Climate Change Data

Environmental Metrics

Social Achievements

• Conducted 40 Investor Awareness Programs across the country
• Opened 2 new branches of the AMC at Pune and Hyderabad

Governance Achievements

• Formulated a Voting Rights Policy

Climate Goals & Targets

Environmental Challenges

• FY2017-18 was a below average year for Indian equity market investors.
• FY17-18 turned out to be a challenging year for the bond market.

Mitigation Strategies

• Proposes to significantly strengthen platform with investment in automation and technology for future scalability and focus on consistent investment performance with unique solution.
• Aims to come up with innovative investment solutions suiting various investment needs of investors.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Corporate Governance
• Environmental, Social, and Governance (ESG)

Governance Achievements

• Developed a comprehensive policy on the discharge of stewardship responsibilities in compliance with SEBI guidelines.
• Established procedures for voting on shareholder resolutions.
• Implemented processes for identifying and managing conflicts of interest.
• Established a monitoring process for investee companies, including ESG risks.

Climate Goals & Targets

Environmental Challenges

• Potential conflicts of interest arising from the Company's affiliation with a large financial services organization.
• Balancing the interests of different clients and beneficiaries.

Mitigation Strategies

• Detailed procedures to avoid and manage conflicts of interest, including consultation with the Investment Committee.
• Prioritizing the interests of clients/beneficiaries above the interests of the entity.
• Strict separation of asset management activities from other Edelweiss Group activities to prevent access to insider information.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Stewardship Responsibility

Social Achievements

• Conducted 14 online and 2 offline Investor Awareness Programs

Governance Achievements

• Formulated a comprehensive policy on the discharge of stewardship responsibilities and publicly disclosed it.
• Established a clear policy on how they manage conflicts of interest in fulfilling their stewardship responsibilities and publicly disclosed it.
• Implemented a clear policy on intervention in their investee companies and a clear policy for collaboration with other institutional investors.

Climate Goals & Targets

Environmental Challenges

• Market volatility driven by Russia-Ukraine war and higher commodity prices
• Heightened levels of volatility in global bond markets due to changes in G7 monetary policies to curtail inflation
• Higher-than-expected level of market borrowing and conservative revenue collection projections in the Union Budget for FY23
• Sharp increase in geopolitical risk in Europe resulting in further spike in inflationary impulse and global bond yields

Mitigation Strategies

• Conservative allocation to debt portion of schemes
• Better stock selection in healthcare sector
• Continued improvement in the economic landscape and higher demand for bonds from the banking system amid lack of credit off-take and strong growth in deposits

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Sustainable Biofuel Production
• Farmer Income
• Waste Management
• Energy Security

Environmental Achievements

• Increased ethanol blending in petrol to 5% (2019-20), aiming for 20% by 2025

Social Achievements

• Government initiatives to stabilize the sugar industry and ensure timely farmer payments
• Support for doubling farmers' income

Governance Achievements

• Increased government regulation in the sugar industry

Climate Goals & Targets

Environmental Challenges

• Availability of sufficient feedstock
• Weather-related issues
• Pricing of feedstock and ethanol
• Potential reversal of supportive government policies

Mitigation Strategies

• National Bio-fuels Policy 2018 (including wider range of feedstock)
• Measures to make ethanol production more remunerative
• Expansion of distillery capacities

Supply Chain Management

Climate-Related Risks & Opportunities

UN Sustainable Development Goals

• SDG 7 (Affordable and Clean Energy)
• SDG 2 (Zero Hunger)
• SDG 13 (Climate Action)

Ethanol production contributes to renewable energy, supports farmers' income, and reduces reliance on fossil fuels.

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Social Achievements

• Strengthened mentoring circle program for women employees
• Created consistent learning opportunities for the team through internal and external experts
• ‘Writing Her Story’ session for women employees to learn from experience
• Regular connect with employees through the leadership connect
• One on one employee connect platform to understand each one
• Rewind and recharge through the annual employee meet

