Sustainability risks are defined by UNIQA's exclusion and negative criteria. These include corporate and governmental activities that we consider critical and therefore highly risky in terms of sustainability. Specifically, these criteria relate to business areas (such as tobacco, coal), technologies (such as the use of nuclear energy) or practices (such as corruption, human rights violations). These issues are regularly reviewed regarding their completeness or continued relevance and our Guidelines adapted accordingly.
The identification of the sustainability risks of individual investments is carried out in the analysis and decision-making process before an investment is purchased. Issuers with negative and exclusion criteria defined by UNIQA are evaluated using a database of external specialists.