{"id":12722,"date":"2025-11-24T15:43:00","date_gmt":"2025-11-24T14:43:00","guid":{"rendered":"https:\/\/circleeleven.com\/?page_id=12722"},"modified":"2026-03-13T15:11:12","modified_gmt":"2026-03-13T14:11:12","slug":"sustainability","status":"publish","type":"page","link":"https:\/\/circleeleven.com\/en\/sustainability\/","title":{"rendered":"Sustainability"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"12722\" class=\"elementor elementor-12722\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e728d13 elementor-section-height-min-height elementor-section-content-middle elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-items-middle\" data-id=\"e728d13\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;ekit_has_onepagescroll_dot&quot;:&quot;yes&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6471885b\" data-id=\"6471885b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7d94414a elementor-hidden-desktop elementor-hidden-tablet elementor-widget elementor-widget-text-editor\" data-id=\"7d94414a\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div>Sustainability<\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1f43af66 elementor-hidden-phone elementor-widget elementor-widget-heading\" data-id=\"1f43af66\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Sustainability<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-fb84716 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"fb84716\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;ekit_has_onepagescroll_dot&quot;:&quot;yes&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-895bc09\" data-id=\"895bc09\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-dac2235 elementor-widget elementor-widget-spacer\" data-id=\"dac2235\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-11d60e1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"11d60e1\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;ekit_has_onepagescroll_dot&quot;:&quot;yes&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5c27313\" data-id=\"5c27313\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-00e8f50 elementor-widget elementor-widget-text-editor\" data-id=\"00e8f50\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"flex_column av_three_fifth av-animated-generic bottom-to-top flex_column_div avia-builder-el-15 el_after_av_one_fifth el_before_av_one_fifth column-top-margin avia_start_animation avia_start_delayed_animation\"><section class=\"av_textblock_section \"><div class=\"avia_textblock \"><p data-start=\"56\" data-end=\"309\">For better readability and to avoid repetition, the term \u201cCircle Eleven\u201d is used uniformly in this document to refer to Circle Eleven GmbH and Circle Eleven Invest GmbH. All statements relate equally to both companies unless explicitly stated otherwise.<\/p><p data-start=\"311\" data-end=\"518\"><strong>Mandatory information pursuant to the Regulation of the European Parliament and of the Council on sustainability\u2010related disclosures in the financial services sector (EU) 2019\/2088 (\u201cDisclosure Regulation\u201d):<\/strong><\/p><p data-start=\"520\" data-end=\"1741\"><strong data-start=\"520\" data-end=\"656\">I. Strategies for dealing with sustainability risks in investment decision-making processes <\/strong>(Article 3 of the Disclosure Regulation)<br data-start=\"656\" data-end=\"659\" \/>A \u201csustainability risk\u201d is an environmental, social, or governance event or condition, the occurrence of which could have an actual or potential material negative impact on the value of an investment (Art. 2 No. 22 of the Disclosure Regulation). Sustainability risks do not constitute a separate category of risk; rather, they affect all known risk categories, such as market, liquidity, credit, or operational risks. They may amplify these risks and thus significantly contribute to the overall risk profile of a managed AIF. The adequate consideration of sustainability risks is part of the risk management system of Circle Eleven Invest GmbH. Explicit sustainability risks are not a separate component of Circle Eleven\u2019s investment decision-making processes. This is because, for the special AIFs managed by Circle Eleven, any potential sustainability risks cannot be determined with sufficient accuracy in advance due to the generally existing blind-pool strategy of the respective target funds and their still very differently developed strategies for dealing with ESG aspects.<\/p><p data-start=\"1743\" data-end=\"2516\"><strong data-start=\"1743\" data-end=\"1898\">II. No consideration of adverse impacts of investment decisions on sustainability factors <\/strong>(Article 4 of the Disclosure Regulation)<br data-start=\"1898\" data-end=\"1901\" \/>Currently, Circle Eleven does not consider any potential adverse impacts of investment decisions on sustainability factors. The information required for this\u2014relating to environmental, social, and governance aspects\u2014is not yet sufficiently available in the market in which Circle Eleven Invest GmbH makes investments, either in scope or in the quality needed. Circle Eleven will monitor developments regarding the availability of such information and will assess whether it will be reasonably possible in the future to disclose the information required by Art. 4 of the Disclosure Regulation (including future RTS).<\/p><p data-start=\"2518\" data-end=\"3146\"><strong data-start=\"2518\" data-end=\"2673\">III. Remuneration policy in relation to the consideration of sustainability risks <\/strong>(Article 5 of the Disclosure Regulation)<br data-start=\"2673\" data-end=\"2676\" \/>In accordance with Article 5 of the Disclosure Regulation, Circle Eleven states the extent to which the remuneration policy is consistent with the integration of sustainability risks. The handling or reduction of sustainability risks is not specifically considered in the remuneration system. An indirect influence on remuneration policy and practice\u2014e.g., as part of the general risk strategy or within the framework of individual target agreements\u2014cannot be ruled out.<\/p><\/div><\/section><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Sustainability Sustainability For better readability and to avoid repetition, the term \u201cCircle Eleven\u201d is used uniformly in this document to refer to Circle Eleven GmbH and Circle Eleven Invest GmbH. All statements relate equally to both companies unless explicitly stated otherwise. Mandatory information pursuant to the Regulation of the European Parliament and of the Council [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"parent":0,"menu_order":70,"comment_status":"closed","ping_status":"closed","template":"","meta":{"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"class_list":["post-12722","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/circleeleven.com\/en\/wp-json\/wp\/v2\/pages\/12722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/circleeleven.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/circleeleven.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/circleeleven.com\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/circleeleven.com\/en\/wp-json\/wp\/v2\/comments?post=12722"}],"version-history":[{"count":7,"href":"https:\/\/circleeleven.com\/en\/wp-json\/wp\/v2\/pages\/12722\/revisions"}],"predecessor-version":[{"id":12941,"href":"https:\/\/circleeleven.com\/en\/wp-json\/wp\/v2\/pages\/12722\/revisions\/12941"}],"wp:attachment":[{"href":"https:\/\/circleeleven.com\/en\/wp-json\/wp\/v2\/media?parent=12722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}