Policy for integrating sustainability risks into the investment decision-making process

Sustainability risks are considered to be circumstances or events of an environmental, social or governance nature that, when they materialise, can have negative effects on the company's financial results, financial position and assets, as well as on its reputation and the value of its investments. As other investment risks, sustainability risks can materialise in several ways and have a significant influence on the overall risk assumed.

ERGO Vida's investment decision processes, in general, do not consider the negative impacts that investment decisions can have on sustainability.

Investments of Unit Linked products (Vidafondo XXI)

The Vidafondo XXI product's investments are materialised in Fondonorte Eurobolsa FIM. When choosing assets, fund managers consider the different risks inherent to the investment.

No consideration of negative impacts on sustainability

ERGO Vida and DKV Seguros are ERGO Group companies belonging to Munich Re. The Group is one of the world leaders in the insurance market, and engages in insurance, reinsurance and protection solutions against various risks.

ERGO Vida's investment decision processes, in general, do not consider the negative impacts that investment decisions can have on sustainability.

This situation is due to the fact that ERGO Vida does not currently market savings products, the traditional savings schemes held in the portfolio have a guaranteed interest rate and the investments related to these products are made primarily in fixed-income assets. The savings of customers of these products are not affected by variations in the valuation of the assigned assets.

The volume of contracts for the Vidafondo XXI product, in which the investments' performance can affect the savings accumulated by customers, is very low.

ERGO Vida has no plans to consider the adverse impacts on sustainability, at least while it remains in the current situation of managing and settling savings policies.

Transparency of remuneration policies in relation to the integration of sustainability risks

ERGO Vida has implemented rules and processes to ensure that our remuneration policy does not generate significant sustainability risks in the environmental, social or corporate management spheres. This minimises the risk of significant negative impacts on the value of the company and its customers' investments.