| Australian Smaller Companies

Team Carbon Footprint Report| Australian Smaller Companies

Australian Smaller Companies March 2019 As at March 2019

Team Emissions Profile The table below shows key carbon metrics including the weighted average emissions for the team (all portfolios) vs an aggregated benchmark, the intensity of emissions (emissions/$m of sales) and the exposure to fossil fuel companies as classified by MSCI. Filter the dashboard by clicking on a country or sector of interest, hover over a country, sector or company to see additional information.

204,823 tCO2e -12.3% 146.8 tCO2e -3.0% 114 / 116 1,382M / 1,382M 2.8 Weighted Ave Emissions Diff Weighted Ave Emissons Weighted Ave Intensity Diff Weighted Ave Intensity Companies Covered $ Covered Ave. Fossil Fuel Comp. (Scope 1 + 2) vs Benchmark (Aggregated) (Scope 1 + 2 / $m Sales) vs Benchmark (Aggregated) per Portfolio Weighted Average Carbon Emissions by Country of Domicile Difference in Weighted Average Emissions Historical Carbon Emission - Team Level The colour of the country shows the difference in weighted average intensity The heat map below shows the size of exposure to each sector based on the The line chart below show the weighted average carbon emissions for the companies held by the team vs the benchmark (aggregated). The % size of the rectangle and colour showing the difference between the team's (top) and the weighted average emissions intensity for the portfolio (dark blue line) vs index companies (orange line) over the last five value over a country is the exposure to comDpifafenrieensc eli sWteidgh itned t hAvaet Icnoteunnstitryy .(%) weighted average emissions intensity and index for each sector. years. -100.0% 100.0% . Consumer Discretionary Information . d o e b 200K t

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Portfolio Companies Difference to Industry Average Top 10 Contributors to Team Emissions The scatter plot shows the difference to the industry average for companies in both total scope 1 and scope 2 emissions (x-axis) and emissions intensity (y-axis). The size of the circle is proportionate to the % exposure to the BLUESCOPE STE.. company for all portfolios. Alumina Ltd Incitec Pivot Ltd

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f 0M 20M 0M 10M 0% 20% 1K 2K 10% 0K 2K i D -5K Contribution to Contribution to -6M -4M -2M 0M 2M 4M 6M 8M 10M 12M 14M 16M 18M 20M 22M Carbon Weighted Intensity Weighted Diff to Emissions Average (t-CO2-e/$m Average Industry Ave Difference to Industry Ave Emissions Exposure $ Scope 12 Emissions rev) Intensity Intensity

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