Sustainability risks

Legal basis: EU Regulation 2019/2088 (SFDR) | Art. 3: Integration of ESG risks | Art. 4: Adverse sustainability impacts | Applicable from: 10 March 2021

1. What is a sustainability risk?

Within the meaning of Regulation (EU) 2019/2088 (SFDR), a sustainability risk means an environmental, social or governance (ESG) event or condition that, if it occurs, could cause an actual or a potential material negative impact on the value of an investment.

2. Our ESG risk integration policy (Art. 3 SFDR)

Groupe Bianco integrates sustainability risks into its advisory process and in the selection of products distributed, paying particular attention to the ESG policies of our partners:

Environmental risks: exposure to climate risks, energy transition, biodiversity
Social risks: labour practices, human rights, community impact
Governance risks: management quality, transparency, anti-corruption

We inform our clients of the existence of products incorporating ESG criteria and offer adapted options when they express a preference for sustainable investments.

3. Adverse impacts on sustainability factors (Art. 4 SFDR)

PAI Statement (Principal Adverse Impacts):

Groupe Bianco takes into account the principal adverse impacts of investment decisions on sustainability factors. We prioritise partners who publish their PAI indicators. The formalisation of a consolidated PAI statement is in progress.

4. Classification of distributed products

SFDR Classification	Description	Examples of distributed products
Article 6	Integrates sustainability risks without a specific ESG objective	Life insurance with standard unit-linked funds
Article 8	Promotes environmental or social characteristics	ISR / Greenfin labelled contracts
Article 9	Sustainable investment objective	ISR funds with sustainability objective

The classification of each product is communicated in the pre-contractual documentation provided before any subscription.

5. Limits of our approach

Available ESG data is not yet fully standardised. Our assessment is based on information published by our partners. We are committed to continuously improving our approach in line with regulatory developments and available data.

Last updated: 20 April 2026