01 02.4 Sustainable investing categories continued Principle 7 Introduction 02 Sustainable investing 02.1 Building our approach to sustainable investing Shaping pathways for a sustainable future 02.2 Sustainability research and Looking ahead to 2022 data and analytics – our strong Providing emerging-market loans aligned with foundation 02.3 Sustainability risk management the Paris Agreement 02.4 Sustainable investing categories In 2022, we will begin to develop further private market impact strategies, applying 03 AllianzGI’s Impact Rating Framework to In November 2021, Allianz and AllianzGI Active stewardship ensure positive contributions to social and “In 2016, together with Allianz and IFC, environmental outcomes. announced an extension of the partnership we created a blueprint with the MCPP 04 with the International Finance Corporation (IFC), AllianzGI as a sustainable business In the future, we will be looking to invest in a member of the World Bank Group, under the on infrastructure. Today, we are proud global private equity and venture capital funds Managed Co-Lending Portfolio Program (MCPP). to extend that successful partnership 05 with impact strategies aiming to create social The new program, MCPP One Planet, is the world’s to enable the launch of MCPP One Appendix and/or environmental impact in OECD (focus) first cross-sector portfolio of emerging-markets and emerging markets (satellite), alongside loans aligned with the Paris Agreement. AllianzGI Planet. This is a great example of opportunistic co-investments. This landscape has is part of a new global platform for climate-smart effectively scaling private capital for seen increasingly developed impact approaches investment that will provide up to USD 3 billion sustainable investing as part of our in recent years, providing opportunities to invest to private enterprises in developing economies. in positive impact alongside attractive returns The investors’ contributions will be combined with Development Finance business.” and enhanced diversification, a necessity in these IFC’s own funds to scale up climate-responsible ongoing volatile times. financing in emerging markets. Deborah Zurkow Global Head of Investments, Allianz Global Investors Other offerings will look to provide tailor- The partnership with IFC underlines Allianz’s made debt to private-sector companies in leading investment expertise and clear commitment “MCPP One Planet will create a global OECD countries which are applying innovative to support the global transition to a low-carbon model for mobilisation of institutional solutions to pressing societal challenges. economy across markets as well as serving the Leveraging AllianzGI’s private debt experience customers’ interest. Our Development Finance team investor financing in support of the and underwriting standards, the financing will was instrumental in building the structure and will climate agenda for the most vulnerable incentivise a positive rate of change across manage the vehicle on behalf of investors. IFC will communities on the frontlines of four major themes: sustainability; physical originate and administer the loans on behalf of the and social infrastructure; food security; and vehicle in addition to providing a first-loss protection. climate change – in emerging and financial inclusion. Read the press release here developing economies.” Makhtar Diop IFC Managing Director
Allianz GI Sustainability and Stewardship Report 2021 Page 38 Page 40