to the transition to a circular economy, to the protection of healthy eco-systems, to anti-corruption policies, to the sustainable use of water, to climate adaptation and to climate protection. Investment screening. Potential new investments are screened to determine their contribution to the EU Taxonomy; where limited information is available at the early stages of a transaction, compliance within the relevant sector is first considered. For example, electric propulsion of rolling stock is targeted over diesel propulsion but is not automatically compliant; noise and vibration benchmarks of <80dB at 80km/h & <95 at 250 km/h also need to be considered to enable compliance. Certain sectors/industries are not yet included in the EU Taxonomy, thereby delaying the screening of certain investments. However, this will be remedied over time through updated legislative amendments. AGI has a diversified investment approach for its customers; although a number of managed funds target specifically sustainable investments, other funds have a wider remit. For these non-sustainable investments, tracking their status under the SFRD is important to monitor the incorporation of sustainable initiatives undertaken by each of the portfolio companies. (response continued in row below) An increase in the percentage of EU Taxonomy compliancy will evidence this approach over time, as for example in gas distribution and transmission companies that switch from carrying methane in their networks to hydrogen. Providing our customers with full transparency on the sustainability ambitions in each of our funds is a priority. In line with the SFRD, funds are classified into three categories: (A) “Non-ESG/Integrated”; (B) “ES” funds, which promote environmental or social characteristics. Here, investee companies follow good governance practices and disclose sustainability indicators and (C) “Sustainable Investment” funds, that are able to measure the incremental social and environmental benefits and financial value creation from the deployment of investors’ capital into qualifying sustainable assets. This new fund type will help investors meet their targets on environmental and social goals. In line with the SFDR requirements, investors are provided with a description of the sustainable investment objective in a web based format together with the methodologies used to assess, measure and monitor the impact of the sustainable investments selected. 146