Regulation and disclosures

Vesteda is required to provide disclosures under Regulation (EU) 2019/2088 (the EU Sustainable Finance Disclosure Regulation, or SFDR). The Vesteda Residential Fund qualifies as an ‘article 8’ product under the SFDR and, as such, promotes Environmental/Social (E/S) characteristics and while it did not have sustainable investment as its objective, it had a proportion of 80.9% sustainable investments (at year-end 2023) with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy or with an environmental objective in economic activities that do not qualify as environmentally sustainable under the EU Taxonomy. Please find a more detailed explanation in Annex 6: SFDR disclosure.

Vesteda publishes its progress on sustainability policies and performance on its website and in its annual report. The reporting on sustainability in the annual report was in line with the Task Force on Climate-Related Financial Disclosures (TCFD) recommendations. In 2021, we became an official supporter of the TCFD. Please see Annex 8 for an overview with references for the alignment with the TCFD recommendations.