Shaping the World of Tomorrow Together
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Active is: Shaping the world of tomorrow together AllianzGI Sustainability Capabilities March 2021 Value. Shared. For Institutional Use Only 1296786 Why sustainable investing is important to us As an active manager we understand that capital allocation and company engagement are the key drivers of positive change. By integrating ESG considerations in our active investment decisions, our clients partner with us to strike a new path towards a more sustainable economy and society. Active is: Shaping the world of tomorrow together 2 Since 1999, AllianzGI has been driving sustainable solutions forward For the fourth year in a row, AllianzGI has received an “A+” from the PRI for its overarching approach to ESG Strategy and Governance1 We commit to continuous innovation to support a socially responsible transition to a low carbon economy 1999 2007 2015 2019 2020 2021 Inception year of AllianzGI amongst We were among the First mover with As of Dec 31, we Launching in Global the first 50 asset first 3 asset AfricaGrow: first manage 251 bn 2021, our Sustainability, a managers to sign managers globally German blended USD in Climate sustainable and the UN Principles for offering a Green finance vehicle to sustainable Engagement with responsible (SRI) Responsible Investing Bond strategy - invest in the Private investment Outcome investing equity (UN PRI)¹, which now ahead of the Paris Equity and Venture strategies strategy strategy has close to 2000 Climate Agreement Capital sector in Africa signatories in 2015 1 https://www.unpri.org/signatories/signatory-directory The PRI assessment report is based on information reported directly by signatories. Moreover, the underlying information has not been audited by the PRI or any other party acting on its behalf. ESG: Environmental, Social and Corporate Governance . Source: Allianz Global Investors, AUM as of December 31, 2020. PRI rating as of 2020. 3 Allianz takes the lead in decarbonizing the economy across the world Allianz SE is one of the initiators of the UN-backed Net-Zero Asset Owner Alliance to drive investment portfolios to carbon neutrality by 2050 $ 7.6 bn $ 1.8 bn 43.8 mn equity and debt investments revenues from 185 solutions emerging consumers served RENEWABLE SUSTAINABLE SOLUTIONS FOR ENERGY SOLUTIONS EMERGING CONSUMERS Allianz has invested proprietary Allianz Group offers 185 Allianz serves 43.8 million assets totaling USD 7.6 bn in 95 sustainable insurance and customers with solutions geared renewable energy projects. asset management products. towards low-income families in They generate revenues emerging markets. totaling USD 1.8 bn. Allianz SE is Insurance Sector Leader 2019 & Gold Class in the Dow Jones Sustainability Index AAA rating by MSCI ESG Research Source: AllianzSE, Allianz Global Investors. January 2020 https://www.unepfi.org/net-zero-alliance/ 4 Global coverage of ESG/SRI research & integration analysts Global Head of Sustainable and Impact Investing MATT CHRISTENSEN (18/1)* France FRANCE ITALY Global Head of SRI Research ESG Analyst ISABEL REUSS (36/36)* MARIE-SYBILLE CONNAN (23/13)* ESG Analyst GERMANY MATHILDE MOULIN (16/14)* ESG Analyst ANTJE STOBBE (24/2)* SRI Analyst MARIE NAVARRE (15/1)* SRI Analyst MARIE RUPP (27/20)* SRI Analyst MELISSA BOURASSI (10/8)* ESG Integration Manager NINA HODZIC (16/3)* SRI Analyst JULIEN GIRAULT (12/1)* ESG Integration Specialist JONAS JEBABLI (4/3)* UNITED KINGDOM ESG Analyst ESG Integration Specialist DAVID SHAMMAI (20/1)* DANIEL STAUDEGGER (2/2)* ESG Analyst AUSTRALIA KIMON A. DEMETRIADES (8/3)* ESG Analyst Analysts are supported by a state-of-the-art DIANNA ENLUND (23/8)* proprietary digital platform ‘Investment Chatter’, ESG Analyst providing a forum for information, discussion and BIXUAN XU (6/6)* debate. CANADA ESG Analyst ESG SolutionSpecialist CHRIS YE (12/3)* GLENN O. ANDERSON (2/2)* *(years of industry experience / years with AllianzGI) Source: Allianz Global Investors Our strategy offerings are based on our client’s preferred outcomes Integrated ESG Sustainable SDG-aligned Impact Risk Values Mission Impact Integrating material Uses ESG assessments to Intention to Environmental, Social and construct portfolios contribute to positive Generates measurable Governance risks reflecting our clients’ environmental and environmental and considerations into values through exclusions societal change in societal outcomes against investment analysis and and climate engagement alignment with one or specific KPIs decisions without or SRI best-in-class multiple SDGs constraining universe considerations AllianzGI has received an Active stewardship: company engagement and proxy voting “A+” rating from the PRI for Active Ownership in listed equity Source: Allianz Global