‘To what extent was the sustainable investment objective of this financial product met?’ in the template set out in Annex V, financial market participants shall provide all of the following information:

• (a) the extent to which the sustainable investment objective was attained during the period covered by the periodic report, including the performance of:
• (i) the sustainability indicators referred to in the subsection ‘What sustainability indicators are used to measure the attainment of the sustainable investment objective of this financial product?’ of the section ‘What is the sustainable investment objective of this financial product?’ in the template set out in Annex III to this Regulation;
• (ii) any derivatives referred to in the subsection ‘How does the use of derivatives attain the sustainable investment objective?’ of the section ‘What is the asset allocation and the minimum share of sustainable investments?’ in the template set out in Annex III to this Regulation used to attain the sustainable investment objective;

• (b) for the financial products referred to in Article 5, first paragraph, of Regulation (EU) 2020/852, an identification of the environmental objectives set out in Article 9 of that Regulation to which the sustainable investment underlying the financial product contributed;

• (c) for the financial products referred to in Article 9(3) of Regulation (EU) 2019/2088, information on how the objective of a reduction in carbon emissions was aligned with the Paris Agreement, containing a description of the contribution of the financial product during the period covered by the periodic report to achieve the objectives of the Paris Agreement, including in respect of an EU Climate Transition Benchmark or EU Paris-aligned Benchmark, the ESG factors and criteria considered by the benchmark administrator in accordance with Delegated Regulation (EU) 2020/1818;

• (d) where the financial market participants have provided at least one previous periodic report in accordance with this Section for the financial product, a historical comparison between the current period covered by the periodic report and previous periods;

• (e) an explanation of how the sustainable investments have contributed to a sustainable investment objective and have not harmed significantly any of the sustainable investment objectives during the period covered by the periodic report, including all of the following:
• (i) how the indicators for adverse impacts in Table 1 of Annex I, and any relevant indicators in Tables 2 and 3 of that Annex, were taken into account;
• (ii) whether the sustainable investment was aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights, including the principles and rights set out in the eight fundamental conventions identified in the Declaration of the International Labour Organisation on Fundamental Principles and Rights at Work and the International Bill of Human Rights;

• (f) information on principal adverse impacts on sustainability factors as referred to in in the section ‘Does this financial product consider principal adverse impacts on sustainability factors?’ in the template set out in Annex III to this Regulation.

Article 60

Top investments for financial products that have sustainable investment as their objective

Article 61

Proportion of sustainability-related investments for financial products that have sustainable investment as their objective

In the section ‘What was the proportion of sustainability-related investments?’ in the template set out in Annex V, financial market participants shall provide all of the following information:

• (a) the proportions of the investments of the financial product that contributed to the sustainable investment objective;

• (b) the purpose of the remainder of the investments during the period covered by the periodic report, including a description of any minimum environmental or social safeguards and whether those investments are used for hedging or relate to cash held as ancillary liquidity;

• (c) the proportion of investments during the period covered by the periodic report in different sectors and sub-sectors.

Article 62

Information on sustainable investments for financial products with the objective of sustainable investment

• (a) a breakdown in accordance with Article 55(1), point (a);

• (b) a description of the sustainable investments in environmentally sustainable economic activities during the period covered by the periodic report, including:
• (i) the information in accordance with Article 55(1), point (b)(i);
• (ii) a graphical representation in the form of a bar chart in accordance with Article 55(1), point (b)(ii);
• (iii) a graphical representation in the form of a bar chart in accordance with Article 55(1), point (b)(iii);
• (iv) the information referred to in Article 15(3), point (b);
• (v) a breakdown in accordance with Article 55(1), point (b)(v);
• (vi) where the financial product invested in sustainable investments with an environmental objective but that are not environmentally sustainable economic activities, a clear explanation of the reasons for doing so;
• (vii) where the financial market participant has provided at least one previous periodic report in accordance with this Section for the financial product, a historical comparison of the degree to which the investments were made in environmentally sustainable economic activities during the period covered by the periodic report and during previous periods;

• (c) a narrative explanation in accordance with Article 55(1), point (b)(viii);

• (d) for financial products having sustainable investments with a social objective, the section ‘What was the share of socially sustainable investments during the period covered by the periodic report’ in the template set out in Annex V shall also contain the share of those sustainable investments.

Article 63

Sustainable performance of the index designated as a benchmark for the sustainable objective

• (a) an explanation of how the index designated as a reference benchmark differs from a relevant broad market index, including at least the performance during the period covered by the periodic report of the sustainability indicators deemed relevant by the financial market participant to determine the alignment of the index with the sustainable investment objective, including the ESG factors referred to in the benchmark statement published by the benchmark administrator in accordance with Article 27(2a) of Regulation (EU) 2016/1011;

• (b) a comparison between the performance of the financial product and the indicators measuring the sustainability factors of the index referred to in point (a) during the period covered by the periodic report;

• (c) a comparison between the performance of the financial product and a relevant broad market index during the period covered by the periodic report.

SECTION 3 Historical comparisons for periodic reports

Article 64

Historical comparisons for periodic reports

• (a) where quantitative disclosures are made, figures with a relative measure such as impact per euro invested;

• (b) which indicators are subject to an assurance provided by an auditor or a review by a third party;

• (c) the proportion of underlying assets of the financial product referred to in the section ‘What was the proportion of sustainability-related investments?’ in the template set out in Annex IV to this Regulation and in the section ‘What was the proportion of sustainability-related investments?’ in the template set out in Annex V.

