Square Asset Management (Square A.M.) governs its activity according to a framework of values and principles which are considered fundamental for a solid and long-term performance in the Real Estate Collective Investment Undertaking management market.

One of the most important aspects of our framework of values and principles is the adoption of an attitude and standards of conduct applicable to the activity of rigour and ethics in relations with all the entities with which Square A.M. is involved, where all the employees and governing bodies are required to scrupulously comply with the Code of Ethics and Conduct.

In the current context of economic growth, we acknowledge that sustainability is an essential element for the long-term success of any business. For this reason, we have decided to contribute to the United Nations Sustainable Development Goals (SDGs), by working on five key SDGs: SDG 3 - Good Health and Well-Being; SDG 8 - Decent Work and Economic Growth; SDG 11 - Sustainable Cities and Communities; SDG 13 - Climate Action; and SDG 17 - Partnerships for the Goals.

We integrate sustainability in all our decisions and commercial operations through a structure of sustainability risk management, included in the remuneration policy. The incorporation of our guiding principles in the ESG Strategy and ESG Policy are crucial for underpinning our actions in relation to the environment, society and corporate governance. This ensures our compliance, both in terms of the company and the collective investment undertakings managed by the company, with the different European and national regulations, in particular compliance with the EU Sustainable Finance Disclosure Regulation (SFDR) – concerning the disclosure of financial information related to sustainability in the financial services sector, defining the Principal Adverse Impacts (PAIs), as well as the exclusion criteria on investment matters. All the principles and procedures are integrated by means of ongoing training and supervision of the employees and members of the governing bodies. For products classified under Article 6 of the SFDR, the indicators applicable to investments in real estate assets will not be disclosed, nor will these products be subject to any policy of exclusion or policy of engagement, with a view to the promotion of environmental/social features in the real estate assets.

The funds managed by Square A.M. are classified pursuant to the SFDR as follows:

Article 8 funds (Light Green)
- CA Património Crescente – Fundo de Investimento Imobiliário Aberto (open real estate investment fund)
- Property Core Real Estate Fund – Fundo de Investimento Imobiliário Aberto (open real estate investment fund)

Article 6 fund (Brown)
- Carteira Imobiliária – Fundo de Investimento Imobiliário Aberto (special open real estate investment fund)
- IREEHF Lisbon Avenida – SIC Imobiliária Fechada, S.A.
- Saudeinveste – Fundo de Investimento Imobiliário Fechado (closed real estate investment fund)

The disclosure of different initiatives through the Sustainability Report not only aims to provide transparency to our customers, investors and any stakeholders, but also to raise the awareness of all players on the need to change the way we envision economic growth. Transparency towards our customers and investors, and all other economic partners, will always be supported by our Data Protection Policy, assuring the security and privacy of the confidential information of our customers.