Investors, 2020. For illustrative purposes only. Allianz Global Investors supports the UN Sustainable Development Goals (SDGs) 6 Active is: Unlocking the potential of ESG We are committed to integrating ESG factors into all investment decisions and across all asset classes Impact & SDG-aligned / USD 7bn Sustainability-themed objective Generating intentional environmental & social 1% ESG informed USD 461bn outcomes in alignment with one or multiple SDGs We believe ESG factors are crucial alongside financial returns investment performance drivers, both 7% USD 53bn Sustainable Responsible Investing (SRI) from a return potential and risk 65% perspective Uses ESG practices and values assessment in All investment professionals have investment analysis and portfolio construction access to proprietary ESG research via a digital collaboration platform Integrated ESG - 27% We pursue an active stewardship USD 191bn Active ESG risk management approach to improve business Integrates financially material ESG factors into investment practices and performance of analysis and decision making in a systematic and companies disciplined way, without constraining universe AUM in USD 712bn How we create value PRI top score A+ on ESG strategy Allianz SE sustainability leader An ESG pioneer since 1999 and governance and within DJSI Data as of December 31, 2020. Source: Allianz Global Investors. Impact comprises different strategies targeting climate transition, environmental projects and renewable energy. Environmental, social and governance (ESG); Sustainable & responsible investing (SRI); Dow Jones Sustainability Index (DJSI); Principles for responsible investing (PRI). Sustainability leadership and inclusion in the DJSI are based on the research of and an evaluation of questionnaires submitted to RobecoSAM. The PRI assessment report is based on information reported directly by signatories. Moreover, the underlying information has not been audited by the PRI or any other party acting on its behalf. The Sustainable Development Goals (SDGs) are a collection of 17 global goals designed to be a "blueprint to achieve a better and more sustainable future for all". The SDGs were set in 2015 by the United Nations General Assembly, intended to be achieved by 2030. 7 Our Sustainability Strategies based on fund / 3rd party availability Spectrum of Strategies Covered Regional focus Integrated ESG SRI SDG aligned Impact Equity Best Styles Global, EM, Europe X X Best Styles APAC, US X Traditional / Unconstrained Europe, Global X X Traditional / Disciplined US, Japan, China A X Global Water/ Smart Energy Global X Insurance Dedicated X Equity Growth / Dividend / Value Europe X Equity Small / Mid Cap Europe X Climate Transition Europe X Positive Change/ Food Security/ Clean Planet Global X Fixed Income IG Credit Global X IG Credit Europe X X Unconstrained Credit Global X Aggregate EUR X Green Bonds Global X Emerging Markets Sovereign / Corporates Global X Ultra Short Term R X Money Market EUR X Insurance Dedicated EUR X Multi Asset Global Fundamental Global X DMAP / DMAS Defnesive / Conservative / Moderate / Growth Global X Alternatives Impact Fund OECD X AfricaGrow EM X Allianz IFC Vehicle EM X Agency-Backed EM X Renewable Energy / Infrastructure OECD X Infrastructure Debt* Global X ACP Strategies* Global X Source: Allianz Global Investors as of October 2020; *These strategies comply with the Allianz ESG framework where Allianz is a core investor in the strategy. Our Sustainable Strategies We have 20+ Sustainable solutions across asset classes and are committed to adding many more Integrated Sustainable and Sustainable ESG Responsible Investing Development and Impact $191B in AUM $53B in AUM $7B in AUM ▪ Equity ▪ Equity ▪ Equity – Allianz European Equity Dividend – Allianz Global Sustainability – Allianz Europe Equity Climate Transition – Allianz Convictions Europe and Euroland – Allianz Euroland Equity SRI – Allianz Global Water – Allianz Europe Equity Growth ▪ Fixed Income ▪ Fixed Income – Allianz Europe Equity Value – Allianz Euro Credit SRI – Allianz Green Bonds – Allianz Continental European ▪ Multi Asset ▪ Alternatives – Allianz Global Unconstrained – DMAP SRI – Allianz Renewable Energy – Allianz Global High Alpha – Japan Concentrated Equity, Japan Equity ▪ Multi Asset – Allianz US Large Cap Core – Allianz Impact Investment – AllianzGI US Focused Growth – Insurance Dedicated Equities – Equity European Mid Cap Core ▪ Fixed Income – Allianz Fixed Income Euro Credit ▪ Alternatives – Infrastructure Debt ▪ Multi Asset – Allianz Global Fundamental Strategy As of December 31, 2020. The above is a representative list of investment capabilities and solutions. Not all capabilities and solutions are currently available in all markets 9 Summary: Why AllianzGI for Sustainable Investing? 1. Strong expertise