SECTION 4 Financial products with investment options

Article 65

Financial products with one or more underlying investment options that qualify those financial products as financial products that promote environmental or social characteristics

• (a) that the financial product promotes environmental or social characteristics;

• (b) that the attainment of those characteristics is subject to investing in at least one of the investment options referred to in paragraph 2 of this Article and holding at least one of those options during the holding period of the financial product;

• (c) that further information related to those environmental or social characteristics is available in the annexes referred to in paragraph 2 of this Article.

• (a) for each investment option invested in that qualifies as a financial product that promotes environmental or social characteristics, the information referred to in Articles 50 to 57 of this Regulation;

• (b) for each investment option invested in that qualifies as a financial product that has sustainable investment as its objective, the information referred to in Articles 58 to 63 of this Regulation;

• (c) for each investment option invested in that has sustainable investment as its objective and is not a financial product, the information on the objective of sustainable investment.

Article 66

Financial products with underlying investment options that all have sustainable investment as their objectives

• (a) for each investment option invested in that qualifies as a financial product that has sustainable investment as its objective, the information referred to in Articles 58 to 63;

• (b) for each investment option invested in that has sustainable investment as its objective and is not a financial product, the information on the objective of the sustainable investment.

Article 67

Information on underlying investment options that have sustainable investment as their objective and are not themselves financial products

The information on the objective of the sustainable investment referred to in Article 65(2), point (c), and Article 66(2), point (b), shall contain all of the following:

• (a) a description of the sustainable investment objective;

• (b) the extent to which the sustainable investment objective was attained during the period covered by the periodic report, including the performance of the sustainability indicators used to measure the overall sustainable impacts of the options that have sustainable investment as their objective;

• (c) a description of how the investments do not significantly harm any of the sustainable investment objectives, including all of the following:
• (i) how the indicators for adverse impacts in Table 1 of Annex I and any relevant indicators in Tables 2 and 3 of that Annex, are taken into account;
• (ii) whether the sustainable investment is aligned with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights, including the principles and rights set out in the eight fundamental conventions identified in the Declaration of the International Labour Organisation on Fundamental Principles and Rights at Work and the International Bill of Human Rights.

CHAPTER VI FINAL PROVISIONS

Article 68

Entry into force and application

This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.

This Regulation shall apply from 1 January 2023.

This Regulation shall be binding in its entirety and directly applicable in all Member States.

ANNEX I

Template principal adverse sustainability impacts statement

For the purposes of this Annex, the following definitions shall apply:

• (1) ‘scope 1, 2 and 3 GHG emissions’ means the scope of greenhouse gas emissions referred to in points (1)(e)(i) to (iii) of Annex III to Regulation (EU) 2016/1011 of the European Parliament and of the Council (⁹);

• (2) ‘greenhouse gas (GHG) emissions’ means greenhouse gas emissions as defined in Article 3, point (1), of Regulation (EU) 2018/842 of the European Parliament and of the Council (¹⁰);

• (3) ‘weighted average’ means a ratio of the weight of the investment by the financial market participant in an investee company in relation to the enterprise value of the investee company;

• (4) ‘enterprise value’ means the sum, at fiscal year-end, of the market capitalisation of ordinary shares, the market capitalisation of preferred shares, and the book value of total debt and non-controlling interests, without the deduction of cash or cash equivalents;

• (5) ‘companies active in the fossil fuel sector’ means companies that derive any revenues from exploration, mining, extraction, production, processing, storage, refining or distribution, including transportation, storage and trade, of fossil fuels as defined in Article 2, point (62), of Regulation (EU) 2018/1999 of the European Parliament and of the Council (¹¹);

• (6) ‘renewable energy sources’ means renewable non-fossil sources, namely wind, solar (solar thermal and solar photovoltaic) and geothermal energy, ambient energy, tide, wave and other ocean energy, hydropower, biomass, landfill gas, sewage treatment plant gas, and biogas;

• (7) ‘non-renewable energy sources’ means energy sources other than those referred to in point (6);

• (8) ‘energy consumption intensity’ means the ratio of energy consumption per unit of activity, output or any other metric of the investee company to the total energy consumption of that investee company;

• (9) ‘high impact climate sectors’ means the sectors listed in Sections A to H and Section L of Annex I to Regulation (EC) No 1893/2006 of the European Parliament and of the Council (¹²);

• (10) ‘protected area’ means designated areas in the European Environment Agency’s Common Database on Designated Areas (CDDA);

• (11) ‘area of high biodiversity value outside protected areas’ means land with high biodiversity value as referred to in Article 7b(3) of Directive 98/70/EC of the European Parliament and of the Council (¹³);

• (12) ‘emissions to water’ means direct emissions of priority substances as defined in Article 2(30) of Directive 2000/60/EC of the European Parliament and of the Council (¹⁴) and direct emissions of nitrates, phosphates and pesticides;

• (13) ‘areas of high water stress’ means regions where the percentage of total water withdrawn is high (40-80 %) or extremely high (greater than 80 %) in the World Resources Institute’s (WRI) Water Risk Atlas tool ‘Aqueduct’;

