Case Study

Kryalos SGR

EVORA Global assists Kryalos SGR to reclassify the Atlas Fund under Article 8 the SFDR

“With the recent reclassification of the Atlas fund as Article 8, Kryalos demonstrates its commitment to sustainability investment strategies.”

Gianluca Vairani

Senior Managing Director Transaction Management & Head of ESG at Kryalos SGR

Case Study information

The Challenge

Kryalos SGR engaged Evora Global to help in the transition from Article 6 to Article 8 of the European Regulation 2019/2088 of the Sustainable Finance Disclosure Regulation (SFDR) for the Atlas Fund. 

Repositioning to Article 8 is reserved for products that promote the environmental and social characteristics of investments, taken care of by Atlas both in the initial renovation and construction phase of the investment properties and in the subsequent operational asset management phase. 

Our Approach

EVORA conducted various workshops focused on defining the environmental and social characteristics of the Atlas Fund. 

These workshops encompassed green building certifications, tenant engagement, and sustainable operational practices. 

The decision to reclassify the Atlas Fund under Article 8 aligns perfectly with EVORA’s commitment to advancing sustainable investment strategies. 

Key Outcomes

  • Upgrade of Atlas Fund from Article 6 to Article 8 of SFDR. 
  • Promotion of sustainable environmental and social characteristics, such as green building certifications, tenant engagement, and sustainable operational practices.