Feelsgood Capital Partners, below referred to as “Feelsgood”, takes a potential investment’s impact as well as sustainability risks with utmost importance in the decision-making process.
Within the meaning of the Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability-related disclosures in the financial services sector, a “sustainability risk” means an environmental, social or governance event or condition that, if it occurs, could cause an actual or a potential material negative impact on the value of the investment.
As good environmental, social and governance practices are the backbone of achieving a positive social impact, Feelsgood considers and inspects sustainability risks and opportunities prior to and throughout the life of the investment.
Sustainability risks are assessed prior to making an investment within the ESG due diligence by means of an ESG questionnaire, available below. All sustainability risks are documented and kept under control post-investment through our active ownership approach. Throughout the life of the investment, the companies are encouraged and advised on making improvements with respect to their ESG policies and ESG is a recurring topic in communication with portfolio companies.
According to article 16(5)(9) of Croatian Act on Alternative Investment Funds (OJ 21/18, 126/19 and 110/21), Feelsgood does not have, and does not need to have, a remuneration policy.
Feelsgood Capital Partners considers principal adverse impacts of investment decisions on sustainability factors. Within the meaning of Regulation (EU) 2019/2088, sustainability factors mean environmental, social and employee matters, respect for human rights, anti-corruption and anti-bribery. Principal adverse impacts (PAI) indicators are calculated annually. A statement on principal adverse impacts on sustainability factors is published for every calendar year by 30 June of the following year, starting from 2022.