• (14) ‘hazardous waste and radioactive waste’ means hazardous waste and radioactive waste;

• (15) ‘hazardous waste’ means hazardous waste as defined in Article 3(2) of Directive 2008/98/EC of the European Parliament and of the Council (¹⁵);

• (16) ‘radioactive waste’ means radioactive waste as defined in Article 3(7) of Council Directive 2011/70/Euratom (¹⁶);

• (17) ‘non-recycled waste’ means any waste not recycled within the meaning of ‘recycling’ in Article 3(17) of Directive 2008/98/EC;

• (18) ‘activities negatively affecting biodiversity-sensitive areas’ means activities that are characterised by all of the following:
• (a) those activities lead to the deterioration of natural habitats and the habitats of species and disturb the species for which a protected area has been designated;
• (b) for those activities, none of the conclusions, mitigation measures or impact assessments adopted pursuant to any of the following Directives or national provisions or international standards that are equivalent to those Directives have been implemented:
• (i) Directive 2009/147/EC of the European Parliament and of the Council (¹⁷);
• (ii) Council Directive 92/43/EEC (¹⁸);
• (iii) an Environmental Impact Assessment (EIA) as defined in Article 1(2), point (g), of Directive 2011/92/EU of the European Parliament and of the Council (¹⁹);
• (iv) for activities located in third countries, conclusions, mitigation measures or impact assessments adopted in accordance with national provisions or international standards that are equivalent to the Directives and impact assessments listed in points (i), (ii) and (iii);

• (19) ‘biodiversity-sensitive areas’ means Natura 2000 network of protected areas, Unesco World Heritage sites and Key Biodiversity Areas (‘KBAs’), as well as other protected areas, as referred to in Appendix D of Annex II to Commission Delegated Regulation (EU) 2021/2139 (²⁰);

• (20) ‘threatened species’ means endangered species, including flora and fauna, listed in the European Red List or the IUCN Red List, as referred to in Section 7 of Annex II to Delegated Regulation (EU) 2021/2139;

• (21) ‘deforestation’ means the temporary or permanent human-induced conversion of forested land to non-forested land;

• (22) ‘UN Global Compact principles’ means the ten Principles of the United Nations Global Compact;

• (23) ‘unadjusted gender pay gap’ means the difference between average gross hourly earnings of male paid employees and of female paid employees as a percentage of average gross hourly earnings of male paid employees;

• (24) ‘board’ means the administrative, management or supervisory body of a company;

• (25) ‘human rights policy’ means a policy commitment approved at board level on human rights that the economic activities of the investee company shall be in line with the UN Guiding Principles on Business and Human Rights;

• (26) ‘whistleblower’ means ‘reporting person’ as defined in Article 5(7) of Directive (EU) 2019/1937 of the European Parliament and of the Council (²¹);

• (27) ‘inorganic pollutants’ means emissions within or lower than the emission levels associated with the best available techniques (BAT-AEL) as defined in Article 3, point (13) of Directive 2010/75/EU of the European Parliament and of the Council (²²), for the Large Volume Inorganic Chemicals- Solids and Others industry;

• (28) ‘air pollutants’ means direct emissions of sulphur dioxides (SO2), nitrogen oxides (NOx), non-methane volatile organic compounds (NMVOC), and fine particulate matter (PM2,5) as defined in Article 3, points (5) to (8), of Directive (EU) 2016/2284 of the European Parliament and of the Council (²³), ammonia (NH3) as referred to in that Directive and heavy metals (HM) as referred to in Annex I to that Directive;

• (29) ‘ozone depletion substances’ mean substances listed in the Montreal Protocol on Substances that Deplete the Ozone Layer.

For the purposes of this Annex, the following formulas shall apply:

• (1) ‘GHG emissions’ shall be calculated in accordance with the following formula: Image omitted; see official source

• (2) ‘carbon footprint’ shall be calculated in accordance with the following formula: Image omitted; see official source

• (3) ‘GHG intensity of investee companies’ shall be calculated in accordance with the following formula: Image omitted; see official source

• (4) ‘GHG intensity of sovereigns’ shall be calculated in accordance with the following formula: Image omitted; see official source

• (5) ‘inefficient real estate assets’ shall be calculated in accordance with the following formula: Image omitted; see official source

For the purposes of the formulas, the following definitions shall apply:

• (1) ‘current value of investment’ means the value in EUR of the investment by the financial market participant in the investee company;

• (2) ‘enterprise value’ means the sum, at fiscal year-end, of the market capitalisation of ordinary shares, the market capitalisation of preferred shares, and the book value of total debt and non-controlling interests, without the deduction of cash or cash equivalents;

• (3) ‘current value of all investments’ means the value in EUR of all investments by the financial market participant;

• (4) ‘nearly zero-energy building (NZEB)’, ‘primary energy demand (PED)’ and ‘energy performance certificate (EPC)’ shall have the meanings given to them in paragraphs 2, 5 and 12 of Article 2 of Directive 2010/31/EU of the European Parliament and of the Council (²⁴).

