The Money in Excel template can retrieve account information at most major financial institutions. This option helps you integrate your bank accounts and other financial data into Excel so you can track your expenses, spending habits, investments, and more. If you want to manage your financial accounts but don’t need a full-featured and expensive program like Quicken, Microsoft offers a free add-on service called Money in Excel. How to Set Up Two-Factor Authentication.How to Record the Screen on Your Windows PC or Mac.How to Convert YouTube Videos to MP3 Files.How to Save Money on Your Cell Phone Bill. How to Free Up Space on Your iPhone or iPad.How to Block Robotexts and Spam Messages.See also: EU Sustainable Finance Action Plan, EU Taxonomy, Paris Agreement, European Green Deal. Apart from being ready to make its own disclosures in prospectuses, annual reports and on the website, Robeco will therefore support its clients in providing the information they need to become compliant with the new framework. Many of Robeco’s clients will also become subject to the new regulatory requirements. While detailed requirements relating to adverse impact are only expected to become final in January 2021, Robeco has dedicated efforts to make sure it is prepared, for example by creating adverse impact prototype tooling to assess how funds perform when measured on the indicators.Ī project management team of over 30 staff representing all key departments in Robeco is leading efforts in this process to make sure the whole firm is compliant. The compulsory factors range from carbon emissions, fossil fuel exposure and waste levels (E) to gender diversity and due diligence over human rights (S) and a company’s record on exposure to corruption, bribery or other scandals (G). This will be policed using a system of 64 adverse impact indicators, of which 18 will be mandatory to report, and 46 will be voluntary. These require an asset manager to describe its due diligence policy on how it will take the principal adverse impacts which investee companies have on sustainability factors into account when making investment decisions. In practical terms, asset managers will need to update fund prospectuses, website product information and Key Investor Information Documents (KIIDs), along with their due diligence policy.Īdverse impact statements will be introduced from June 2021. Subject to final approval from the regulatory authorities, Robeco expects that most of its funds will be classified as Article 8, with the Impact Investing range (branded as RobecoSAM) classified as Article 9, and a handful of Article 6. Article 9, also known as ‘products targeting sustainable investments’, covers products targeting bespoke sustainable investments and applies “… where a financial product has sustainable investment as its objective and an index has been designated as a reference benchmark.”.
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