Sustainability Regulatory Disclosures
For sustainability (SFDR) disclosures and information from NIBC Infrastructure Partners I B.V. regarding NIBC European Infrastructure Fund I C.V., please click here.
EU Sustainable Finance Disclosure Regulation
The EU Sustainable Finance Disclosure Regulation (SFDR) aims to make the sustainability impact of financial market participants more comparable and better understood by end-investors. One of the ways it does this is by introducing requirements to disclose how environmental, social and governance (ESG) outcomes are assessed and taken into account (or not) in an investment process. The SFDR is one of the many initiatives which fall under the European Green Deal and EU Sustainable Finance Action Plan.
NIBC Bank (“NIBC”) publishes disclosures in line with SFDR requirements, including a Principle Adverse Impact (PAI) statement. This statement provides insights into our governance and approach for mitigating and managing the potential adverse ESG impacts of our investments. NIBC also separately provides statements (as mandated by the SFDR, for example Article 8) to clients in relation to collateral management services where these fall within the scope of the SFDR.
NIBC also publishes information on how the remuneration policies of NIBC are consistent with the integration of sustainability risks. SFDR defines sustainability risk as 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 an investment. NIBC’s remuneration policies are balanced and aligned with NIBC’s strategy and risk appetite, and include environmental, social and governance considerations. The policies include six key principles: remuneration is (i) aligned with business strategy, risk appetite and sustainability ambitions; (ii) appropriately balanced between short and long term; (iii) differentiated and linked to the achievement of performance objectives and the results of the bank; (iv) externally competitive and internally fair; (v) managed in an integrated manner that takes into account total compensation and (vi) is determined in a gender neutral manner.
UK Modern Slavery Act
The 2015 UK Modern Slavery Act requires relevant companies to prepare and publish a slavery and human trafficking statement within six months of its published annual accounts for each financial year. Modern slavery refers to criminal abuses of core human rights. It includes the offences of slavery, servitude and forced or compulsory labour, as well as human trafficking.
NIBC publishes a Modern Slavery Statement annually in compliance with the Act. This disclosure provides insights into NIBC’s human rights policies, the standards that we apply, and our progress each year on human rights issues in our financings, operations and supply chain.
Non-financial Report Archive
NIBC provides an archive of past sustainability disclosures including our Sustainability Reports, GRI Content Indexes, and sustainability regulatory disclosures.
