INSURANCE GUARANTEES SIMPLIFIED LIMITED LIABILITY COMPANY
Registered office: VIA ALBERTO TALLONE 84- ROME (RM)
Determination of the sole director
Statement on the main negative effects of investment advice on sustainability factors
Assessment of the main negative sustainability effects of insurance consultancy
In the process of intermediation of insurance investment products IBIPs, the agency considers the main negative effects on sustainability factors through the sale of products designed and made available by the principal company, which ensures that its catalogue includes insurance products with a financial component whose negative effects are monitored by an adequate due diligence process aimed at identifying, preventing and mitigating such effects.
To identify negative impacts, information transmitted directly by the manufacturer is used in order to distinguish sustainable IBIPs products, i.e. products that contribute to the achievement of ESG objectives with a different level of ambition, from those not focused on sustainability.
It is thus possible to draw up this declaration for the products offered for consultancy regarding the actual – or alternatively the lack of – consideration of negative effects relating to the climate and the environment, such as greenhouse gas emissions, biodiversity, water resources, waste and concerning social issues and the protection of human and workers' rights, such as the violation of the principles of the United Nations Global Compact and the Organisation for Economic Co-operation and Development (OECD) guidelines for multinational enterprises, the gender pay gap and gender diversity.
Furthermore, in compliance with the provisions of the client company, the agency undertakes not to offer products relating to companies operating in sectors linked to the production of controversial weapons, such as anti-personnel mines, cluster munitions, chemical or biological weapons, as well as investments characterised by a high sustainability risk.
Operationally, in carrying out its activities, the agency respects this assessment through the use of IT systems and questionnaires made available by the company, designed to detect in detail any sustainability preferences and to enrich the process of providing the consultancy service and portfolio evaluation with ESG issues.
Date, 07.09.2023