ESG Integration Framework 06 External associations Allianz also intends to promote ESG integration in the broader 06.1.2 Public Disclosure of Progress investment and insurance industries. Therefore, Allianz Group is a Every year, Allianz Group publishes a disclosure of progress signatory member of both the UNEP-FI Principles for Sustainable describing how it has committed to the UNEP FI PSI principles and Insurance (PSI) and the United Nations-backed Principles for how Allianz has integrated the principles in its core business. Responsible Investment1 (PRI). The associations promote the increased integration of ESG in the core business of Allianz. The 2 subsidiaries AllianzGI and PIMCO are also signatory members of 06.1.3 Development of a global industry standard for the PRI. ESG in insurance Allianz has publicly committed to these principles and has committed Allianz has participated in a PSI-led initiative to develop global to incorporating them into its business. standards for ESG in insurance along other major insurers and reinsurers, brokers, academics and industry experts. 06.1 Principles for Sustainable Insurance Allianz has been a signatory of the UNEP-FI Principles for Sustainable 06.2 Principles for Responsible Investment Insurance (PSI) since 2014. Allianz has been a signatory of the United Nations-backed Principles for Responsible Investment since August 2011. As a signatory Allianz 06.1.1 Principles engages to promote the principles within the Group and amongst industry peers. All investment-related ESG integration activities by 1 We will embed in our decision-making environmental, social Allianz Group entities are in line with commitments to the Principles. and governance issues relevant to our insurance business. In addition to integrating ESG into core investment practices across 2 We will work together with our clients and business partners the company, Allianz Group has participated in or participates in to raise awareness of environmental, social and governance various PRI-led initiatives and working groups. issues, manage risk and develop solutions. 3 We will work together with governments, regulators and other key stakeholders to promote widespread action across society 06.2.1 Principles on environmental, social and governance issues. 4 We will demonstrate accountability and transparency in 1 We will incorporate ESG issues into investment analysis and regularly disclosing publicly our progress in implementing the decision-making processes. Principles. 2 We will be active owners and incorporate ESG issues into our ownership policies and practices. 1 PRI is an investor initiative in partnership with United Nations Environment Pro- 3 We will seek appropriate disclosure on ESG issues by the gramme Finance Initiative and the United Nations Global Compact. entities in which we invest. 2 Allianz SE is an asset owner member, while AllianzGI and PIMCO are investment 4 We will promote acceptance and implementation of the 48 manager members.