01 Our sustainability approach 02 Sustainable investing 03 Active stewardship 04 Corporate sustainability 05 Appendix 01.2 Strengthening sustainability governance Principles 1 2 Established in May 2022, the Corporate AllianzGI consists of several operational Sustainability Working Group comprises entities and additional lines of two ExCo members for Investments and responsibility exist at the AllianzGI GmbH Shaping sustainable pathways towards change Finance, the Corporate Sustainability level. The GmbH Management Board Officer, and four department heads in is responsible for overall strategy and the areas of Technology, Operations and corporate sustainability and sustainable Strengthening sustainability Products; Human Resources; Marketing investing strategy. It reports to the and Communications; and Sustainable supervisory board. The GmbH supervisory governance in Asia Pacific in 2022 and Impact Investing. The working group board receives regular updates on the meets monthly and ensures effective business strategy of AllianzGI GmbH from execution of the corporate sustainability the management board. This includes a We have strengthened sustainability governance structures strategy and the integration of associated section on the latest strategic updates in Hong Kong, Singapore and Taiwan to combine global initiatives and principles. regarding sustainability. oversight with local oversight of sustainability. The Reputational Risk Working Group The AllianzGI Asia Pacific Legal relating to climate risk and sustainable comprises global representatives Compliance Risk Working Group investing are discussed at semi-annual from across functions who meet twice monitors the ESG risk profile and board meetings. yearly to discuss topics that may pose a climate scenario stress-test findings reputational risk and determine whether related to AllianzGI’s Asia Pacific In Taiwan, a cross-functional action is necessary, including escalation investments on a quarterly basis. sustainability working group works to senior management. The group may closely with the global Sustainable input on ad-hoc topics that require a Both the Hong Kong and Singapore Investing team to monitor trends collaborative sounding board to assess boards also receive quarterly reports and regulations in the sustainable the need for action. on the ESG risk profile and climate investing space, report on material Other working groups are dedicated to scenario stress test results of locally ESG developments to the Taiwan sustainable investment across different asset managed and domiciled funds. board, and coordinate provision of classes and investment methodologies. These reports and other material topics ESG-related training. 20