Sustainability-Related Disclosures under SFDR for IMMO Capital Fund GP S.à r.l.
Article 3 SFDR – Transparency on Sustainability Risks
Consideration of Sustainability Risks
IMMO Capital Fund GP S.à r.l. (the “AIFM”), as the Alternative Investment Fund Manager of investment funds, integrates sustainability risks into its investment decision-making processes. Sustainability risks refer to environmental, social, or governance (ESG) events or conditions that, if they occur, could have a material negative impact on the financial performance of investments.
The AIFM considers climate-related risks and regulatory developments concerning energy efficiency and CO₂ reduction as key factors in its investment strategy. These risks are evaluated as part of the AIFM’s overall risk management framework, particularly in the context of real estate investments, to minimize potential financial and regulatory exposure.
Integration into the Decision-Making Process
As part of its investment selection and management process, the AIFM:
• Assesses energy performance and CO₂ emissions of real estate assets based on relevant certifications and available data.
• Identifies opportunities for sustainability improvements, including energy-efficient renovations, heating system upgrades, and improved insulation to enhance asset performance.
• Incorporates sustainability risk assessments into investment due diligence to ensure long-term asset value retention and regulatory compliance.
By proactively addressing sustainability risks, the AIFM aims to enhance the resilience and long-term value of the assets under management while mitigating exposure to regulatory and environmental risks.
Article 4 SFDR – Transparency on Adverse Sustainability Impacts (PAI Statement)
Consideration of Principal Adverse Impacts (PAI)
IMMO Capital Fund GP S.à r.l. considers Principal Adverse Impacts (PAI) in its investment decision-making process, particularly those related to climate and environmental factors in real estate investments.
While the AIFM does not currently commit to reporting under Article 4(1)(a) SFDR, which requires detailed disclosure of PAI indicators, it acknowledges the relevance of sustainability factors in assessing investment risks and opportunities.
The AIFM takes adverse sustainability impacts into account by:
• Monitoring the CO₂ emissions and energy efficiency of managed real estate assets.
• Encouraging the adoption of energy-efficient technologies, such as heat pumps, improved insulation, and renewable energy sources.
• Considering the regulatory landscape and future sustainability requirements to assess potential financial risks associated with non-compliant assets.
Methods and Data Sources
To evaluate sustainability impacts, the AIFM:
• Uses internal tools and industry benchmarks to assess energy efficiency and CO₂ reduction potential.
• Engages with property managers, consultants, and sustainability experts to identify improvement areas.
• Monitors developments in regulatory and market best practices to align investment decisions with evolving sustainability standards.
Monitoring and Reporting
The AIFM continuously monitors sustainability risks and impacts, integrating relevant data into its investment strategies. While a formal PAI Statement is not published at this stage, sustainability-related performance is reviewed regularly. Investors may request additional information on sustainability initiatives upon inquiry.