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Our commitment to sustainability

Taking into consideration Hvitsten's aim of managing funds that make investments in renewable energy assets or renewable energy related assets, Hvitsten is of the view that such investments, by concept, have the potential to or will make a positive contribution towards the environmental objective of mitigation of climate change. This long-term vision is aligned with the United Nations Sustainable Developments Goals (“SDGs”), with a particular focus on SDG 7, clean and affordable energy. Hvitsten ’s standard for sustainable investments is based on the assumption that a consistent focus on sustainability factors (environmental, social and governance issues) is critical to the long-term success of investments.

Hivtsten’s approach is guided by internationally recognised principles such as the UN Global Compact, the UN Guiding Principles on Business and Human Rights, the G20/OECD Principles of Corporate Governance, the OECD Guidelines for Multinational Enterprises and other sector specific standards.

Sustainability-related disclosures (SFDR)

Hvitsten is currently managing Wind Fund I AS (org. no. 928924041) (the "Fund") which has made renewable energy infrastructure investments. Through managing the Fund's portfolio of renewable energy assets, Hvitsten will assist in channeling capital towards the environmental objective of climate change mitigation and will contribute to the UN’s Sustainable Development Goals ("SDGs"), primarily SDG 7 targeting increased access to affordable, reliable, and clean energy.

Hvitsten's disclosures pursuant to Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector (the "SFDR") Articles 3, 4 and 5 and detailed requirements thereto in Commission Delegated Regulation (EU) 2022/1288 (the "SFDR RTS") are set out below.

Go to the articles related to Sustainability-related disclosures (SFDR)

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Sustainability disclosures

SFDR Article 10 requires that market participants, such as Hvitsten AS, publish sustainability information about their article 8 or article 9 financial products on their websites.

SFDR Article 10
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Transparency of sustainability risk policies

Hvitsten has been appointed to provide portfolio management and risk management services to the Fund in relation to the management of the Fund's portfolio.

SFDR Article 3
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No consideration of principal adverse impacts of investment decisions on sustainability factors

SFDR article 4 requires AIFMs such as Hvitsten to publish and maintain on their websites information on whether they consider principal adverse impacts ("PAI") of investment decisions on sustainability factors

SFDR Article 4
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Transparency of remuneration policies in relation to the integration of sustainability risks

Hvitsten’s remuneration policy consists of fixed salary and variable remuneration when applicable. The variable component of the remuneration is determined according to specific models.

SFDR Article 5