Sustainability Report 2021 05.1 Target and achievement tables 01 Introduction Sustainability in our business activities Topic Targets 2021 Progress and Achievements 2021 Targets 2022 and beyond Reference 02 Measuring and Sustainable Decreased our proprietary sustainable investments to Efforts to further decarbonize portfolios (e.g. compensate for For further insights into our managing sustainability investments € 123 bn from € 127 bn. increase of carbon footprint due to economic recovery after sustainable investments, please refer 03 Str engthening COVID-19) and to increase volume in sustainable investments to section 02.2.2 and table ESG-7. our foundation are top on the agenda for upcoming years. ESG-themed • Increased our third-party AGI ESG-themed investment We continue to collaborate with third party clients on finding For further insights into our ESG 04 Climate-r elated investments assets under management to € 184.3 bn from € 95.4 bn suitable bespoke sustainability solutions and expand our themed investments activities, financial disclosure in 2020. dedicated sustainability product offering. please refer to section 02.3 and • Increased our third-party PIMCO ESG-themed investment table ESG-13. 05 Our universal principles assets under management to € 203.1 bn from € 136.5 bn 05.1 Target and achievement tables in 2020. 05.2 How we report: transparent Sustainability in • Conduct further energy audits • Further embedded our sustainability approach in the • Work towards meeting regulatory reporting requirements For further insights into reporting, ratings and performance real estate • Extend efforts to reduce carbon emissions European Debt business. in the context of EU Taxonomy regulation (among others) sustainability in real estate, 05.3 Materiality (e.g. revise the technical/ environmental • Amended the environmental due diligence scope of work • Efforts to further decarbonize the real estate portfolio please refer to section 02.2.4. 05.4 Stakeholder engagement due diligence scope or sustainability for direct investments to consider decarbonization in (our aim is to align with the 1.5°C decarbonization 05.5 Sustainability governance analysis in investment documentation) more detail. pathways for the global real estate sector published by 05.6 Our commitment to human rights • Further energy audits were performed. CRREM by year-end 2024). 05.7 Our impact on the U.N. Sustainable Sustainable Continue to increase our sustainable solutions • Offered 339 sustainable insurance and asset management Continue to increase our sustainable solutions For further insights into our Development Goals 05.8 Independent practitioner’s report solutions offer worldwide. solutions (2020: 231). offer worldwide. Automize data collection process. sustainable insurance solutions, on a limited assurance engagement • € 1,484.7 mn revenue generated through Sustainable please refer to section 02.1.5 and on sustainability information Solutions (2020: € 1,448.9 mn). table ESG-4 and ESG-5. Emerging We aim to continue our expansion in Africa, • Despite the continued negative social and economic We aim to continue our expansion in Africa, Asia, and Latin For further insights into our emerging consumers Asia, and Latin America and to support a impact of the COVID-19 pandemic, we were able to America and to support a growing number of Emerging consumers business, please refer to growing number of Emerging Consumers – maintain or even increase our outreach to emerging Consumers – especially with digital products and services section 02.1.4 and table ESG-6. especially with digital products and services consumers in a number of target countries, and the – by partnering with insurtechs, mobile network operators, – by partnering with insurtechs, mobile reported total number of insured increased from 46.1mn mobility platforms, and other digitally operating partners. network operators, mobility platforms, and in 2020 to 62mn1 in 2021. other digitally operating partners. Following • We also continued to intensify our strategic partnership the extension of our footprint in East Africa, with the microinsurance and health services specialist we will also seek to expand our outreach to BIMA: Following our initial investment in 2017, aimed emerging consumers in this region in 2021. at providing emerging consumers with easier access to insurance, we have further supported BIMA’s transformation from an insurtech to a comprehensive HealthTech with an insurance backbone. 1 Due to change in scope, additional 15.5mn insured reported from Indian government-sponsored health schemes. 94