What’s inside? 01 02 03 39 05 73 Introduction Active stewardship Appendix 01.1 In co nversation with Tobias Pross 03.1 Our engagement approach 40 05.1 U K Stewardship Code index 74 and Matt Christensen 03 03.2 E ngagement outcomes by theme 43 05.2 Engagements 76 01.2 A bout AllianzGI 06 03.3 Co llaborative engagements 48 05.3 S ustainability initiatives overview 82 01.3 What sustainable investing means to us 08 03.4 Escalation where initial engagement is 05.4 U N Sustainable Development Goals key 88 01.4 Acting on climate risks and opportunities 11 not enough 50 01.5 Sustainability governance 13 03.5 Influencing companies through proxy voting 51 01.6 Shaping sustainable investing with 03.6 Conflicts of interest 58 our clients 16 03.7 Industry engagement and commitments 59 02 21 04 61 Find out more Sustainable investing AllianzGI as a Read more about our approach to sustainability 02.1 Building our approach to sustainable business and explore our latest research via our website. sustainable investing 22 04.1 Building our approach to You will also find our key policy documents and 02.2 Sustainability research and data and sustainable investing 62 reports, including our latest TCFD Report. analytics – our strong foundation 25 04.2 D eveloping a shared vision for For information on the sustainability commitments 02.3 Sustainability risk management 29 inclusion and diversity 63 and performance of Allianz, please refer to the 04.3 Pr omoting employee health and wellbeing Allianz Group Sustainability Report 2021. 02.4 S ustainable investing categories 30 in a hybrid work environment 65 AllianzGI website 04.4 Business conduct and operational AllianzGI TCFD Report 2021 risk management 67 Allianz Group Sustainability Report 2021 04.5 Managing the environmental impact of our operations 69 04.6 Corporate citizenship 72