Table 1

Statement on principal adverse impacts of investment decisions on sustainability factors

Financial market participant [Name and, where available, LEI]	Financial market participant [Name and, where available, LEI]	Financial market participant [Name and, where available, LEI]	Financial market participant [Name and, where available, LEI]	Financial market participant [Name and, where available, LEI]	Financial market participant [Name and, where available, LEI]	Financial market participant [Name and, where available, LEI]
Summary [Name and, where available, LEI] considers principal adverse impacts of its investment decisions on sustainability factors. The present statement is the consolidated statement on principal adverse impacts on sustainability factors of [name of the financial market participant] [where applicable, insert ‘and its subsidiaries, namely [list the subsidiaries included]’]. This statement on principal adverse impacts on sustainability factors covers the reference period from [insert‘1 January’or the date on which principal adverse impacts were first considered] to 31 December [year n]. [Summary referred to in Article 5 provided in the languages referred to in paragraph 1 thereof]	Summary [Name and, where available, LEI] considers principal adverse impacts of its investment decisions on sustainability factors. The present statement is the consolidated statement on principal adverse impacts on sustainability factors of [name of the financial market participant] [where applicable, insert ‘and its subsidiaries, namely [list the subsidiaries included]’]. This statement on principal adverse impacts on sustainability factors covers the reference period from [insert‘1 January’or the date on which principal adverse impacts were first considered] to 31 December [year n]. [Summary referred to in Article 5 provided in the languages referred to in paragraph 1 thereof]	Summary [Name and, where available, LEI] considers principal adverse impacts of its investment decisions on sustainability factors. The present statement is the consolidated statement on principal adverse impacts on sustainability factors of [name of the financial market participant] [where applicable, insert ‘and its subsidiaries, namely [list the subsidiaries included]’]. This statement on principal adverse impacts on sustainability factors covers the reference period from [insert‘1 January’or the date on which principal adverse impacts were first considered] to 31 December [year n]. [Summary referred to in Article 5 provided in the languages referred to in paragraph 1 thereof]	Summary [Name and, where available, LEI] considers principal adverse impacts of its investment decisions on sustainability factors. The present statement is the consolidated statement on principal adverse impacts on sustainability factors of [name of the financial market participant] [where applicable, insert ‘and its subsidiaries, namely [list the subsidiaries included]’]. This statement on principal adverse impacts on sustainability factors covers the reference period from [insert‘1 January’or the date on which principal adverse impacts were first considered] to 31 December [year n]. [Summary referred to in Article 5 provided in the languages referred to in paragraph 1 thereof]	Summary [Name and, where available, LEI] considers principal adverse impacts of its investment decisions on sustainability factors. The present statement is the consolidated statement on principal adverse impacts on sustainability factors of [name of the financial market participant] [where applicable, insert ‘and its subsidiaries, namely [list the subsidiaries included]’]. This statement on principal adverse impacts on sustainability factors covers the reference period from [insert‘1 January’or the date on which principal adverse impacts were first considered] to 31 December [year n]. [Summary referred to in Article 5 provided in the languages referred to in paragraph 1 thereof]	Summary [Name and, where available, LEI] considers principal adverse impacts of its investment decisions on sustainability factors. The present statement is the consolidated statement on principal adverse impacts on sustainability factors of [name of the financial market participant] [where applicable, insert ‘and its subsidiaries, namely [list the subsidiaries included]’]. This statement on principal adverse impacts on sustainability factors covers the reference period from [insert‘1 January’or the date on which principal adverse impacts were first considered] to 31 December [year n]. [Summary referred to in Article 5 provided in the languages referred to in paragraph 1 thereof]	Summary [Name and, where available, LEI] considers principal adverse impacts of its investment decisions on sustainability factors. The present statement is the consolidated statement on principal adverse impacts on sustainability factors of [name of the financial market participant] [where applicable, insert ‘and its subsidiaries, namely [list the subsidiaries included]’]. This statement on principal adverse impacts on sustainability factors covers the reference period from [insert‘1 January’or the date on which principal adverse impacts were first considered] to 31 December [year n]. [Summary referred to in Article 5 provided in the languages referred to in paragraph 1 thereof]
Description of the principal adverse impacts on sustainability factors [Information referred to in Article 7 in the format set out below]	Description of the principal adverse impacts on sustainability factors [Information referred to in Article 7 in the format set out below]	Description of the principal adverse impacts on sustainability factors [Information referred to in Article 7 in the format set out below]	Description of the principal adverse impacts on sustainability factors [Information referred to in Article 7 in the format set out below]	Description of the principal adverse impacts on sustainability factors [Information referred to in Article 7 in the format set out below]	Description of the principal adverse impacts on sustainability factors [Information referred to in Article 7 in the format set out below]	Description of the principal adverse impacts on sustainability factors [Information referred to in Article 7 in the format set out below]