Governance Achievements

• Implemented policies and practices for risk management even before the implementation of the Risk Management Framework (RMF)
• Internal investment & risk management committee to discuss on risk vectors
• Risk management committee at trustee and AMC board level to guide on various risk vectors
• Stringent trade practices & periodic review of dealing activities
• Implemented processes in addition to the RMF to build a strong risk and governance ecosystem
• Conduct stress testing scenarios including BCP and root cause analysis
• Investment committee and risk approvals for adding new securities to the universe
• Periodic reviews of our investment universe
• Employee trainings on insider trading, AML, Financing Terrorism, etc.
• Comprehensive risk register and risk appetite statements covering all probable risk events
• Periodic review of all policies and processes in order to be future ready
• Stringent due diligence process for brokers / vendors / third-parties
• Tight control & adherence to regulations & product style
• Review of key outsourced activities and periodic evaluations of SLAs
• Periodic management review focusing on limit monitoring framework, incident reporting

Climate Goals & Targets

Environmental Challenges

• The whole world faced a tail risk event with the 3rd wave of Covid-19 pandemic, coupled with lockdowns.

Mitigation Strategies

• Our advance preparation, along with technology enablement, ensured almost all our critical staff could work from home seamlessly for business continuity and serving customer deliverables.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• ‘2nd Best AIF – Cat III – Equity Long Short on 18 months of Risk Adjusted Returns’ award for 2021 by PMS AIF World

Environmental Metrics

Social Achievements

• Conducted overall 14 online and 2 offline Investor Awareness Programs across the country as part of SEBI – AMFI initiative for enhancing investor awareness.

Governance Achievements

• Approved the policy on discharge of stewardship responsibilities on June 9, 2020 and June 10, 2020 respectively. The Policy is disclosed on the website.

Climate Goals & Targets

Environmental Challenges

• Equity markets witnessed the change in the interest rate regime (from declining interest rate regime to an increasing one). Volatility driven by Russia-Ukraine war and higher commodity prices.
• FY22 was a volatile year for the Indian bond market due to higher-than-expected gross borrowing, unsettled revenues collection amid ongoing 2nd wave of Covid-19, rising inflationary impulse, and a sharp increase in the benchmark bond yields across the world.

Mitigation Strategies

• Conservative positioning due to RBI’s rate hikes (for liquid funds).
• Active duration management (for Government Securities Fund).

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Stewardship Responsibility

Social Achievements

• Conducted overall 8 online and 11 offline Investor Awareness Programs across the country as part of SEBI – AMFI initiative for enhancing investor awareness.

Governance Achievements

• Edelweiss Asset Management Limited has formulated its “Voting Rights Policy” and Stewardship Code.

Climate Goals & Targets

Environmental Challenges

• Subdued performance in recently listed companies after a multi-year high primary market activity.
• Tough year for the Indian bond market with aggregate real returns from the bond market being negative amid elevated global inflationary pressures.
• Sticky inflation and upward moving policy rates caused benchmark government bond yields to harden.

Mitigation Strategies

• Participated selectively in new IPOs along with focus on building a diversified sectoral portfolio.
• Dynamic duration management amid rising bond yields.
• Investors preferred to invest in passively managed Target Maturity bond index funds / bond ETFs to benefit from higher bond yields and superior tax-adjusted return over a long period of time.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Stewardship Responsibility

Social Achievements

• Conducted overall 8 online and 11 offline Investor Awareness Programs across the country as part of SEBI – AMFI initiative for enhancing investor awareness.

Governance Achievements

• Edelweiss Asset Management Limited has formulated its “Voting Rights Policy” and Stewardship Code.

Climate Goals & Targets

Environmental Challenges

• Equity market correction due to changing interest rate regime, Russia-Ukraine war, and higher commodity prices.
• Tough year for the Indian bond market with negative aggregate real returns amid elevated global inflationary pressures.
• Sticky inflation and upward moving policy rates caused benchmark government bond yields to harden.

Mitigation Strategies

• Conservative asset allocation model for debt portion of hybrid funds.
• Focus on high-quality papers with Macaulay duration less than 3 years for fixed income component.
• Strong focus on Target-Maturity bond ETFs / bond index fund segment.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

Social Achievements

• Conducted 49 offline Investor Awareness Programs across the country as part of SEBI – AMFI initiative for enhancing investor awareness.

Governance Achievements

• Edelweiss Asset Management Limited has formulated its “Voting Rights Policy” and Stewardship Code, available on the website.

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

Social Achievements

• Conducted 49 offline Investor Awareness Programs across the country as part of SEBI – AMFI initiative for enhancing investor awareness.

Governance Achievements

• Edelweiss Asset Management Limited has formulated its “Voting Rights Policy” and Stewardship Code, available on the website.

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities