INTERNET NOTICE TO SHAREHOLDERS OF THE SUB-FUND LA FRANCAISE JKC CHINA EQUITY (THE “SUB-FUND”) EN > SG
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In the context of the implementation of the Regulation (EU) 2020/852 “Taxonomy", the Company’s board of directors (the “Board”) informs you that the Board has decided to amend the prospectus of the Sub-Fund by adding the following mention:
"The European Union’s Taxonomy aims to identify economic activities that are considered as being environmentally sustainable. The Taxonomy identifies these activities according to their contribution to six major environmental objectives:
- Climate change mitigation,
- Climate change adaptation,
- Sustainable use and protection of water and marine resources,
- Transition to a circular economy (waste, prevention and recycling),
- Pollution prevention and control
- Protection and restoration of biodiversity and ecosystems.
Currently, technical screening criteria have been developed for certain economic activities that can contribute substantially to two of these objectives: climate change mitigation and climate change adaptation. These criteria are currently awaiting publication in the Official Journal of the European Union. The data presented below therefore reflect only the alignment with these two objectives, on the basis of the non-definitively published criteria, as submitted to the European co-legislators. We will update this information in the event of changes to these criteria, the development of new review criteria for these two objectives, as well as the entry into force of the criteria for the other four environmental objectives: the sustainable use and protection of water and marine resources; the transition to a circular economy, the pollution prevention and control and the protection and restoration of biodiversity and ecosystems.
To be considered sustainable, an economic activity must demonstrate that it contributes substantially to one or more of the 6 environmental objectives, while not significantly harming any of the other environmental objectives (the so-called DNSH principle, "Do No Significant Harm").
To be considered aligned with the European Taxonomy, the activity must also respect the human and social rights guaranteed by international law.
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