1. Introduction
The aim of this document is to transparently inform those interested in the services of PETRISK a.s., ID No.: 267 06 245, as an independent insurance intermediary (hereinafter referred to as the “Company”) or the Company’s customers about the Company’s approach to sustainability issues in the field of financial services, in accordance with Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27. November 2019 on sustainability-related disclosures in the financial services sector (the “SFDR”).
The SFDR sets out harmonised rules for financial market participants and financial advisers on transparency regarding the integration of sustainability risks and the consideration of adverse sustainability impacts into their practices and on the provision of sustainability-related information in relation to financial products.
The Company is a financial adviser (i.e., a provider of advice in the distribution of reservable life insurance) as defined in the SFDR and is therefore subject to certain obligations under the SFDR.
2. Interpretation of certain terms
“sustainable investment” investment in economic activity that contributes to environmental objectives, such as investment measured by, for example, key resource efficiency indicators on energy use, renewable energy, raw materials, water and land, waste production, greenhouse gas emissions, or indicators on its impact on biodiversity and the circular economy, or investment in economic activity that contributes to social objectives, in particular investment that contributes to tackling inequalities, or investments that promote social cohesion, social integration and labour relations, or investments in human capital or economically or socially disadvantaged communities, provided that such investments do not significantly undermine any of those objectives and that the investee companies comply with good governance practices, in particular as regards sound management structures, employee relations, remuneration of relevant employees and compliance with tax rules;
‘sustainability risk’ means an environmental, social or governance event or situation which, if it were to occur, could have an actual or potential significant adverse impact on the value of the investment;
“sustainability factors” environmental, social and labour issues, respect for human rights, and anti-corruption and anti-bribery issues.
Společnost uveřejňuje tyto informace prostřednictvím vyhrazeného oddílu webových stránek [zde].
3. Distribution of reserve insurance
The company is an independent insurance intermediary providing advice on the distribution of reserving (life) insurance and is therefore obliged to publish the following information on its website:
- On its policies for incorporating sustainability risks into its insurance advice:
- Risks related to sustainability, i.e. The possible negative impacts of specific environmental, social or corporate governance phenomena on the value of the investment are already taken into account in investment decisions on the part of the insurance product designers [ 1] The Company is only able to inform the customer about the result of the assessment of the likely impact of sustainability risks on the return of the financial product forming the reserving component of the recommended insurance product in the context of providing insurance advice. The Company’s staff considers sustainability risks together with other risks (market risk, credit risk, etc.) in the advisory process, always in relation to the specific needs and requirements of the customer, including the customer’s sustainability preferences.In general and in advance, customers can only be informed that the return on any investment may also be negatively affected by an environmental, social or governance event or situation.
- Whether it takes into account the main adverse impacts of investment decisions on sustainability factors in its insurance advice
Společnost uveřejňuje tyto informace prostřednictvím vyhrazeného oddílu webových stránek [zde].
4. Conflict of interests
Společnost se při zprostředkování pojištění řídí pravidly pro zjišťování a řízení střetu zájmů. Cílem pravidel řízení střetu zájmů je při zprostředkování pojištění efektivně zjišťovat a řídit střety zájmů, aby v jejich důsledku nedocházelo k poškozování zájmů zákazníků, včetně jejich případných preferencí týkajících se udržitelnosti. Podrobnější informace o pravidlech řízení střetu zájmů jsou uvedeny zde.
5. Remuneration principles
The Company is required by the SFDR to include in its remuneration policy information on how consistent the policy is with the inclusion of sustainability risks and to publish this information on its website. This obligation is fulfilled by the Company through this document.
The Company’s remuneration policy is consistent with the inclusion of sustainability risks as it does not in any way incentivise the Company’s employees to take excessive risks in relation to sustainability risks when providing services to customers.
12.06.2024
[1] Creators usually apply the so-called. negative and positive screening. Negative screening can exclude companies that operate in controversial industries or companies that seriously violate important multinational or national regulations, policies or rules. Positive screening, on the other hand, contributes to the fact that through the investment instruments or products offered, investments are made in companies that are, for example, the best in terms of sustainability factors. on average better than others in their sector, meet one of the generally recognised benchmarks, etc.
