[et_pb_section fb_built=”1″ custom_padding_last_edited=”off|desktop” _builder_version=”4.27.4″ custom_padding=”80px|2px|||false|false” custom_padding_tablet=”150px||||false|false” custom_padding_phone=”90px||||false|false” global_colors_info=”{}”][et_pb_row _builder_version=”4.27.0″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” border_color_all=”#FFFFFF” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.27.4″ text_font=”Red Hat Light||||||||” text_text_color=”#000000″ text_font_size=”15px” header_font=”||on||||||” header_2_font=”Red Hat Medium||||||||” header_2_text_color=”#000000″ header_2_font_size=”15px” header_3_font=”–et_global_heading_font||||||||” header_3_font_size=”19px” background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_margin=”||25px|||” inline_fonts=”Red Hat Medium,Red Hat Light” global_colors_info=”{}”]<\/p>\n
[\/et_pb_text][et_pb_text ul_item_indent=”30px” _builder_version=”4.27.4″ text_font=”Red Hat Light||||||||” text_text_color=”#000000″ text_font_size=”15px” link_font=”Red Hat Medium||||||||” header_font=”||on||||||” header_2_font=”Red Hat Medium||||||||” header_2_text_color=”#000000″ header_2_font_size=”15px” header_3_font=”–et_global_heading_font||||||||” header_3_font_size=”19px” background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_margin=”||0px||false|false” inline_fonts=”Red Hat Light” global_colors_info=”{}”]<\/p>\n
Vinga Corporate Bond promotes environmental and social characteristics in investment decisions and is regulated by SFDR Article 8.<\/p>\n
The fund promotes environmental and social characteristics but does not have sustainable investment as its objective.<\/p>\n
The fund promotes environmental and social characteristics in investment decisions by (1) excluding certain activities for risk- or ethical reasons. Ethical reasons can come from activities, products and\/or practices, as well as violations of international norms, (2) companies with weak sustainability performance that could mean negative consequences for sustainability factors are actively influenced by us to improve with a focus on ESG risk mitigation. See details in the following section.<\/p>\n
ESG risk analysis<\/span><\/span> Engagement process <\/span><\/span> Exclusions<\/span><\/span> At least 80% of the fund’s holdings should promote environmental and social characteristics. The remaining share of maximum 20% consists of holdings that help to ensure good sector and issuer diversification. This group also includes holdings that have not yet received an ESG risk rating.<\/p>\n Monitoring and analysis are carried out on an ongoing basis by the fund manager to detect any breach of the 5% level for excluded activities. Annual reports, quarterly reports and press releases are screened, and the manager participates in investor meetings in connection with quarterly reports and new issues where questions can be asked if there are any ambiguities. A new ESG risk analysis and rating is carried out within one month when a new company that has not been analyzed previously enters the fund. The analyses are then updated annually or in the event of specific events such as acquisitions and mergers. Vinga Corporate Bond’s compliance and risk function performs checks on the applicable sustainability policy.<\/p>\n The analyses for the small and medium-sized companies are based on the SustainAX methodology for ESG risk analysis. See link for SustainAX’s method: https:\/\/www.sustainax.com\/index.php\/our-esg-rating-methodology-processes\/<\/a>. For the larger companies, we make our own ESG risk rating based on ESG data from Datias and Bloomberg. To ensure that no holding has too much activity to be excluded, an analysis of holdings is carried out, and for further assurance, an ESG report is ordered from Datia on all holdings once a quarter. The Datia report specifically states whether companies are involved in controversial activities and\/or with sanctioned countries.<\/p>\n Our sources are SustainAX, Datia, Bloomberg and information from the companies. Our data sources are based on public information gathered from websites, annual reports, investment memoranda and investor meetings.<\/p>\n The limitations are that we have to rely largely on the information published by the companies themselves. However, the advantage of using only public information is that companies take a major media and regulatory risk by not being truthful, which we believe few companies want to do. Our partners’ analytical methodologies have been developed and refined over several years. We consider the risk of major measurement errors and other sources of error occurring in the analysis to be small.<\/p>\n SIP Nordic Fondkommission and AIFM Group carry out regular checks of the fund’s risk profile and policy compliance.