a.s.r

• a.s.r.’s materiality assessment addresses nature-related dependencies, impacts, risks and opportunities across the value chain.
• Material impacts: Biodiversity and ecosystem degradation, ecosystem-service degradation, land-use change, climate change, natural resource exploitation, pollution and invasive alien species.

Material dependencies: availability of construction materials, soil health, water resources, climate regulation and ecosystem services.

• a.s.r. has SMART targets linked to climate and nature priorities, with defined timelines and performance indicators.

For example,

• Land use change and overexploitation of species: By 2026 engage with relevant companies active within high-impact sectors within the investment portfolio on having a biodiversity action plan.
• Pollution: By 2026 identify companies with highest plastic footprint in the investment portfolio.
• Climate change: By 2030 achieve a 25% emission reduction within the investment portfolio compared to 2023.

• a.s.r. has concrete actions in line with mitigation hierarchy

For example,

• Avoid: Exclusion and screening policies.
• Reduce: Stewardship, engagement and portfolio management.
• Restore/Regenerate: Biodiversity restoration and ecosystem enhancement initiatives.
• Transform: Nature integration into investment, insurance and real-estate strategies.

Within the Management Board, the CEO is responsible for sustainability, including the climate and nature policy. Overall, the Management Board bears the ultimate accountability for the realization of the corporate strategy, including the sustainability strategy.