Sustainability Report 2021 04.6 Targets and metrics 01 Introduction Table TCFD-1 Listed equity portfolio indicators 02 Measuring and Indicator Unit 2021 20201 Δ y-o-y managing sustainability Equities, Portfolio AuM € bn 40.8 32.5 25.6 % 03 Strengthening Equities, Share of total AuM % 5.0 4.0 -1.0 %-p our foundation Equities, Absolute emissions mn t CO₂ 2.3 2.2 3.2 % 04 Climate-related Equities, Relative emissions t CO₂ / mn 55.7 67.5 -17.5 % financial disclosure € invested Equities, Weighted average carbon intensity t CO₂ / mn 134.0 143.7 -6.7 % 04.1 Highlights € sales 04.2 Governance Equities, Emissions data coverage % 97.0 97.0 0.0 %-p 04.3 Strategy 04.4 Strategy resilience, stress-tests and Table TCFD-2 climate scenario analysis Sectoral listed equity portfolio indicators 04.5 Risk and opportunity management 1 04.6 Targets and metrics Indicator Unit 2021 2020 Δ y-o-y 05 Our universal principles Total AuM in 4 sectors with highest owned absolute emissions € bn 21.6 16.9 27.2 % Absolute Emissions of 4 sectors with highest owned absolute emissions mn t CO₂e 2.0 2.0 1.5 % Number of issuers in 4 sectors with highest owned absolute emissions 2,053 2,041 0.6 % Under Engagement by Climate Action 100+ 112 118 -6 2 1 Split of sectors with highest owned absolute emissions in equities portfolio Unit 2021 2020 Δ y-o-y Manufacturing sector total AuM € bn 19.3 14.8 30.2 % share of equity AuM % 47.0 46.0 -1.0 %-p absolute emissions mn t CO₂e 1.6 1.5 7.4 % relative emissions t CO₂e/€ mn invested 82.6 99.6 -17.0 % Weighted average carbon intensity t CO₂e/€ mn sales 74.7 78.2 -4.5 % Manufacture of other non-metallic mineral products Manufacture of other non-metallic mineral products sector total AuM € bn 0.7 0.5 39.1 % Manufacture of other non-metallic mineral products absolute emissions mn t CO₂e 0.2 0.4 -40.7 % Manufacture of other non-metallic mineral products relative emissions t CO₂e/€ mn invested 355.5 828.6 -57.1 % Manufacture of other non-metallic mineral products Weighted average carbon intensity t CO₂e/€ mn sales 22.7 38.5 -41.1 % Manufacture of basic metals Manufacture of basic metals sector total AuM € bn 0.2 0.1 56.1 % Manufacture of basic metals absolute emissions mn t CO₂e 0.5 0.3 53.7 % Manufacture of basic metals relative emissions t CO₂e/€ mn invested 2.7 2.8 -1.8 % Manufacture of basic metals Weighted average carbon intensity t CO₂e/€ mn sales 7.7 8.1 -4.4 % 1 The number of issuers in 5 sectors with highest owned absolute emissions in equities portfolio increased significantly compared to previous year reporting, mainly due to the generation of carbon footprint report using the NACE sector. Moreover, a considerable share of equity portfolio is invested in manufacturing sector, resulting in large numbers of issuers in scope. 2 These four NACE level 1 sectors comprise the majority of our listed equity absolute owned emissions. We decided to further break down the manufacturing sector to the most impacted NACE level 2 sectors as it alone accounts for a material part of the emissions. 88