01 04.5 Managing the environmental impact of our operations continued Principle 8 Introduction 02 Sustainable investing 03 Driving down waste Sustainable procurement Active stewardship We aim to minimise waste and reuse and recycle Building strong relationships with our partners and materials wherever possible. Our operations mostly suppliers is essential to run our operations and investment 04 generate household-type waste and our target is to platforms and build sustainable growth. In line with AllianzGI as a sustainable business drive down waste by 14% by 2025 against a 2019 our corporate strategy and culture principles, we seek 04.1 B uilding our approach to baseline. By the end of 2021, we achieved a reduction to collaborate with suppliers that drive innovation in sustainable investing of 49%. This was driven by a range of initiatives focused sustainable business practices. 04.2 Developing a shared vision for on waste centralisation and separation, increased use Market Data Services is a core team in our procurement inclusion and diversity of recyclable packaging and the avoidance of plastic. 04.3 P romoting employee health function, which collaborates with major ESG data and wellbeing in a hybrid We have adopted the global Allianz best practices for providers to support business functions in forming sound work environment removing single-use plastic from our operations. Our investment decisions. High-quality, reliable data is key 04.4 Business conduct and actions vary by location and include replacing single- for developing robust analytics and methodologies to operational risk management use boxes for take-away meals with reusable boxes determine sustainable investment measures. 04.5 Managing the environmental and banning single-use plastics in kitchens. Our efforts Another focus area of procurement is to accelerate the impact of our operations continue to evolve across locations. 04.6 Corporate citizenship adoption of electronic ordering and invoicing solutions across AllianzGI entities. The self-service system- 05 Waste output assisted process ensures AllianzGI standards and ESG Appendix kg per employee criteria are embedded in procurement decisions while enabling paperless and automated transactions. We 2021 75.3 are continuously extending the availability of the tool 2020 89.7 and catalogues, including for eco-friendly promotional materials and stationery. 2019 149.0 Looking ahead, we will develop a revised supplier management programme to ensure greater transparency in the supply chain with clearer sustainability standards. As a leading asset management company, we are investigating options to develop ESG ratings for suppliers to be integrated as supplier classification criteria.