Activities negatively affecting biodiversity-sensitive areas

Method disclosures required

Source-edition basis: SFDR Regulatory Technical Standards — Principal Adverse Impact Indicators, Commission Delegated Regulation (EU) 2022/1288, current consolidated applicability, consolidated 20 February 2023.

• Financial market participant, consolidated-statement scope and annual reference period
• Annex I table, indicator number, applicability population and mandatory or additional status
• Investment population, numerator, denominator, weighting basis, exclusions, estimation status, unit and currency scale where applicable
• Quarter-end observations used for the annual impact average
• Explanation, actions taken, actions planned and next-period targets reported with the impact value
• Additional-indicator selection showing at least one Table 2 and at least one Table 3 indicator, without implying that every additional indicator is mandatory
• Annex I Table 1, indicator 7, and mandatory Table 1 indicator
• Financial market participant, product or portfolio boundary and reporting currency
• Applicable asset class and investee-company, sovereign/supranational or real-estate population
• Four quarterly observation dates and reference period

Record-specific limitations

• This profile supports source lookup and does not itself determine compliance with SFDR or whether an investment is sustainable.
• Portfolio, investee-company, sovereign or supranational and real-estate populations are not interchangeable.
• A missing, unavailable or not-selected additional indicator is not zero.
• Article 6 requires one or more indicators from Table 2 and one or more from Table 3 in addition to Table 1; this does not make every Table 2 or Table 3 indicator mandatory.
• The source defines the result type but no universal arithmetic formula; do not invent one.
• A portfolio-level PAI result is not interchangeable with an entity-level sustainability metric, even when it adopts the same underlying measurement.
• Impact figures use the source-prescribed average of observations at 31 March, 30 June, 30 September and 31 December; a single date is not an annual PAI result.
• Table 1 status does not remove product, entity-scope or applicability conditions under the governing SFDR rules.

Interpret this metric with the stated reporting boundary, period convention, value shape, and unit. Results prepared with different boundaries or conventions may not be directly comparable.

Measurement evidence supports the core record-specific claims described above. Corroborative evidence can support limitations, while compatibility and status sources provide their separately labelled context. None of these cards by itself determines an organisation's legal applicability, filing readiness, assurance status, or compliance conclusion.