Welcome 02 AllianzGI as a sustainable business continued Shaping pathways to a sustainable future 03 What sustainable investing Ensuring high standards of business conduct Managing the environmental impact of means to us 04 Energy consumption and data privacy our operations gigajoules per employee Acting on climate risks Our robust business policies and processes governing When managing the environmental impacts of our and opportunities 05 ethics and client confidentiality are detailed in the operations we aim to be a role model in achieving our 2021 16.1 Sustainable investing 06 AllianzGI Code of Ethics and echo Allianz SE’s overall targets on climate change and the environment. Our group standards. Employees are required to act in efforts contribute to Allianz Group goals, including 2020 18.7 Active stewardship 08 accordance with these policies at all times whether working towards sourcing 100% renewable electricity dealing with clients, other external third parties or other for our operations by 2023 and reducing greenhouse 2019 20.6 Collaborative engagement 09 Allianz Group employees. Every employee participates gas (GHG) emissions by 38% per employee by 2025 in regular compliance training. (against a 2019 baseline) across Scope 1, 2 and Influencing companies We are committed to protecting the privacy rights of selected Scope 3 emissions. Renewable electricity through proxy voting 10 As a signatory of the RE100 initiative, Allianz has our clients, employees, business partners and other third Our environmental impacts in 2021 committed to source 100% renewable electricity (RE) AllianzGI as a parties when processing personal data. We adhere to We achieved a 77% reduction in GHG emissions per for its group-wide operations by 2023. In 2021, 100% sustainable business 11 strict data privacy laws as well as to the Allianz Privacy employee (2020: 46%), mainly as a result of increasing Standards. Together with the Allianz Binding Corporate of the electricity we used came from renewable, Rules – these ensure a common understanding of, and our use of renewable power, improved energy low-carbon sources, achieved through agreements adherence to, global privacy standards. management and reduced business travel. We expect with suppliers on “green tariffs” (51%) and first-time to include GHG emissions from flexible and hybrid sourcing of “unbundled” renewable energy attribute To protect AllianzGI from cyber risks, we select best working in future reporting. certificates (49%). practices from multiple cybersecurity frameworks, such Business travel as the International Organization for Standardization GHG emissions (ISO) or the National Institute of Standards and tons of GHG per employee Covid-19 measures played a material role in reducing Technology (NIST). We also focus on controls and business travel emissions along with our new Global training around how to recover from a successful attack, 2021 0.9 Travel Policy that prioritises client-facing business travel to reduce business disruption. over internal travel. Business recovery plans are mapped to each major 2020 2.1 Paper use function, ensuring that key business processes can 20191 3.9 Our efforts to reduce paper consumption are resume in the event of a serious interruption to underpinned by the shift to digital communication and business activities. reduced paper use in our offices. By the end of 2021, To find out how we Energy consumption AllianzGI had achieved a reduction of 66% in paper use performed against our Our 2025 target is to reduce energy consumption in our per employee against a 2019 baseline (2020: 29%). targets on water use, office buildings per employee by 10% compared with waste management and 2019. In 2021, we achieved a 22% reduction (2020: 9%). sustainable procurement, Initiatives included the installation of occupancy sensors see our Sustainability and and refurbishment activities as well as increased Stewardship Report 2021. remote working. 1 GHG emissions data (old absolute 3.5 tonnes) has been restated for 2019.