01 Our vision of 02 Sustainable 03 Active 04 Strengthening sustainability 05 Appendices sustainability investing stewardship in our operations 04.1 Strengthening sustainability in our operations Being a sustainable business means creating long-term value without compromising our impact on people, planet or pro昀椀t. We work towards this goal both through the sustainable products and services that we create, and by strengthening sustainability in our own operations. To become more sustainable as a company, we take action in four areas: how we empower our people, how we run our business, how we manage the environmental impact of our operations and how we contribute to society. We are building on a good standard of environmental management across our operations, developing our social approach, strengthening governance with continuously enhanced internal control processes and integrating more sustainability criteria into our supply chain management. This chapter describes the progress we have made during 2023. Please see section 01.3 for more information on our sustainability governance and how we are expanding our more holistic approach to sustainability. Allianz Global Investors Sustainability and Stewardship Report 2023 75