Indicators applicable to investments in investee companies	Indicators applicable to investments in investee companies	Indicators applicable to investments in investee companies	Indicators applicable to investments in investee companies	Indicators applicable to investments in investee companies	Indicators applicable to investments in investee companies	Indicators applicable to investments in investee companies
Adverse sustainability indicator	Adverse sustainability indicator	Metric	Impact [year n]	Impact [year n-1]	Explanation	Actions taken, and actions planned and targets set for the next reference period
CLIMATE AND OTHER ENVIRONMENT-RELATED INDICATORS	CLIMATE AND OTHER ENVIRONMENT-RELATED INDICATORS	CLIMATE AND OTHER ENVIRONMENT-RELATED INDICATORS	CLIMATE AND OTHER ENVIRONMENT-RELATED INDICATORS	CLIMATE AND OTHER ENVIRONMENT-RELATED INDICATORS	CLIMATE AND OTHER ENVIRONMENT-RELATED INDICATORS	CLIMATE AND OTHER ENVIRONMENT-RELATED INDICATORS
Greenhouse gas emissions	1. GHG emissions	Scope 1 GHG emissions
Greenhouse gas emissions		Scope 2 GHG emissions
Greenhouse gas emissions		Scope 3 GHG emissions
Greenhouse gas emissions		Total GHG emissions
Greenhouse gas emissions	2. Carbon footprint	Carbon footprint
Greenhouse gas emissions	3. GHG intensity of investee companies	GHG intensity of investee companies
Greenhouse gas emissions	4. Exposure to companies active in the fossil fuel sector	Share of investments in companies active in the fossil fuel sector
Greenhouse gas emissions	5. Share of non-renewable energy consumption and production	Share of non-renewable energy consumption and non-renewable energy production of investee companies from non-renewable energy sources compared to renewable energy sources, expressed as a percentage of total energy sources
Greenhouse gas emissions	6. Energy consumption intensity per high impact climate sector	Energy consumption in GWh per million EUR of revenue of investee companies, per high impact climate sector
Biodiversity	7. Activities negatively affecting biodiversity-sensitive areas	Share of investments in investee companies with sites/operations located in or near to biodiversity-sensitive areas where activities of those investee companies negatively affect those areas
Water	8. Emissions to water	Tonnes of emissions to water generated by investee companies per million EUR invested, expressed as a weighted average
Waste	9. Hazardous waste and radioactive waste ratio	Tonnes of hazardous waste and radioactive waste generated by investee companies per million EUR invested, expressed as a weighted average
INDICATORS FOR SOCIAL AND EMPLOYEE, RESPECT FOR HUMAN RIGHTS, ANTI-CORRUPTION AND ANTI-BRIBERY MATTERS	INDICATORS FOR SOCIAL AND EMPLOYEE, RESPECT FOR HUMAN RIGHTS, ANTI-CORRUPTION AND ANTI-BRIBERY MATTERS	INDICATORS FOR SOCIAL AND EMPLOYEE, RESPECT FOR HUMAN RIGHTS, ANTI-CORRUPTION AND ANTI-BRIBERY MATTERS	INDICATORS FOR SOCIAL AND EMPLOYEE, RESPECT FOR HUMAN RIGHTS, ANTI-CORRUPTION AND ANTI-BRIBERY MATTERS	INDICATORS FOR SOCIAL AND EMPLOYEE, RESPECT FOR HUMAN RIGHTS, ANTI-CORRUPTION AND ANTI-BRIBERY MATTERS	INDICATORS FOR SOCIAL AND EMPLOYEE, RESPECT FOR HUMAN RIGHTS, ANTI-CORRUPTION AND ANTI-BRIBERY MATTERS	INDICATORS FOR SOCIAL AND EMPLOYEE, RESPECT FOR HUMAN RIGHTS, ANTI-CORRUPTION AND ANTI-BRIBERY MATTERS
Social and employee matters	10. Violations of UN Global Compact principles and Organisation for Economic Cooperation and Development (OECD) Guidelines for Multinational Enterprises	Share of investments in investee companies that have been involved in violations of the UNGC principles or OECD Guidelines for Multinational Enterprises
Social and employee matters	11. Lack of processes and compliance mechanisms to monitor compliance with UN Global Compact principles and OECD Guidelines for Multinational Enterprises	Share of investments in investee companies without policies to monitor compliance with the UNGC principles or OECD Guidelines for Multinational Enterprises or grievance/complaints handling mechanisms to address violations of the UNGC principles or OECD Guidelines for Multinational Enterprises
Social and employee matters	12. Unadjusted gender pay gap	Average unadjusted gender pay gap of investee companies
Social and employee matters	13. Board gender diversity	Average ratio of female to male board members in investee companies, expressed as a percentage of all board members
Social and employee matters	14. Exposure to controversial weapons (anti-personnel mines, cluster munitions, chemical weapons and biological weapons)	Share of investments in investee companies involved in the manufacture or selling of controversial weapons
Indicators applicable to investments in sovereigns and supranationals	Indicators applicable to investments in sovereigns and supranationals	Indicators applicable to investments in sovereigns and supranationals	Indicators applicable to investments in sovereigns and supranationals	Indicators applicable to investments in sovereigns and supranationals	Indicators applicable to investments in sovereigns and supranationals	Indicators applicable to investments in sovereigns and supranationals
Adverse sustainability indicator	Adverse sustainability indicator	Metric	Impact [year n]	Impact [year n-1]	Explanation	Actions taken, and actions planned and targets set for the next reference period
Environmental	15. GHG intensity	GHG intensity of investee countries
Social	16. Investee countries subject to social violations	Number of investee countries subject to social violations (absolute number and relative number divided by all investee countries), as referred to in international treaties and conventions, United Nations principles and, where applicable, national law
Indicators applicable to investments in real estate assets	Indicators applicable to investments in real estate assets	Indicators applicable to investments in real estate assets	Indicators applicable to investments in real estate assets	Indicators applicable to investments in real estate assets	Indicators applicable to investments in real estate assets	Indicators applicable to investments in real estate assets
Adverse sustainability indicator	Adverse sustainability indicator	Metric	Impact [year n]	Impact [year n-1]	Explanation	Actions taken, and actions planned and targets set for the next reference period
Fossil fuels	17. Exposure to fossil fuels through real estate assets	Share of investments in real estate assets involved in the extraction, storage, transport or manufacture of fossil fuels
Energy efficiency	18. Exposure to energy-inefficient real estate assets	Share of investments in energy-inefficient real estate assets
