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European ESG Committee

Scope

The committee has been created in 2022 to establish, maintain, further develop and monitor the ESG strategies and sustainability characteristics of the products managed by and services conducted by VanEck in Europe.

Objective

The European ESG Committee aims at achieving and maintaining the highest standards of integrity, reporting and internal control on all relevant ESG matters. Furthermore, the committee’s objective is to enhance the sustainability of VanEck´s products and services and ensure that appropriate policies and procedures are in place concerning the prevention and detection of green washing.

Responsibilities

Among other tasks, the European ESG Committee is responsible for creating, reviewing and improving ESG strategies, monitoring sustainability risk management and transparency, and analyzing Principal Adverse Impacts for all products and services. Additionally, it makes recommendations for enhancements, reviews target markets under MiFID, approves ESG-related statements, and supports external auditors.

Appointment and membership

The Committee is comprised of the managing directors of the VanEck European companies and at least one member of the following departments: Capital Markets, Portfolio Management, Product Management, Sales, Legal, and Compliance. Team members have proven expertise in ESG matters.

This committee generally meets on a quarterly basis and/or when needed.

MAIN REPRESENTATIVES OF THE EUROPEAN ESG COMMITTEE

Torsten Hunke
MD, Head of Legal & Compliance Europe

Bouke van den Berg
Co-Head Sales EMEA

Sabrina Giagheddu
Senior Legal Counsel ESG & Sustainability

Kamil Sudiyarov
Product Manager

For further information please contact: List_EU_ESGCommittee@vaneck.com

IMPORTANT INFORMATION

VanEck has categorized the Funds according to the Sustainable Finance Disclosure Regulation ((EU) Nr. 2019/2088) (“SFDR”). Related disclosures for SFDR Article 8 and 9 Funds have been implemented in the relevant Supplements and on the Website, as per the Commission Delegated Regulation (EU) 2019/2088 as amended from time to time. The categorization and the related disclosures are based on the most recent applicable regulation. As the regulation and the market standards are in continuous development, it may not be possible or practicable for the Fund to hold the current assessment. The ESG-related information provided by the Manager may not meet the investor’s criteria on ESG standards or characteristics.

Investors are advised to carefully read the relevant documentation and determine whether the particular Fund meets their own ESG objectives.
Certain Funds integrate determined ESG criteria in their investment strategies. The consideration of ESG factors may expose the investment in a Fund to a material loss in value.

Environmental Risks: include risks arising from a negative impact on the environment, due to e.g., the greenhouse gas emissions a company produces, its waste of water or its impact on biodiversity.
Social Risks: consider risks related to negative factors such as lack of policies that address inequalities in the workplace or which address diversity and inclusion.
Governance Risks: refer to risks associated with weak governance structures, covering a range of matters including, but not limited to, board composition, executive compensation, or shareholder rights.

Please refer to the prospectus of the UCITS and to the KID/KIID before making any final investment decisions.

No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission of VanEck.
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