Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Clean Energy
• Sustainable Development Goals (SDGs)
• Good Governance

Environmental Achievements

• Sub-fund's weighted carbon footprint (scope 1+2) lower than the benchmark.
• Sub-fund's weighted carbon GHG intensity (scope 1+2) lower than the benchmark.
• Minimum 5% of the Sub-fund’s NAV invested in Taxonomy-aligned investments.

Social Achievements

• Alignment with OECD Guidelines for Multinational Enterprises and UN Guiding Principles on Business and Human Rights.
• Minimum 1% of investments with social objective.

Governance Achievements

• Good governance assessment based on sound management structures, employee relations, remuneration of staff, and tax compliance.
• Application of ESG and SRI exclusions criteria.
• Engagement with investee companies on decarbonization.

Climate Goals & Targets

Environmental Challenges

• Data limitations related to the promotion of environmental and social characteristics.
• Limited availability of reliable data on Principal Adverse Impacts (PAIs).

Mitigation Strategies

• Investments with unavailable data are excluded from the quota-proportion of investments promoting environmental and social characteristics.
• No thresholds or stringent limits are set at the portfolio level for PAIs due to data variability.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SFDR (Sustainable Finance Disclosure Regulation), UN SDGs (Sustainable Development Goals), PRI (Principles for Responsible Investment), MSCI ESG Research Methodology

UN Sustainable Development Goals

• Goal 7: Affordable and Clean Energy
• Goal 8: Industry, Innovation and Infrastructure
• Goal 11: Sustainable Cities and Communities
• Goal 12: Responsible Production and Consumption
• Goal 13: Climate Action

Investments are selected based on alignment with at least one of these SDGs, without conflicting with any of the 17 SDGs.