Other indicators for principal adverse impacts on sustainability factors	Other indicators for principal adverse impacts on sustainability factors	Other indicators for principal adverse impacts on sustainability factors	Other indicators for principal adverse impacts on sustainability factors	Other indicators for principal adverse impacts on sustainability factors	Other indicators for principal adverse impacts on sustainability factors	Other indicators for principal adverse impacts on sustainability factors
[Information on the principal adverse impacts on sustainability factors referred to in Article 6(1), point (a) in the format in Table 2]	[Information on the principal adverse impacts on sustainability factors referred to in Article 6(1), point (a) in the format in Table 2]	[Information on the principal adverse impacts on sustainability factors referred to in Article 6(1), point (a) in the format in Table 2]	[Information on the principal adverse impacts on sustainability factors referred to in Article 6(1), point (a) in the format in Table 2]	[Information on the principal adverse impacts on sustainability factors referred to in Article 6(1), point (a) in the format in Table 2]	[Information on the principal adverse impacts on sustainability factors referred to in Article 6(1), point (a) in the format in Table 2]	[Information on the principal adverse impacts on sustainability factors referred to in Article 6(1), point (a) in the format in Table 2]
[Information on the principal adverse impacts on sustainability factors referred to in Article 6(1), point (b), in the format in Table 3]	[Information on the principal adverse impacts on sustainability factors referred to in Article 6(1), point (b), in the format in Table 3]	[Information on the principal adverse impacts on sustainability factors referred to in Article 6(1), point (b), in the format in Table 3]	[Information on the principal adverse impacts on sustainability factors referred to in Article 6(1), point (b), in the format in Table 3]	[Information on the principal adverse impacts on sustainability factors referred to in Article 6(1), point (b), in the format in Table 3]	[Information on the principal adverse impacts on sustainability factors referred to in Article 6(1), point (b), in the format in Table 3]	[Information on the principal adverse impacts on sustainability factors referred to in Article 6(1), point (b), in the format in Table 3]
[Information on any other adverse impacts on sustainability factors used to identify and assess additional principal adverse impacts on a sustainability factor referred to in Article 6(1), point (c), in the format in Table 2 or Table 3]	[Information on any other adverse impacts on sustainability factors used to identify and assess additional principal adverse impacts on a sustainability factor referred to in Article 6(1), point (c), in the format in Table 2 or Table 3]	[Information on any other adverse impacts on sustainability factors used to identify and assess additional principal adverse impacts on a sustainability factor referred to in Article 6(1), point (c), in the format in Table 2 or Table 3]	[Information on any other adverse impacts on sustainability factors used to identify and assess additional principal adverse impacts on a sustainability factor referred to in Article 6(1), point (c), in the format in Table 2 or Table 3]	[Information on any other adverse impacts on sustainability factors used to identify and assess additional principal adverse impacts on a sustainability factor referred to in Article 6(1), point (c), in the format in Table 2 or Table 3]	[Information on any other adverse impacts on sustainability factors used to identify and assess additional principal adverse impacts on a sustainability factor referred to in Article 6(1), point (c), in the format in Table 2 or Table 3]	[Information on any other adverse impacts on sustainability factors used to identify and assess additional principal adverse impacts on a sustainability factor referred to in Article 6(1), point (c), in the format in Table 2 or Table 3]
Description of policies to identify and prioritise principal adverse impacts on sustainability factors [Information referred to in Article 7]	Description of policies to identify and prioritise principal adverse impacts on sustainability factors [Information referred to in Article 7]	Description of policies to identify and prioritise principal adverse impacts on sustainability factors [Information referred to in Article 7]	Description of policies to identify and prioritise principal adverse impacts on sustainability factors [Information referred to in Article 7]	Description of policies to identify and prioritise principal adverse impacts on sustainability factors [Information referred to in Article 7]	Description of policies to identify and prioritise principal adverse impacts on sustainability factors [Information referred to in Article 7]	Description of policies to identify and prioritise principal adverse impacts on sustainability factors [Information referred to in Article 7]
Engagement policies [Information referred to in Article 8]	Engagement policies [Information referred to in Article 8]	Engagement policies [Information referred to in Article 8]	Engagement policies [Information referred to in Article 8]	Engagement policies [Information referred to in Article 8]	Engagement policies [Information referred to in Article 8]	Engagement policies [Information referred to in Article 8]
References to international standards [Information referred to in Article 9]	References to international standards [Information referred to in Article 9]	References to international standards [Information referred to in Article 9]	References to international standards [Information referred to in Article 9]	References to international standards [Information referred to in Article 9]	References to international standards [Information referred to in Article 9]	References to international standards [Information referred to in Article 9]
Historical comparison [Information referred to in Article 10]	Historical comparison [Information referred to in Article 10]	Historical comparison [Information referred to in Article 10]	Historical comparison [Information referred to in Article 10]	Historical comparison [Information referred to in Article 10]	Historical comparison [Information referred to in Article 10]	Historical comparison [Information referred to in Article 10]

