01 Our vision of 02 Sustainable 03 Active 04 Strengthening sustainability 05 Appendices sustainability investing stewardship in our operations 02.6 Sustainable investing categories Principle 4 7 31 We provide investment solutions AllianzGI’s product o昀昀ering with di昀昀ering levels of sustainability incorporation. Our product range caters to clients’ sustainability objectives and preferences. These categories also provide transparency on the Conventional ESG risk-focused Sustainability-focused Impact-focused SFDR characteristics of our products Objectives EUR 89bn EUR 199bn combined (which will evolve as the direction of Financial returns and active the SFDR is clari昀椀ed). risk management Objectives Objectives Objectives Financial returns and material E, Financial returns and Financial returns S and G risk considerations sustainability objectives and measurable and values sustainable outcomes Qualifying approach Qualifying approaches Qualifying approaches Integrated ESG SRI Best-in-class Impact (Art.9) KPI-based approach SDG-aligned: Multi Asset sustainability blend Fixed Income | Multi Asset | ESG score approach Private Markets (Art.9) SDG-aligned: Equity (Art.8) Classi昀椀ed as not sustainable Classi昀椀ed as sustainable Classi昀椀ed as Article Article 6* only Article 8* 8 or 9* Firm-wide exclusions Sustainable minimum exclusions Source: Allianz Global Investors, November 2023. ESG: Environmental, Social and Governance. SRI: Sustainable and Responsible ESG risk assessment: identi昀椀cation and consideration of sustainability risks and adverse impacts Investing. KPI: Key Performance Indicator. For illustrative purposes only. Exclusions apply to direct investments. ESG risk-focused category (also known as the integrated ESG investment approach) is not considered sustainable according Active stewardship: company engagement and proxy voting to EU Sustainable Finance Disclosure Regulation. Sustainable or impact investing private markets strategies apply the Allianz ESG Integration Framework exclusions. Allianz Global Investors supports the UN Sustainable Development Goals 31 Note that “sustainability-focused” and “impact-focused” are Allianz GIobal Investors product categories. Reference to a fund being within them does not (UN SDGs). *According to EU SFDR regulation. indicate that fund has a “Sustainability Focus” or “Sustainability Impact” label under the United Kingdom’s Sustainability Disclosure Requirements (SDR). Allianz Global Investors Sustainability and Stewardship Report 2023 31
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