Sustainable investing 01 What does sustainable investing mean to AllianzGI? At AllianzGI, we are driven by a simple goal: to generate value for clients every step of the way. As an active and sustainable investor, we aim to capture inclusive, sustainable growth to support the growth and preservation of clients’ assets, while also contributing to real-world change. We know asset owners are at different points on the sustainable investing journey, and our Our strategic shift from ESG to role is to facilitate progress through partnership sustainability to impact by 2030 is guided and collaboration. As an active steward of by three focus areas: capital, we seek to inform – not prescribe – the environmental, social and governance • Climate change: Analysing the physical (ESG), sustainability and climate profile of threats of climate change, identifying which investee companies. sectors are impacted most and engaging with companies to set transition pathways. This focus will guide investors on the journey • Planetary boundaries: Looking beyond from an ESG risk focus towards sustainability climate change alone to identify how –where purposeful solutions support capital can be deployed to support outcomes such as net zero – and, ultimately, biodiversity, the circular economy and the to generating meaningful impact. This is what efficient use of land and water resources. we mean by shaping sustainable pathways • Inclusive capitalism: Recognising that as towards change. resources grow more limited, the threat of distributing them unequally increases, and therefore focusing on social factors that help to maintain social cohesion and underpin economic growth. For more detail on our three strategic focus areas, see our Sustainability and Stewardship Report 2022.