Sustainability is accorded a key priority at various levels by the Personalvorsorgestiftung der Feldschlösschen-Getränkegruppe (PVS Feldschlösschen). As a 2nd pillar institution, the PVS Feldschlösschen is already geared towards inter-generational equity and sustainable development through its pension mandate. It is the Foundation’s legal duty to ensure that the promised benefits are paid out and to balance the claims of different generations (pension recipients and active insured persons). As outlined in the report, we regularly analyse the sustainability of our investments. PVS Feldschlösschen’s aim is to fulfil its responsibility as an investor committed to sustainability, and to maintain the good reputation of the Feldschlösschen company.