Sustainability is on top of the agenda What political leaders around the globe are saying …and how investors are allocating capital 2001 – 2019 ESG fund development “We will put America back in the business of in $ billion leading the world on climate change.” # of funds Joe Biden, President of the USA # of ESG funds Asset flow cumulated “I want Europe to become the first climate neutral continent in the world by 2050.” Ursula von der Leyen, President European Commission Source: EPFR, BofA Merrill Lynch (2019) “We aim to have CO2 emissions peak before 2030 “I believe that this is the beginning of a and achieve carbon neutrality before 2060.” long but rapidly accelerating transition.” Xi Jinping, President of China Larry Fink, CEO BlackRock 3 March 2, 2021 | Transformation towards a sustainable future 