Sustainability

This site outlines the approach taken by Future Industry Ventures S.à r.l. ("FIV" or the "AIFM") in respect of the integration of Environmental, Social and Governance factors within its investment decision-making process, in accordance with the relevant provisions of 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 ("SFDR").

FIV acts as a Luxembourg registered alternative investment fund manager, within the meaning of the Directive 2011/61/EU of the European Parliament and of the Council of 8 June 2011 on Alternative Investment Fund Managers, and is subject to article 3 (2) b of the Law of 12 July 2013 on alternative investment fund managers.

FIV acts as the alternative investment fund manager of FIV Industry 4.0 Ventures Fund S.C.Sp. (the "Fund").

FIV does not consider adverse impacts of investment decisions on sustainability factors.

The investment policy of the Fund is to generate long-term capital appreciation through equity and equity related instruments in selected entities. The Fund’s investment strategy is to make, directly or through intermediate vehicles, investments in early stage companies in Industry 4.0-related sectors, with innovative business models and promising enabling technologies. These companies shall focus on cutting edge technology and support the demand for decentralization, connectivity, sustainability and security.

The Fund has started investing its funds and identified investment opportunities in start-ups in order to realize risk diversification effects in a well-balanced portfolio in accordance with the investment policy.

While building the portfolio of investments, the AIFM has not designed and adopted for the Fund an internal policy with respect to the integration of sustainability risks in the investment decision-making process. Besides the AIFM has not implemented measures to assess the likely impact of such Sustainability Risks on the returns of the Fund. Sustainability risks are defined as environmental, social or governance events or conditions that the AIFM considers could have a principal adverse impact on the value of one or more investments in the Fund in accordance with the SFDR (“Sustainability Risks”).

Having due regard to the singular nature of start-ups, the diversity of the industries into which they are developing their businesses, it is expected that it will be difficult to identify common sustainability factors applicable to all the targeted companies and to be provided with reliable data from such early stage companies. As a result, it is not deemed relevant to integrate Sustainability Risks into the investment decision-making process of the Fund within the meaning of Article 6 (1) §2 of SFDR. Identifying and integrating Sustainability Risks common to the portfolio of assets could prevent the Fund to deploy its investment policy if it had to ensure that each targeted company would be able to meet its objectives in terms of sustainability and to provide appropriate and reliable data in respect thereto. As a consequence, the AIFM will not assess the likely impact of such Sustainability Risks on the returns of the Fund.

Nevertheless, the AIFM and the Fund are working towards the establishment of guiding principles with respect to the integration of environmental, social and governance risk factors that will be applicable to the investments of the Fund in the course of their development and that both the AIFM and the Fund will strive to follow.

Given that FIV does not take into account sustainability risks, its remuneration policies do not take these into account either.

The above statements are provided solely for informational purposes in accordance with the provisions of the SFDR. It does not constitute an offer or solicitation of an offer to subscribe for interests of FIV Industry 4.0 Ventures Fund S.C.Sp.  which are reserved to eligible investors only.