SDG Commitment Report 2021 Preliminary Results

5 Years SCR 500 SDG Commitment Report 2021 Preliminary Results

1. Corporate communication on the SDGs is increasing in 2021 2. COVID-19 has likely had an impact on SDG visibility 3. Corporate leadership is talking about the SDGs more

Over 95% of companies now discussing SDGs in annual report

Share of comapnies mentioning SDGs 100%

98%

96%

94%

92%

90%

88%

86%

84%

82%

80% 2017 2018 2019 2020 2021 Huge increase in share of chairmen discussing the SDGs

Share of chairmen discussing SDGs 35%

30%

25%

20%

15%

10%

0% 2017 2018 2019 2020 2021 Slight increase in share of CEOs discussing the SDGs

Share of CEOs discussing SDGs 60%

50%

40%

30%

20%

10%

0% 2017 2018 2019 2020 2021 Most companies are discussing the SDGs more than last year

ASML HSBC Holdings BMW Banpu Vonovia Increase in Andritz AG Iceland Air number of ABB Abbott Laboratories SDG Allianz Accenture statements in Barloworld BASF 2021 vs. 2020 Facebook Apple Remgro ABN Amro Tesco Air Canada Adidas Best Buy Fannie Mae Swatch Group Intel Bank of Montreal Whirlpool Adobe Tyson Foods Disney Freddie Mac Coach Aviva Deere JM Smucker Costco Live Nation Shoprite Haseko George Weston Carnival Comcast Hormel FedEx Conagra Walmart Sysco Boeing Medtronic Starbucks Decrease in Distell Hershey number of Citigroup Fifth Third SDG Telefonica IBM statements in Humana Astral Foods 2021 vs. 2020 Visa British American Tobacco Eskom -1500 -1000 -500 0 500 1000 1500 2000 2500 3000

5 Increase in visibility of almost all SDGs in 2021; decreases not statistically significant

SDG8 Decent Work

SDG16 Peace & Justice Increase in SDG9 Industry & Innovation number of SDG SDG12 Responsible Consumption statements in SDG3 Good Health 2021 vs. 2020

SDG13 Climate Action

SDG5 Gender Equality

SDG7 Affordable Energy

SDG2 Zero Hunger

SDG4 Quality Education

SDG11 Sustainable Cities

SDG17 Partnerships

SDG6 Clean Water

SDG1 No Poverty

SDGs in general

SDG10 Reduced Inequalities Decrease in number of SDG SDG15 Life On Land statements in SDG14 Life Below Water 2021 vs. 2020

-500 0 500 1000 1500 2000 2500 3000 3500 4000

6 Only 5% of companies not discussing the SDGs in 2021

Share of companies offering SDG visibility

100% No mention of the SDGs 5% 14% 90%

80%

70%

60% 68% 59%

50% Implicit mention of the SDGs 40%

30%

20% Explicit mention of the SDGs 27% 27% 10%

0% 2020 2021 Explicit Implicit None Companies Analyzed for the SCR500

Asia Hindustan Petroleum Pegatron UltraTech Hindustan Unilever PLDT Aditya Birla Group Hitachi Quanta Computer Advanced Card Genting Malaysia Berhad Reliance Industries Systems Hankook Tire Samsung Aeon Haseko Shandong Weiqiao Pioneering Group AIA Group HCL Singapore Telecommunications HDFC Sinopec Group Air India Hindustan Petroleum Sojitz Alibaba Hindustan Unilever Sompo Holdings Asahi Glass Hitachi Sompo Japan Nipponkoa Bank Mandiri Honda Motor Sony Banpu Hyflux State Bank of India BHP Billiton Infosys Swire Pacific Innolux Taiwan Semicondctor Manufacturing Canon Inpex Takeda Pharmaceutical Cebu Air ITC Tata Motors Central Pattana Itochu Tata Steel China Electronics Japan Post Holdings Teijin China Mobile Japan Tobacco Telstra Communications Jardine Matheson Tenaga Nasional China Vanke Jollibee Foods Terumo Chunghwa Telecom Kao Tokai Carbon KDDI Top Glove Ciputra Development Kikkoman Toyota Motor CITIC Group Kirin Vietnam Dairy Products Compal Electronics Macquarie Vingroup CPC Mahindra and Mahindra WH Group Daikin Marubeni Wilmar International Delta Corporation Midea Group Xiaomi (India) Mitsubishi Electric Mizuho Financial Group Denso MTR Corp Dongfeng Motor Group Nan Ya Plastics East Japan Railway NEC Flextronics Nichirei International Nintendo Formosa Nissan Motor Genting Malaysia Noble Group Berhad NTT DoCoMo Hankook Tire Panasonic

