01 05.3 Sustainability initiatives overview continued Principles 4 10 Introduction 02 Sustainable investing 03 Initiative Allianz Global Description Date Topics Active stewardship Investors‘ Position – present Task Force on Climate- Supporter The TCFD seeks to develop recommendations for voluntary climate-related financial disclosures 2019 Climate 04 Related Financial that are consistent, comparable, reliable, clear, and efficient, and provide decision-useful AllianzGI as a sustainable business Disclosures information to lenders, insurers, and investors. 05 Value Reporting Member SASB Alliance The Value Reporting Foundation aims to establish industry-specific disclosure standards across 2020 ESG Appendix Foundation ESG topics that facilitate communication between companies and investors about financially (SASB Standards) material, decision-useful information. The SASB Alliance is a new membership programme for 05.1 UK Stewardship Code index organisations and individuals that support the need for more decision-useful, cost-effective 05.2 Engagements sustainability disclosure. Members share the belief that today’s capital markets need standardised 05.3 Sustainability sustainability disclosure and effective ESG integration into investment practices – for the benefit of initiatives overview both companies and investors. 05.4 U N Sustainable Development Member SASB Investor The IAG comprises leading asset owners and asset managers who are committed to improving the 2020 Goals key Advisory Group quality and comparability of sustainability-related disclosure to investors. IAG membership is by invitation only to global institutional investors which have previously joined the SASB Alliance and which commit to engaging companies on the use of the SASB standards. World Benchmarking Member The World Benchmarking Alliance (WBA) seeks to generate a movement around increasing the 2019 ESG Alliance private sector’s impact towards a sustainable future for all. In 2015, the United Nations developed 17 Sustainable Development Goals (SDGs) to help guide us. The WBA is working to incentivise and accelerate companies’ efforts towards achieving these goals.
Allianz GI Sustainability and Stewardship Report 2021 Page 88 Page 90