Contents Executive summary 01 04 Introduction Risk management 04.1 Organization’s processes for 17 02 identifying and assessing climate Governance related risks 04.2 Organization’s processes for 19 02.1 Board-level oversight 6 managing climate related risks 02.2 Our sustainability governance 6 04.3 Processes for identifying, 23 structure assessing, and managing climate-related risks are 03 integrated into the organization’s overall risk management Strategy 03.1 Climate-related risks and 7 05 opportunities the organization Metrics and targets has identified over the short, medium, and long term 05.1 Metrics used by the organization 25 03.2 Impact of climate-related 10 to assess climate-related risks risks and opportunities on and opportunities in line with its the organization’s businesses, strategy and risk management strategy, and financial planning process 05.2 Disclose Scope 1, Scope 2, and, if 26 appropriate, Scope 3 greenhouse gas (GHG) emissions, and the related risks 05.3 Targets used by the organization 30 to manage climate-related risks and opportunities and performance against targets 2 AllianzGI TCFD Report 2021