The European Securities and Markets Authority (ESMA) states in its article Fund portfolio networks: A climate risk perspective", that there are two types of investments:

"Dark green investments" have an impact on the planet and sustainability because they allocate to sustainable assets the maximum percentage allowed by law. These investments comply with Article 9 of Regulation (EU) 2019/2088.

"Clear green investments" promote sustainability by including a percentage of sustainable assets. These investments are those that comply with Article 8 of Regulation (EU) 2019/2088.

Through our portfolio advisory or discretionary management services, we ask you what your sustainability preferences are so that we can recommend a solution, help you decide and negotiate for you the product that best suits said preferences.