Table 2

Additional climate and other environment-related indicators

Adverse sustainability impact	Adverse impact on sustainability factors (qualitative or quantitative)	Metric
Indicators applicable to investments in investee companies	Indicators applicable to investments in investee companies	Indicators applicable to investments in investee companies
CLIMATE AND OTHER ENVIRONMENT-RELATED INDICATORS	CLIMATE AND OTHER ENVIRONMENT-RELATED INDICATORS	CLIMATE AND OTHER ENVIRONMENT-RELATED INDICATORS
Emissions	1. Emissions of inorganic pollutants	Tonnes of inorganic pollutants equivalent per million EUR invested, expressed as a weighted average
Emissions	2. Emissions of air pollutants	Tonnes of air pollutants equivalent per million EUR invested, expressed as a weighted average
Emissions	3. Emissions of ozone-depleting substances	Tonnes of ozone-depleting substances equivalent per million EUR invested, expressed as a weighted average
Emissions	4. Investments in companies without carbon emission reduction initiatives	Share of investments in investee companies without carbon emission reduction initiatives aimed at aligning with the Paris Agreement
Energy performance	5. Breakdown of energy consumption by type of non-renewable sources of energy	Share of energy from non-renewable sources used by investee companies broken down by each non-renewable energy source
Water, waste and material emissions	6. Water usage and recycling	1. Average amount of water consumed by the investee companies (in cubic meters) per million EUR of revenue of investee companies 2. Weighted average percentage of water recycled and reused by investee companies
Water, waste and material emissions	7. Investments in companies without water management policies	Share of investments in investee companies without water management policies
Water, waste and material emissions	8. Exposure to areas of high water stress	Share of investments in investee companies with sites located in areas of high water stress without a water management policy
Water, waste and material emissions	9. Investments in companies producing chemicals	Share of investments in investee companies the activities of which fall under Division 20.2 of Annex I to Regulation (EC) No 1893/2006
Water, waste and material emissions	10. Land degradation, desertification, soil sealing	Share of investments in investee companies the activities of which cause land degradation, desertification or soil sealing
Water, waste and material emissions	11. Investments in companies without sustainable land/agriculture practices	Share of investments in investee companies without sustainable land/agriculture practices or policies
Water, waste and material emissions	12. Investments in companies without sustainable oceans/seas practices	Share of investments in investee companies without sustainable oceans/seas practices or policies
Water, waste and material emissions	13. Non-recycled waste ratio	Tonnes of non-recycled waste generated by investee companies per million EUR invested, expressed as a weighted average
Water, waste and material emissions	14. Natural species and protected areas	1. Share of investments in investee companies whose operations affect threatened species 2. Share of investments in investee companies without a biodiversity protection policy covering operational sites owned, leased, managed in, or adjacent to, a protected area or an area of high biodiversity value outside protected areas
Water, waste and material emissions	15. Deforestation	Share of investments in companies without a policy to address deforestation
Green securities	16. Share of securities not issued under Union legislation on environmentally sustainable bonds	Share of securities in investments not issued under Union legislation on environmentally sustainable bonds
Indicators applicable to investments in sovereigns and supranationals	Indicators applicable to investments in sovereigns and supranationals	Indicators applicable to investments in sovereigns and supranationals
Green securities	17. Share of bonds not issued under Union legislation on environmentally sustainable bonds	Share of bonds not issued under Union legislation on environmentally sustainable bonds
Indicators applicable to investments in real estate assets	Indicators applicable to investments in real estate assets	Indicators applicable to investments in real estate assets
Greenhouse gas emissions	18. GHG emissions	Scope 1 GHG emissions generated by real estate assets
Greenhouse gas emissions	18. GHG emissions	Scope 2 GHG emissions generated by real estate assets
Greenhouse gas emissions	18. GHG emissions	Scope 3 GHG emissions generated by real estate assets
Greenhouse gas emissions	18. GHG emissions	Total GHG emissions generated by real estate assets
Energy consumption	19. Energy consumption intensity	Energy consumption in GWh of owned real estate assets per square meter
Waste	20. Waste production in operations	Share of real estate assets not equipped with facilities for waste sorting and not covered by a waste recovery or recycling contract
Resource consumption	21. Raw materials consumption for new construction and major renovations	Share of raw building materials (excluding recovered, recycled and biosourced) compared to the total weight of building materials used in new construction and major renovations
Biodiversity	22. Land artificialisation	Share of non-vegetated surface area (surfaces that have not been vegetated in ground, as well as on roofs, terraces and walls) compared to the total surface area of the plots of all assets

Table 3

Additional indicators for social and employee, respect for human rights, anti-corruption and anti-bribery matters