Haseko HCL HDFC

8 Companies Analyzed for the SCR500

Africa Oceana South America Access Bank Air New Zealand Asenav Aspen Pharmacare Australia & New Avnet Astral Foods Zealand Banking Banco Bradesco Group Attacq Banco Security Billabong Barloworld Capricorn Bidvest Commonwealth Investment Group Bank of Australia BMCI CCR National Australia Botswana Insurance Bank Cemex Brait Qantas Cencosud Capevin Holdings Wesfarmers Cielo Cashbuild Westpac Bank CMPC Empresas Dangote Woolworths Compañía de Delta Corporation (Zumbabwe) Minas Buenaventura Distell Credicoop Ecobank Ghana Middle East Credicorp Eskom Emirates Airlines Empresas Copec Foschini Enel Americas Greenbay Properties Gerdau Grindrod Limited Itau Unibanco Liberty Two Degrees Holding Mondi LATAM Airlines MTN Group Petrobras Naspers Ultrapar Remgro Participacoes Safaricom Vale Sasol Stanbic Standard Bank Group Steinhoff International Tanzania Breweries Tsogo Sun Vodacom Zeder Investments Shoprite

9 Companies Analyzed for the SCR500

Europe Compass Group Ab Inbev Continental LafargeHolcim ABB Credit Suisse Group Legrand ABN Amro CRH Linde Accenture Daimler Lloyds Banking Group Adidas Danone LM Ericsson Aegon Deutsche Bank London Stock Exchange Air France Deutsche Boerse Lufthansa Group Air Liquide Deutsche Post LvOreal Airbus Group Deutsche Telekom Maersk Group Akzo Nobel Diageo Medtronic Allianz DNB Merck Andritz AG E.ON Metro ArcelorMittal Electricite de France Michelin ASML Electrolux Munich Re Group Assicurazioni Inditex Enel National Grid Associated British Foods ENI Nestle Astra Zeneca Erste Group Bank Nokia Atlas Copco Evonik Industries Nordea Audi AG First Group (Greyhound) Novartis Aviva Fresenius Novo Nordisk Avon Products Geberit Novozymes AXA GlaxoSmithKline NXP Semiconductors Banco Bilbao Vizcaya Argenaria Glencore OMV AG Banco Santander H&M Hennes & Mauritz Orascom Barclays Hannover Re Otto Group Deutsche Bahn Heineken Holding Parmalat Bayer Henkel Pernod Ricard Beiersdorf AG Hermes Peugeot Berkeley Group Holdings HSBC Holdings Porr AG Bilfinger Iberdrola Prudential BMW Iceland Air Raiffeisen Deutsche Bahn Ikea Randstad Holding British Airways Imperial Brands RBS British American Tobacco Inditex Reckitt Benckiser British Land Infineon RELX Group BT Group ING Group Roche Group Caixa Bank Ingersoll Rand Royal Dutch Shell Carlsberg Inditex Royal Philips Chiristian Dior KBC Group RWE Coloplast Kering Sainsbury Saint-Gobain

10 Companies Analyzed for the SCR500

Europe (cont.) North America Carnival Sampo Deutsche Bahn Centene Sanofi Abbott Laboratories Chipotle SAP AbbVie CIBC Sberbank Adobe Cigna Scania Aetna Cisco Systems Schneider Electric Agilent Technologies Citigroup Shire AIG Clorox Siemens Air Canada Coach Sonova Akamai Coca-Cola Standard Chartered Alcoa Cognizant Standard Life Allstate Colgate-Palmolive Statoil Alphabet (Google) Comcast STMicroelectronics Amazon Conagra Strabag SE AMD Costco Svenska America Movil CSL Swatch Group American Airlines Group CVS Health Swedbank American Express Danaher Swiss Re AmerisourceBergen Deere Talanx Amgen Dell Telefonica Apple Delta Air Lines Telekom Austria AG Applied Materials Disney Telenor Arconic Dole Food Tenaris Arrow Electronics Ebay Tesco AT&T Ecolab Total Bank of America Electronic Arts Trafigura Group Bank of Montreal Emerson Electric UBS Group Bank of Nova Scotia Enbridge UniCredit Group Baxter Energizer Holdings Unilever BB&T Equinix Valeo BCE Expedia Verbund AG Beckton Dickinson Express Scripts Holding Vinci Berkshire Hathaway Facebook Vivendi Best Buy Fannie Mae Sony Group Biogen FedEx Voestalpine AG Blackrock Femsa Volkswagen Blackstone Fifth Third Volvo Boeing Ford Motor Wacker Chemie Bristol-Myers Squibb Freddie Mac Wienerberger AG Canadian National Railway Fuel Tech Wolseley Capital One Financial General Electric WPP Cardinal Health General Mills Zurich Insurance Group Cargill

