MPMF delegates the portfolio management function to appointed Investment Managers (IMs). MPMF, as part of its own policy on sustainability risks, ensures that each IM to which portfolio management has been delegated, has a policy on whether they consider the integration of sustainability risks in their investment decision-making processes with respect to funds managed on behalf of MPMF.
No consideration of sustainability adverse impacts
MPMF does not currently consider the adverse impacts of its investment decisions on sustainability factors. MPMF has opted against doing so, primarily as the regulatory technical standards supplementing SFDR, which set out the content, methodology and information required in the principal adverse sustainability impact (PASI) statement were only published on 4 February 2021. MPMF intends to consider, in conjunction with the IMs, the principal adverse impacts of investment decisions on Sustainability Factors once the regulatory technical standards come into effect, which is expected to occur from 1 January 2022.