PGIM PRIVATE CAPITAL (IRELAND) LIMITED
Explanation of non-compliance with SFDR’s principal adverse impacts regime
This document sets out disclosures by PGIM Private Capital (Ireland) Limited (the “Firm”), in respect of the principal adverse impacts of our investment decisions on sustainability factors.
The EU Sustainable Finance Disclosure Regulation (“SFDR”) requires the Firm to make a “comply or explain” decision whether to consider the principal adverse impacts (“PAIs”) of our investment decisions on sustainability factors, in accordance with a specific regime as outlined in SFDR. The Firm has decided not to comply with that SFDR regime. The firm is therefore required to publish and maintain on our website a statement to explain our reasons for not complying with the PAI regime in SFDR, and information as to whether and when we intend to comply with such regime.
Non-compliance with the PAI regime in SFDR
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