11 Companies Analyzed for the SCR500

North America (cont) Nationwide General Motors Netflix VMWare George Weston Nike Walgreens Boots Alliance Gildan Norfolk & Southern Walmart Goldman Sachs Northrop Gruman Walmex Green Mountain Nvidia Corp. Wells Fargo Grupo Bimbo Oracle Whirlpool Grupo Financiero Banorte PepsiCo Williams Grupo Televisa Pfizer Yum!Brands Herbalife Philip Morris Hershey PNC Financial Home Depot Praxair Honeywell International Procter& Gamble Hormel Prologis HP Publix Super Markets Humana Ralph Lauren IBM Restaurant Brands Intel Royal Bank of Canada Intercontinental Exchange Salesforce International Paper Sands Intuit Sprint JBS Staples Jet Blue Starbucks JM Smucker State Street Johnson & Johnson Symantec JP Morgan Chase Sysco Keurig Target Kimberly-Clark Tesla Kraft-Heinz Texas Instruments Kroger Time Warner Liberty Mutual Insurance Group TJX Live Nation Toronto-Dominion Bank Lockheed Martin Twenty-First Century Fox Macy's Tyson Foods Mattel United Continental Holdings McKesson United Technologies Microsoft UnitedHealth Group Molina Healthcare UPS Mondelez International US Bancorp Monsanto US Foods Holing NASDAQ Verizon Visa

12 Disclosure Statement

Warnings Regarding Financial Returns Additionally, we have had one year of strong results in the performance of the index that we constructed during The purpose of this booklet is to solicit your the year. Please do not assume that we will have commitment to and involvement in the United strong results again. Our investment team is very Nations Sustainable Development Goals. We experienced and wise from being humbled by the believe that humanity must create a large market again and again. Past results are no assurance community of interest dedicated to changing of future results. This index is relatively new and human behavior to live in harmony with this small unproven. It is therefore risky. planet. Some of this material has been prepared by Princeton One of the ways you can show your commitment is to Capital Management, LLC (“PrinCap”). This document is for information and illustrative purposes only and invest in companies that are themselves operating in does not purport to show actual results. It is not, and sustainable ways. We believe investment is a powerful should not be regarded as investment advice or as a tool that can send a powerful positive message to the recommendation regarding any particular security or corporations the shares of which we include in our course of action, nor any attempt to solicit investment index and a powerful negative message to the services in any jurisdiction where such offering has not corporations the shares of which we do not include. been registered. We have developed a unique approach that guides The UNGSII strategy performance figures set forth are which shares we include in our index and which hypothetical or simulated. As such, such figures do not represent actual trading, are not necessarily indicative shares we do not include. It is NOT the approach that of future results, have certain limitations and may not investors typically take. Specifically, we require that reflect the impact that material economic and market the company commitments in its legally binding factors might have had on UNGSII results if PrinCap regulatory reports to pursuing one of more of the were actually managing clients’ money. For example, Sustainable Development Goals. This limits the such results may have under‐ or over‐compensated for universe of available candidates. For example, in the the impact, if any, of material economic and market litigious United States, some good companies, with factors, such as lack of liquidity. strong commitments to the SDG’s, do not discuss their In addition, such figures are time‐weighted and commitment in their regulatory filings. They are annualized, include realized and unrealized gains and excluded from our index. losses and are gross and not net of management fees or commission charges. The conventional wisdom in investing is that restricting No guarantee is made that the UNGSII Strategy will be the universe of available investments will reduce the successful; no representation is made that the UNGSII returns available to investors. That wisdom may be Strategy will or is likely to achieve the results set forth true, but we believe it is not. We are making a bet, above; and investors should be aware that past with your money, that companies that are committed performance, and simulated performance in particular, to sustainable business practices will produce larger is no guarantee of future results. An investment based returns than companies that are not so committed. upon the UNGSII is speculative and involves risk), actual performance may be lower or higher than the performance data quoted, and investors may lose capital.