The EU regulation on sustainability related disclosures for the financial services sector (SFDR) seeks to ensure increased transparency on the integration of ESG related risks in the investment decision-making of financial market participants, through disclosures.

NESF classifies under Art. 9 of the SFDR and Taxonomy regulation, being a financial product that has sustainable investment as its objective. As a fund that invests in renewable energy infrastructure, NESF substantially contributes to climate mitigation and have been reporting on its carbon emission avoided since inception.

Following a compliance exercise undertaken in 2020 with the support of an independent lawyer, NES has prepared the ESG Disclosure document in March 2021, as well as the relevant pre-contractual disclosure and disclosure to investors as per SFDR and Taxonomy requirements. Please find the ESG Disclosure document below.

In 2022, in line with the SFDR and Taxonomy requirements for Art 9 funds, NESF is enhancing its transparency and it is disclosing according to Annex III and V of the SFDR and Taxonomy Regulatory Technical Standard (RTS). Please find Annex V below.

NEC will continue to monitor compliance and is working towards compliance with the ongoing obligations which are yet to come into force.

If you need further details please download our FAQ on how the regulation applies, how NEC’s fund are classified and what are next steps of compliance.