01 Our sustainability approach 02 Sustainable investing 03 Active stewardship 04 Corporate sustainability 05 Appendix 01.1 Evolving our strategic approach Principles 1 4 6 01.1.3 How active asset In 2022 we built out our thematic • Advising on sustainability risks and • Active stewardship continues to be management supports the engagement approach along these engineering active investment solutions a core action across our product transition to a better future three themes. that meet our clients’ individual strategies: in 2022, we engaged with 355 We are fully committed to active asset See section 03.1. objectives, powered by an innovative companies across 11 different sectors management, which offers unique approach to allocation and a deep and 28 countries. We participated advantages in today’s investment Other highlights include: understanding of risk. With 60 advisers in 10,200 shareholder meetings in environment – whatever the asset class, globally, risklab – an advisory team 2022, representing 94% of all votable geographic scope or investment style. • Integrating ESG risk considerations into within AllianzGI – helps our clients to meetings. We voted against, withheld, Being active allows us to stay ahead of all our investment processes and active meet their investment goals through or abstained from at least one agenda our clients’ future needs and to manage stewardship approach. specialist advice and solutions. In 2022, item at 69% of all meetings globally, developing risks and opportunities for See section 02.5. our sustainability-specific capabilities and overall we opposed 22% of all sustainable investing. • Constructing portfolios designed within risklab helped more than resolutions globally. to deliver financial returns over the 25 clients understand and enhance the See section 03. As part of our active approach, long term combined with strong sustainability profiles of their portfolios. we have further embedded the three sustainability performance. See section 01.3. sustainability themes that we identified See section 02.6. • Financing the United Nations’ In 2022, the Sustainability Team in 2021. These continue to shape our Sustainable Development Goals (SDGs) developed a firm-wide sustainability research and engagement activities • Enhancing our ESG approach in private by incorporating ESG considerations training programme, launched in and underpin our entire approach markets alongside creating an Impact in our active investment decisions. Q1 2023 and mandatory for all to sustainable investing: Management and Measurement team. We partner with our clients to mobilise employees globally. This training This team has built the AllianzGI impact capital to meet multiple sustainability- has been designed to help • Climate change: finding solutions to avoid framework for private markets to related goals, such as those set out our employees enhance their the harmful effects of climate change. ensure investments generate material in the UN SDGs. Our SDG-aligned understanding of what sustainability • Planetary boundaries: how we sustain and measurable positive impact for strategies specifically address the means to AllianzGI and what it will ourselves in a higher temperature world. our clients. financing of the SDGs. take to deliver on our ambition to • Inclusive capitalism: living equitably See section 02.6. See section 02.6.3. become a sustainability shaper. in a world with a rising population and increasing resource constraints. 17