sustainability risk

an environmental, social or governance event or condition that, if it occurs, could cause an actual or a potential material negative impact on the value of the investment; (EU 2019/2088 Art 2(1)(22))

sustainability factor

environmental, social and employee matters, respect for human rights, anti‐corruption and anti‐bribery matters; 2019/2088 Art 2(1)(24))

sustainable investment

an investment in an economic activity that contributes to an environmental objective or a social objective, provided that such investments do not significantly harm any of those objectives and that the investee companies follow good governance practices Art 2(1)(17))

environmentally sustainable economic measure

To be added later when the Regulation has been published in the Official Journal and been assigned a number (Taxonomy, Art 3)

financial market participant

- an insurance undertaking which makes available an insurance‐based investment product;

- an investment firm or credit institution which provides portfolio management;

- an institution for occupational retirement provision;

- a manufacturer of a pension product;

- an alternative investment fund manager (AIFM);

- a pan‐European personal pension product (PEPP) provider

- a manager of a qualifying venture capital fund

- a manager of a qualifying social entrepreneurship fund

- a UCITS management company

(EU 2019/2088 Art 2(1)(1))

financial adviser

- an insurance intermediary or insurance undertaking which provides insurance advice with regard to an insurance-based investment product

- a credit institution, investment firm, AIFM or fund management company which provides investment advice

(EU 2019/2088 Art 2(1)(11))

financial product

- an asset management service under the Investment Firms Act

- alternative investment fund

- an insurance-based investment product

- a pension product

- a pension scheme

- an UCITS

- a PEPP product

(EU 2019/2088 Art 2(1)(12))