Sustainable Finance Disclosure Regulations

DISCLOSURE STATEMENT 2024 

All references to “Platina” refer to both Platina Partners LLP and its relevant subsidiaries, including Platina Equity Solutions Management S.à.r.l.

Article 3

The Sustainable Finance Disclosure Regulations (“SFDR”) require financial market participants, including but not limited to investment managers and investment advisers, to consider sustainability risks across various aspects of their activities and make certain website and pre-contractual disclosures relating to their relevant policies.

Sustainability risks are environmental, social or governance events or conditions that, if they occur, could cause an actual or potential material negative impact on the value of an investment.

As part of its investment selection and monitoring processes, Platina considers sustainability risks and assesses whether there are any likely impacts of sustainability risks on the returns of the investments which it manages or advises. The consideration of these risks is integrated throughout the investment process:

• Pre-investment: prior to any investment considerations, Platina screens out companies which are part of the sectors identified in its exclusion policy. During its investment selection process, Platina carries out a systematic review of non-financial information to identify the sustainability risks linked to potential investments. This review is then included in the investment memorandum.
• Holding:. As part of the governance of its portfolio companies, Platina regularly tracks and raises ESG topics at board level, as it retains at least one board seat in each portfolio company. For some of its portfolio companies, Platina Partners LLP has started to report annually on ESG indicators defined with the support of a specialist service provider, which allows the identification and monitoring of sustainability risks.
• Exit: ESG information can be included in the exit memorandum.

Finally, Platina Partners LLP has been a PRI signatory since 2020 and supports the iC20 movement, which binds it to integrating ESG risks over time.

Article 4

Platina does not take principal adverse impacts into account at management company level and will not be able to report on the mandatory PAIs for funds previously raised, due to the unavailability of the data. The management company did not report on such data before 2023 and consequently, the Funds raised before this time did not perform a data collection relating to PAIs. However, Platina Partners LLP is committed to integrating the principal adverse impacts for all the assets in its newest fund, Platina Equity Solutions III, which promotes environmental and social characteristics. The sustainability-related disclosures for Platina Equity Solutions III can be found here..

More details on Platina’s responsible investment policies and investment approach can be found in Platina’s ESG charter.

Article 5

Regarding Platina’s remuneration policy, Platina is implementing sustainability risk and responsible investment objectives for its Executive and Investment Teams and as appropriate, for the wider team. These are linked to flexible remuneration and are designed to prevent investment teams taking high risks, and to focus on a long-term value creation logic.

To this end, one out of the three criteria of the variable remuneration is based on the attainment of a sustainability objective, which consists in supporting the implementation of ESG-linked measures in portfolio companies (for instance the inclusion of ESG topics on the agenda of the Board, setting ESG KPIs and reporting on them…).

The nature and the number of ESG-linked criteria might evolve over time.