Sustainability data: turning the tide 2. Powerful engines and efficient data processing to Nothing artificial about the intelligence outlook address the volume of data. This includes cleansing, In summary, the realm of ESG data is expanding swiftly matching, computing, transforming and distributing in volume and complexity. Investors will expect asset separate sources into consistent, standardised data sets. managers to guide them through the integration of ESG More granular E, S and G metrics will inform investment factors into investment decisions as well as the risk and decisions and asset allocation and meet client-reporting opportunity sets – at the same time as meeting challenging expectations. 3. Risk assessments will benefit from new techniques. The regulatory and reporting demands. We embrace the scraping of formal reporting suites is now mainstream, opportunity afforded by the scale and complexity of the but a fuller and more predictive understanding of data topic to demystify and guide our clients through material risks will be achieved through new technologies a likely eventful period of evolution in investment applied to an entity’s entire value chain. A fuller approaches. A strong proprietary ESG data architecture measure of idiosyncratic non-financial risks will allow for is the cornerstone in understanding and aligning non- investment diversification of these risks. financial outcomes alongside financial returns. Allianz Global Investors is a leading active asset manager with over 600 investment professionals in over 20 offices worldwide and managing EUR 506 billion in assets. We invest for the long term and seek to generate value for clients every step of the way. We do this by being active – in how we partner with clients and anticipate their changing needs, and build solutions based on capabilities across public and private markets. Our focus on protecting and enhancing our clients’ assets leads naturally to a commitment to sustainability to drive positive change. Our goal is to elevate the investment experience for clients, whatever their location or objectives. Active is: Allianz Global Investors Data as at 31 December 2022. Total assets under management are assets or securities portfolios, valued at current market value, for which Allianz Asset Management companies are responsible vis-á- vis clients for providing discretionary investment management decisions and portfolio management, either directly or via a sub-advisor. This excludes assets for which Allianz Asset Management companies are primarily responsible for administrative services only. Assets under management are managed on behalf of third parties as well as on behalf of the Allianz Group.