2 Contents 3 Introduction: Performance that matters — advancing our purpose through sustainability 4 Letter to Our Shareholders 6 Activating the Power of the Financial System for a Sustainable Future 15 Climate Transition: Accelerating the next industrial revolution 16 Executive Summary 17 Introduction 20 Driving Transition 27 Accelerating Innovation 33 Mobilizing Capital 37 Closing the Gap Through Partnerships 39 Meeting the Net Zero Challenge in Asia 42 Driving Sustainability in Our Own Business 46 Looking Ahead: Climate Change and Biodiversity 48 Inclusive Growth: An economy that works better for all 49 Executive Summary 50 Introduction 54 One Million Black Women 63 Defining and Executing on Our Strategy 74 Leveraging Partnerships to Unlock Sustainable Economic Growth 79 Driving Change Across Our Firm 85 What to Expect Next 87 Governance: Managing our progress 88 Governance at Our Firm 90 2021 Transaction Breakdown and Highlights 93 Key Metrics & Indicators: Measuring our progress 94 Environmental Indicators 98 Recognition 100 SASB Index 108 Sustainability Issuance Report 2021

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