Environmental Statement

Updated

Joint Legal Entities ("Zweig Advisory," "we," "us," "our"):

Zweig Services and Asset Management GmbH (German/EU Entity)
Zweig Cost Control & Risk Management Services EST. (UAE Mainland Entity)

Vision and Commitment

Zweig Advisory recognizes that environmental sustainability is foundational to stable markets and long-term value creation. Our commitment extends beyond regulatory compliance; it is integrated into our operational decision-making, risk management, and client advisory services. We strive to minimize our ecological footprint and contribute positively to the transition to a net-zero economy.

We commit to:

Reducing our Greenhouse Gas (GHG) emissions across our operations.
Integrating climate-related risks and opportunities into our corporate strategy.
Fostering a culture of resource efficiency in all our global offices.

1. Governance and Regulatory Framework

We recognize the essential role of clear and ambitious regulation in driving sustainability. Our governance structure ensures compliance with and proactive alignment to the highest standards in our operating jurisdictions.

A. European Union (EU)

For our German/EU entity (Zweig Services and Asset Management GmbH), we are mindful of the rapidly evolving EU Green Deal legislation. We monitor and align our policies with:

SFDR and EU Taxonomy: We adhere to transparency expectations set by the Sustainable Finance Disclosure Regulation (SFDR) and the EU Taxonomy, integrating environmental considerations into relevant service offerings.

CSRD Principles: We are proactively implementing controls and data collection processes that anticipate future requirements under the Corporate Sustainability Reporting Directive (CSRD), ensuring we are prepared for comprehensive sustainability disclosure.

B. United Arab Emirates (UAE)

We fully support and align with the UAE's national environmental goals, reflecting our commitment to local excellence in the UAE Mainland:

UAE Net Zero 2050: We endorse and actively work within the objectives of the UAE Net Zero by 2050 Strategy, supporting the nation's economic and societal advancement through sustainable transition.

GHG Emissions Law: We are implementing measures to measure, track, and manage our greenhouse gas emissions in adherence to the new Federal GHG emissions law, ensuring compliance with national carbon neutrality targets.

2. Operational Strategy and Focus Areas

As a professional services firm, our primary environmental impact stems from energy consumption, business travel, and procurement (Scope 3). Our strategy targets measurable reductions in these areas:

Focus Area	Objective	Initiative Examples
Energy & Emissions	Reduce carbon intensity of office space (Scope 1 & 2).	Prioritise low-carbon energy contracts; optimize HVAC and lighting systems; implement smart monitoring across Berlin and Dubai offices.
Waste & Water	Achieve high waste diversion rates and minimise municipal water use.	Implement advanced recycling programs; reduce single-use plastics; comply with local municipal waste reduction targets.
Business Travel	Decarbonize Scope 3 emissions related to client work and employee commuting.	Mandate travel hierarchy favouring rail/virtual meetings; track and report air travel emissions; promote remote work flexibility.
Sustainable Procurement	Integrate ESG criteria into supplier selection.	Prioritise IT vendors and facility management contractors that demonstrate robust environmental management systems (e.g., ISO 14001).

3. Reporting and Key Performance Indicators (KPIs)

We commit to transparent reporting and continuous improvement, utilizing internationally recognized metrics and frameworks (such as those recommended by GRI, TCFD, and CDP) to track our environmental performance.

Our core operational KPIs include:

Metric (KPI)	Measurement Focus	Relevance to Advisory Firm
GHG Intensity	Total Scope 1 + Scope 2 emissions (tCO2e) per Full-Time Equivalent (FTE)	Measures efficiency of energy use in offices relative to staff size.
Waste Diversion Rate	Percentage of total waste recycled or diverted from landfill.	Indicates effectiveness of office resource management and circular economy initiatives.
Business Travel Emissions	Total Scope 3 emissions from air and ground transportation.	Reflects risk exposure and commitment to reducing the largest category of indirect emissions.
Renewable Energy Share	Percentage of electricity sourced from certified renewable/green tariffs.	Tracks progress toward our internal decarbonisation targets.

4. Future Goals and Aspirations

In the coming reporting period, Zweig Advisory will focus on:

Supply Chain Mapping: Deepening due diligence on all high-impact auxiliary suppliers to gather primary environmental data.

Climate Scenario Analysis: Committing to an internal process that aligns with the Task Force on Climate-Related Financial Disclosures (TCFD) recommendations, assessing the resilience of our strategy under different climate scenarios.

Net-Zero Pathway: Developing a science-aligned, long-term pathway (potentially based on Science Based Targets Initiative, SBTi) to achieve net-zero operations.

Approval

This Environmental and Sustainability Statement has been approved by the Senior Management of Zweig Advisory, demonstrating the Executive Team's oversight and commitment to these targets.

Signed

Name: Margarita Zweig, Alexander Zweig

Titles: Managing Directors

Contact and Entities

For general inquiries regarding our ESG reporting or to request specific environmental data, please contact the Compliance Department.

Joint Legal Entities and Registered Addresses:

Entity	Registered Address	Primary Jurisdiction
Zweig Services and Asset Management GmbH	Potsdamer Straße 92, 10785 Berlin, Germany	EU/Germany
Zweig Cost Control & Risk Management Services EST.	Westburry Tower 1, Business Bay, Dubai \| UAE	UAE Mainland

Central Email Contacts:

General inquiries: general@zweigadvisory.com
Privacy & data rights: privacy@zweigadvisory.com
Security/vulnerabilities: security@zweigadvisory.com
Compliance: compliance@zweigadvisory.com