Introduction Welcome from our CEO, Tobias Pross Despite a major focus on managing In July 2022, we completed the transfer market volatility this year, we have made of certain US investment teams and the good progress in integrating sustainability assets they manage to Voya Investment into our various activities – from our Management as part of our strategic investment capabilities to our business partnership. We are grateful to regulators, operations. It is our continued investment colleagues and clients who made this in expertise and people that allows us to possible and look forward to making the develop new products and approaches, most of the opportunities presented by alongside transitioning existing products this partnership. to be more aligned with sustainable investing. We have also started the roll- Volatility seems set to be a continued out of our proprietary sustainability data companion in 2023, presenting challenges architecture to inform, shape and track and opportunities. Inflation remains a sustainable investment decisions across all concern for everyone – both firms and asset classes. individuals – and the impact of slower growth will be felt to varying degrees We have created a new role to focus on around the world. Geopolitics will corporate sustainability, underscoring the continue to impact economic decisions, firm-wide commitment to sustainability that reiterating the crucial need to maintain is key to delivering on our clients’ priorities – the focus on sustainable investing to from reducing emissions to supporting local generate value for asset owners and communities as part of the global social society, elevate the investment experience impact approach of the Allianz Group. and protect and enhance clients’ assets See section 04 of this report for over the long term. more details. In this context, our commitment to shaping Protecting our offering to clients by being sustainable pathways will focus on compliant with regulation is critical for all addressing the diversity of client needs new and existing products, and we are through leadership and collaboration constantly learning and evolving at pace as we continue to evolve our holistic in response to developments in regulation. approach to sustainability. Allianz Global Investors Sustainability and Stewardship Report 2022 05