14 slides from Listed Index Fund ToPIX Ex-Financials's sustainability presentation, Jul 17, 2025
Slide 1: Global Equity Quarterly ESG Review Q1 2025
This is a marketing communication GLOBAL For Professional Investors Only EQUITY Quarterly ESG Review Q12025 1
Slide 2: Table of Contents
TABLE OF CONTENTS Section 1 Our Commitments Section 2 ESG Attributes Section 3 ESG Overview Section 4 Carbon Footprint Section 5 Stewardship – Company engagement and dialogue Section 6 Stewardship - Proxy Voting Section 7 Nikko AM Resources & Commitments 2
Slide 3: Our Commitments
OUR COMMITMENTS Purpose Led Future Quality Purpose led Future Quality Companies: ESG Integration: • A focus on companies creating stakeholder value • ESG helps us find Future Quality companies • High and sustainable cash-flow returns delivered by management • We undertake ESG research directly and d
Slide 4: Portfolio ESG Characteristics
PORTFOLIO ESG CHARACTERISTICS Portfolio has a lower carbon footprint and is not exposed to destructive companies Lower GHG intensity Social safeguard Fund has lower GHG intensity Fund exposure to companies flagged for certain compared to the benchmark frequently used social safeguard screens 45.89 U
Slide 5: Global Equity Portfolio
GLOBAL EQUITY PORTFOLIO 32% 29% 25% 26% 21% • ESG ratings only tell part of the story and are backward looking. 20% 15% • Not every company is perfect and an improving ESG journey can 10% create substantial value. 8% 6% 4% 3% • We engage with the companies that have been flagged by our Future 0% 0%
Slide 6: Climate Characteristics
CLIMATE CHARACTERISTICS Portfolio Carbon Footprint Financed emissions Carbon Intensity Top 5 Financed Emissions Weight Top 5 Emitters (WACI) Weight (tCO2e) (tCO2/USDm revenue) Linde Plc 2.42% 3.928.7 Linde Plc 2.42% 1,134.8 Taiwan Semiconductor Kerry Group Plc 2.35% 590.7 2.34% 185.5 Manufacturing C
Slide 7: ESG Engagement Summary (1/2)
ESG ENGAGEMENT SUMMARY (1/2) Summary of main ESG Engagement objectives over the last 12 Months Engagement Company Topic Objective Summary Status date Dispute between activist and management. We encouraged increased board 26/05/2023 independence for better CEO oversight. Board composition has been 22
Slide 8: ESG Engagement Summary (2/2)
ESG ENGAGEMENT SUMMARY (2/2) Summary of main ESG Engagement objectives over the last 12 Months Engagement Company Topic Objective Summary Status date Letter sent and meeting held to discuss expectations around GHG 31/10/2023 emissions targets linked to annual bonus, Scope 3 emissions and EU Consider
Slide 9: Proxy Voting
PROXY VOTING Proxy Voting 12m Rolling Summary Global Equity Strategy - Breakdown of Voting Votes Against Votes For Management Period Number of Meetings Number of Items Voted Management Recommendations Recommendations Number Percentage Number Percentage Q2 2024 60 944 67 7.1% 877 92.9% Q3 2024 7 89 3
Slide 10: Global Sustainable Investment: ESG Resources and Commitments
GLOBAL SUSTAINABLE INVESTMENT Asian leader for ESG and Stewardship ESG Resources Commitments • Task Force on Climate-related Financial • UN Principles for Group President Group Chief Investment Officer Disclosures (TCFD) Responsible • Net Zero Asset Managers Investment Global Head of Sustainable ini
Slide 11: Risks
RISKS Besides the risks included in the risk indicator, other risks may affect the fund performance. Operational Risk - due to issues such as natural disasters, technical problems and fraud. Lower Liquidity Risk - Lower liquidity means there are insufficient buyers and sellers in the market to facil
Slide 12: Important Information
IMPORTANT INFORMATION This document is prepared by Nikko Asset Management Co., Ltd. and/or its affiliates (Nikko AM) and is for distribution only under such circumstances as may be permitted by applicable laws. This document does not constitute personal investment advice or a personal recommendation
Slide 13: Important Information
IMPORTANT INFORMATION This document does not constitute investment advice or a personal recommendation and does not consider in any way the suitability or appropriateness of the subject matter for the individual circumstances of any recipient. In providing a person with this document, Nikko AME is n
Slide 14: Nikko Asset Management
nikko am Nikko Asset Management 14