<\/p>\n When a holding receives an ESG risk rating of less than 30, an engagement process is initiated unless we choose to divest the holding. We contact the company and point out the shortcomings we see in the company’s sustainability work. We are co-operative and give the company a chance to respond and improve. If there has been no success within six months of the engagement process being initiated, the holding is divested. Success means that the company responds with better reporting and policies in the areas where we see shortcomings. If it is hopeless to start an engagement process, or the company does not respond within a reasonable time and thus shows that they are not interested in cooperating or improving their sustainability work, the holding is divested.<\/p>\n Vinga Corporate Bond does not use a benchmark index with a sustainability focus.<\/p>\n [\/et_pb_text][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” text_text_color=”#000000″ text_font_size=”15px” custom_margin=”1px||1px||true|false” global_colors_info=”{}”]1<\/sup>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.<\/span><\/p>\n 2<\/sup>Environmental, social and governance (ESG) refers to a set of criteria for evaluating corporate performance that assesses the robustness of a company’s governance mechanisms and its ability to effectively manage its environmental and social impacts.[\/et_pb_text][et_pb_text ul_item_indent=”30px” _builder_version=”4.27.4″ _module_preset=”default” text_font=”Red Hat Light||||||||” text_text_color=”#000000″ text_font_size=”15px” link_font=”Red Hat Medium||||||||” header_font=”||on||||||” header_2_font=”Red Hat Medium||||||||” header_2_text_color=”#000000″ header_2_font_size=”15px” header_3_font=”–et_global_heading_font||||||||” header_3_font_size=”19px” background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_margin=”0px||10px||false|false” global_colors_info=”{}”]<\/p>\n [\/et_pb_text][et_pb_code _builder_version=”4.27.4″ _module_preset=”default” custom_css_free_form=”.entry-content thead th, .entry-content tr th {|| color: #c0ab89;|| font-family: ‘Red Hat Medium’;|| font-weight: 500;||}||||.entry-content tr th, .entry-content tr td {|| padding: 6px 10px;||}” global_colors_info=”{}”]<\/p>\n <\/p>\n <\/p>\n <\/tr>\n <\/p>\n <\/p>\n <\/p>\n <\/tr>\n <\/table>\n [\/et_pb_code][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.16″ background_color=”#ececec” custom_padding=”30px||30px||true|” locked=”off” global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ custom_padding=”||0px||false|false” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ global_colors_info=”{}”][et_pb_image src=”https:\/\/media.vingacorporatebond.se\/2020\/02\/vinga-corporate-bond-logo.svg” alt=”vinga logotype” _builder_version=”4.16″ width=”300px” module_alignment=”center” custom_margin=”||19px|||” global_colors_info=”{}”][\/et_pb_image][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” text_font=”Playfair Display||on||||||” text_font_size=”16px” link_text_color=”#595959″ custom_margin=”||25px|||” inline_fonts=”Playfair Display” global_colors_info=”{}”]<\/p>\n A part of the Vinga Group<\/a><\/span><\/em><\/p>\n [\/et_pb_text][et_pb_text _builder_version=”4.27.4″ text_font=”Red Hat Regular||||||||” text_text_color=”#152334″ text_font_size=”12px” text_letter_spacing=”1px” text_orientation=”center” custom_margin=”||0px||false|false” custom_padding=”||0px||false|false” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n \u00a9 Vinga Corporate Bond 2025 \/\/ info@vingacorporatebond.se<\/a><\/p>\n
An ESG risk rating is produced for all holdings. The rating can be between 0 – 100 where 100 corresponds to the highest sustainability rating, which corresponds to the lowest ESG risk. Vinga Corporate Bond collaborates with SustainAX for ESG analysis of small and medium-sized Nordic companies and uses data from Datia and Bloomberg for analysis of larger companies.<\/p>\n
An ESG risk rating below 30 corresponds to a weak sustainability performance where ESG risks are elevated. At those levels, an engagement process is started by us. An engagement process means that we contact the company and point out the shortcomings we see in the company’s sustainability work. We are co-operative and give the company a chance to respond and improve. If no progress has been made within 6 months, the holding is divested. Success means that the company responds with better reporting and policies in the areas where we see shortcomings. If it is futile to initiate an engagement process, or the company does not respond within a reasonable time and thereby demonstrating that they are not interested in cooperating or improving their sustainability work, the holding is divested.<\/p>\n
We exclude certain businesses for risk and ethical reasons. None of the holdings in Vinga Corporate Bond may have more than 5% of their revenue in the activities excluded for risk and ethical reasons. <\/span><\/p>\n\n
5. Proportion of investments<\/h2>\n
6. Monitoring of environmental or social characteristics<\/h2>\n
7. Methodologies for environmental or social characteristics<\/h2>\n
8. Data sources and data processing<\/h2>\n
9. Limitations of methods and data<\/h2>\n
10. Due diligence<\/h2>\n
11. Engagement strategies<\/h2>\n
12. Benchmark index<\/h2>\n
13. Changes<\/h2>\n
<\/p>\n
<\/p>\n Version<\/th>\n Description of change in policy<\/th>\n Date<\/th>\n <\/p>\n 1.0<\/td>\n First version of the document Sustainability-related disclosures for Vinga Corporate Bond<\/td>\n 2024-12-10<\/td>\n