2021 Sustainability Report 2 Table of contents Message from the Executive Chairman 3 1. Our approach to sustainability 4 1.1. Sustainability is strategy 5 1.2. Governance of sustainability matters 7 1.3. Stakeholder dialogue, partnerships and public commitments 8 1.4. Materiality assessment of non1financial risks 9 1.5. 2021 highlights and impact at a glance 10 2. ESG integration across the business model 11 2.1. ESG integration in investments 12 2.2. ESG in Global Advisory 18 2.3. ESG considerations in supply chain engagement 19 2.4. Philanthropic partnerships: R&Co4Generations 20 3. Environmental impact 21 3.1. Strategic priorities 22 3.2. Products and services: investment approach 23 3.3. Products and services: Global Advisory 25 3.4. Operational environmental footprint 26 3.5. Philanthropic partnerships: R&Co4Generations 29 4. People and social impact 30 4.1. Strategic priorities 31 4.2. Operational impact and people culture 32 4.3. Products and services: investment approach 38 4.4. Products and services: Global Advisory 39 4.5. Philanthropic partnerships: R&Co4Generations 40 5. Business practices 41 5.1. Strategic priorities 42 5.2. Compliance culture and systems 43 5.3. Financial crime 44 5.4. Data and cybersecurity 46 6. Appendices 47