Mobilizing private and institutional capital: We mobilize capital to support environmental and social issues, including the transition to a low carbon economy. For example: - We offer 100% sustainable discretionary mandates and asset allocation funds based on our new dedicated SI Strategic Asset Allocation for private clients in Global Wealth Management (GWM). - Our GWM in collaboration with AM is developing a range of new thematic and pooled impact investments. - Our GWM has committed to integrating Environmental, Social, and Governance assess- ments, including a dedicated climate dimension, into all fund and ETF onboardings. - We have set a target of directing USD 5 billion of client assets into new impact investments for the Sustainable Development Goals by end of 2021. These investments include a significant climate component. - We participated in launching Align17 - a WEF Young Global Leaders initiative - an independent, third-party digital marketplace, which stands out in connecting a wider range of public, institutional, and private wealth investors with SDG-related investment opportunities. - Our AM and GWM businesses have in place a comprehen- sive approach to environmental and social factors and to corporate governance across investment disciplines. The 2018 GRESB (Global Real Estate Sustainability Benchmark) awarded ten of AM's real estate and infra- structure funds 5 - star ratings, and seven funds ranked first in their respective peer groups.