In accordance with Article 4, paragraph 1, subparagraph a) of the SFDR, Elfi hereby declares that it takes into account the adverse effects of its investment decisions on sustainability factors. Elfi promotes various environmental and social characteristics and considers adverse sustainability impacts in its investment decision-making procedures.
This is done through a due diligence process, in which the indicators we use are aligned with our ESG strategy. Real estate investments can have negative impacts on sustainability factors, including environmental, social, and governance aspects. For example, investments in non-energy-efficient homes can negatively affect both the climate and the tenants of those homes. Therefore, Elfi considers such adverse effects when making investment decisions.