No Consideration of Adverse Impacts of Investment Decisions on Sustainability Factors
As an Article 8 fund, Nordic Science Investments is committed to promoting environmental and social characteristics within its investment strategy. However, in accordance with Article 4(1) of the Sustainable Finance Disclosure Regulation (SFDR), we do not currently consider the principal adverse impacts (PAIs) of investment decisions on sustainability factors. This is due to the challenges associated with obtaining consistent, reliable, and comprehensive data, particularly given the nature of our portfolio, which includes early-stage companies for which sufficient data may not be readily available.
We will review this position on an annual basis and make any necessary updates to ensure continued compliance with the SFDR. As the availability of relevant data improves and regulatory frameworks evolve, we may begin to consider PAIs in alignment with Table 1 of Annex I, or any other applicable frameworks, in accordance with the prevailing regulatory requirements.
This statement shall be reviewed annually, with any updates published no later than 30 June each year, in compliance with the requirements set forth under Article 12 of the SFDR.