01 Introduction and strategy 02 Measuring and managing sustainability 03 Climate change related disclosure 04 Strengthening our foundation 05 Our universal principles 05.6 Our impact on the U.N. Sustainable Development Goals We prioritize three U.N. SDGs – SDGs 8, 13, and 17 – which guide the integration of sustainability across Allianz and drive our contribution to societal, environmental and economic change. However, our business contributes to many other SDGs and the following table maps the relevant content of this report for each SDG. Page 01 Introduction and strategy 01.1 Message from the CEO 05 01.2 Highlights 2022 07 01.3 Company description and strategy 09 01.4 Our sustainability approach 10 01.5 Our climate approach 12 01.6 Our social approach 14 01.7 Our sustainability integration approach 18 01.8 Our sustainability governance 21 02 Measuring and managing sustainability Sustainability in our business activities 02.1 Sustainability in insurance 27 02.1.1 Integrating sustainability in insurance 30 02.1.2 Natural disasters 30 02.1.3 Climate change and decarbonization 32 02.1.4 Sustainable solutions 34 02.1.5 Emerging consumers 36 02.2 Sustainability in proprietary investments 37 02.2.1 Integrating sustainability in proprietary investments 37 02.2.2 Climate change and decarbonization targets for proprietary investments 47 02.3 Sustainability in asset management 51 02.3.1 Allianz Global Investors progress 53 02.3.2 PIMCO’s progress 54 Sustainability in our organization 02.4 Human resources 57 02.4.1 Learning and development 66 156 Allianz Group Sustainability Report 2022