INDICATORS FOR SOCIAL AND EMPLOYEE, RESPECT FOR HUMAN RIGHTS, ANTI-CORRUPTION AND ANTI-BRIBERY MATTERS	INDICATORS FOR SOCIAL AND EMPLOYEE, RESPECT FOR HUMAN RIGHTS, ANTI-CORRUPTION AND ANTI-BRIBERY MATTERS	INDICATORS FOR SOCIAL AND EMPLOYEE, RESPECT FOR HUMAN RIGHTS, ANTI-CORRUPTION AND ANTI-BRIBERY MATTERS
Adverse sustainability impact	Adverse impact on sustainability factors (qualitative or quantitative)	Metric
Indicators applicable to investments in investee companies	Indicators applicable to investments in investee companies	Indicators applicable to investments in investee companies
Social and employee matters	1. Investments in companies without workplace accident prevention policies	Share of investments in investee companies without a workplace accident prevention policy
Social and employee matters	2. Rate of accidents	Rate of accidents in investee companies expressed as a weighted average
Social and employee matters	3. Number of days lost to injuries, accidents, fatalities or illness	Number of workdays lost to injuries, accidents, fatalities or illness of investee companies expressed as a weighted average
Social and employee matters	4. Lack of a supplier code of conduct	Share of investments in investee companies without any supplier code of conduct (against unsafe working conditions, precarious work, child labour and forced labour)
Social and employee matters	5. Lack of grievance/complaints handling mechanism related to employee matters	Share of investments in investee companies without any grievance/complaints handling mechanism related to employee matters
Social and employee matters	6. Insufficient whistleblower protection	Share of investments in entities without policies on the protection of whistleblowers
Social and employee matters	7. Incidents of discrimination	1. Number of incidents of discrimination reported in investee companies expressed as a weighted average 2. Number of incidents of discrimination leading to sanctions in investee companies expressed as a weighted average
Social and employee matters	8. Excessive CEO pay ratio	Average ratio within investee companies of the annual total compensation for the highest compensated individual to the median annual total compensation for all employees (excluding the highest-compensated individual)
Human Rights	9. Lack of a human rights policy	Share of investments in entities without a human rights policy
Human Rights	10. Lack of due diligence	Share of investments in entities without a due diligence process to identify, prevent, mitigate and address adverse human rights impacts
Human Rights	11. Lack of processes and measures for preventing trafficking in human beings	Share of investments in investee companies without policies against trafficking in human beings
Human Rights	12. Operations and suppliers at significant risk of incidents of child labour	Share of investments in investee companies exposed to operations and suppliers at significant risk of incidents of child labour in terms of geographic areas or type of operation
Human Rights	13. Operations and suppliers at significant risk of incidents of forced or compulsory labour	Share of the investments in investee companies exposed to operations and suppliers at significant risk of incidents of forced or compulsory labour in terms in terms of geographic areas and/or the type of operation
Human Rights	14. Number of identified cases of severe human rights issues and incidents	Number of cases of severe human rights issues and incidents connected to investee companies on a weighted average basis
Anti-corruption and anti-bribery	15. Lack of anti-corruption and anti-bribery policies	Share of investments in entities without policies on anti-corruption and anti-bribery consistent with the United Nations Convention against Corruption
Anti-corruption and anti-bribery	16. Cases of insufficient action taken to address breaches of standards of anti-corruption and anti-bribery	Share of investments in investee companies with identified insufficiencies in actions taken to address breaches in procedures and standards of anti-corruption and anti-bribery
Anti-corruption and anti-bribery	17. Number of convictions and amount of fines for violation of anti-corruption and anti-bribery laws	Numbers of convictions and amount of fines for violations of anti-corruption and anti-bribery laws by investee companies
Indicators applicable to investments in sovereigns and supranationals	Indicators applicable to investments in sovereigns and supranationals	Indicators applicable to investments in sovereigns and supranationals
Social	18. Average income inequality score	The distribution of income and economic inequality among the participants in a particular economy including a quantitative indicator explained in the explanation column
	19. Average freedom of expression score	Measuring the extent to which political and civil society organisations can operate freely including a quantitative indicator explained in the explanation column
Human rights	20. Average human rights performance	Measure of the average human right performance of investee countries using a quantitative indicator explained in the explanation column
Governance	21. Average corruption score	Measure of the perceived level of public sector corruption using a quantitative indicator explained in the explanation column
	22. Non-cooperative tax jurisdictions	Investments in jurisdictions on the EU list of non-cooperative jurisdictions for tax purposes
	23. Average political stability score	Measure of the likelihood that the current regime will be overthrown by the use of force using a quantitative indicator explained in the explanation column
	24. Average rule of law score	Measure of the level of corruption, lack of fundamental rights, and the deficiencies in civil and criminal justice using a quantitative indicator explained in the explanation column

ANNEX II

Template pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852

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ANNEX III

Template pre-contractual disclosure for the financial products referred to in Article 9, paragraphs 1 to 4a, of Regulation (EU) 2019/2088 and Article 5, first paragraph, of Regulation (EU) 2020/852

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ANNEX IV

Template periodic disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852

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ANNEX V

Template periodic disclosure for the financial products referred to in Article 9, paragraphs 1 to 4a, of Regulation (EU) 2019/2088 and Article 5, first paragraph, of Regulation (EU) 2020/852

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