ESG Investing Report

Sustainable investing is entering a new era. We believe that global bond markets and fixed income investors will be a meaningful force in driving sustainable change. Read our latest views in our ESG Report.

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Featured PIMCO ESG Funds

Find sustainable fixed income strategies with PIMCO's range of ESG investing funds.

Our Industry-Leading Approach

Time tested: Our active ESG investment process takes the same rigorous approach applied to all PIMCO portfolios a step further by also pursuing sustainability objectives.

A+ PRI Ratings (2018, 2019, and 2020): PIMCO is committed to the integration of ESG factors in our investment process and we scored A+ across all Fixed Income categories in our Annual UNPRI Assessment Report.

PIMCO’s ESG Capabilities

We Aim to Be a Leader in ESG Fixed Income Investing

$576B

Sustainable Investment Assets under management

Over 80%

of holdings of corporate bond issuers engaged on ESG (in 2021)

A+

PRI Assessment Score (2018, 2019, and 2020) across all Fixed Income categories

Source: PIMCO. As of 3/31/2022

Sustainable Impact

By investing in PIMCO's Climate Bond Fund (Canada) as compared to the Bloomberg Global Aggregate Credit Index (CAD Hedged), your potential impact could be:

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11x

More green, social, and other impact bonds than the index

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67%

Reduction in carbon intensity compared to the index

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100%

Renewable energy-based utilities sector holdings

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86%

Engagement with corporate issuers in the Fund

PIMCO Climate Bond Fund (Canada) is being compared to the Bloomberg Global Aggregate Credit Index (CAD Hedged) as a well-known broad based bond index, to illustrate the Funds positive Environmental impact over a non-ESG broad market. The PIMCO Climate Bond Fund (Canada) is benched to Bloomberg MSCI Green Bond Index. The index may materially vary from the composition of the portfolio. It is not possible to invest directly in an unmanaged index.

Source: PIMCO. As of 9/30/2021

ESG Report and Policy Statement

Annual ESG Investing Report

Case studies of engagement with bond issuers, industry groups, and clients

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ESG Investment Policy Statement

PIMCO’s approach to considering material ESG factors in bond markets

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More Resources

ESG Bonds 101

An educational overview of the ESG Bond market including green, social, and sustainability-linked bonds

Explore Now

ESG Strategies Brochure (Canada)

An intro to ESG in bonds, our team’s approach, and the ESG strategies we offer

Download

Corporate Responsibility Report

Annual update on PIMCO’s progress in the critical areas of sustainability and corporate responsibility

Learn More

Guidance for Sustainable Bond Issuance

PIMCO’s ESG portfolio management team outlines best practices for issuers of green, social, sustainability or sustainability-linked bonds

Download

Disclosures

Toronto
PIMCO Canada Corp.
199 Bay Street, Suite 2050
Commerce Court Station
P.O. Box 363
Toronto, ON, M5L 1G2
416-368-3350

The products and services provided by PIMCO Canada Corp. may only be available in certain provinces or territories of Canada and only through dealers authorized for that purpose.

1 Results from PRI's 2021 reporting cycle. Reported as of December 2022. SOURCE: PIMCO, PRI.

PRI Assessment Reports are limited to signatories’ of the Principles for Responsible Investment (PRI), and consider a signatory’s responsible investment implementation across its overall investment process, among other factors. PRI Assessment scores are provided per module or asset class, with no overall organization score given. PIMCO’s scores reflect information and data reported by PIMCO to PRI in the 2021 reporting cycle (as of December 31, 2020). Please note that publication of the 2021 public transparency reports was delayed due to changes in PRI’s reporting and assessment process. PRI’s 2021 scoring methodology has changed to reflect the new Reporting Framework. Scores for the 2021 reporting cycle are not comparable to previous years. Prior to 2021, PRI assessments were awarded scores based on a scale from A+ to E, with A+ being highest score and E being the lowest. PRI Assessments awarded from 2021 onward are based on a scale of 1-5 Stars. 1 Star being the lowest score, 5 Stars being the highest. For 2021 Methodology and an overview of the PRI Reporting Framework, please refer to https://dwtyzx6upklss.cloudfront.net/Uploads/j/l/f/assessmentmethodology2021_302746.pdf. For additional information regarding how PRI assesses signatory reporting, please refer to https://www.unpri.org/reporting-and-assessment/how-investors-are-assessed-on-their-reporting/3066.article.

Median scores for modules are calculated as the 50th percentile module percentage score. The dataset and methodology of medians based on PRI signatories' scores can be referenced at https://ctp.unpri.org/dataportalv2/2021_AR_Medians.xlsx.

PIMCO’s 2021 PRI Transparency Report is available on PRI’s website at https://ctp.unpri.org/dataportalv2/transparency and includes PIMCO’s responses to all mandatory indicators, as well as responses to voluntary indicators that PIMCO has agreed to make public. PIMCO’s PRI Assessment Report is available upon request.

The PRI is an investor initiative in partnership with UNEP Finance Initiative and UN Global Compact.

2 The figure includes 1) Third party ESG AUM with (i) specified ESG-linked objectives (“ESG” portfolios); or (ii) a focus on a sustainability-related theme (“thematic portfolios”). 2) third party Socially Responsible AUM (negative screened portfolios), which consists of PIMCO-sponsored funds and separate accounts with more than one client-driven values-based exclusion (“socially responsible portfolios”); and 3) Allianz ESG and Socially Responsible AUM. Source: PIMCO. As of 12/31/2022

3 Calculated as % by par-adjusted Firm AUM. Corporate issuer is defined as a non-government legal entity that develops, registers and sells securities to finance its operations. The statistic relates solely to the in-depth engagement activities by PIMCO's ESG analysts.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

No offering is being made by this material. Interested investors should obtain a copy of the prospectus, which is available from your Financial Advisor.

All investments contain risk and may lose value. Investing in the bond market is subject to risks, including market, interest rate, issuer, credit, inflation risk, and liquidity risk. The value of most bonds and bond strategies are impacted by changes in interest rates. Bonds and bond strategies with longer durations tend to be more sensitive and volatile than those with shorter durations; bond prices generally fall as interest rates rise, and low interest rate environments increase this risk. Reductions in bond counterparty capacity may contribute to decreased market liquidity and increased price volatility. Bond investments may be worth more or less than the original cost when redeemed. Investing in foreign denominated and/or domiciled securities may involve heightened risk due to currency fluctuations, and economic and political risks, which may be enhanced in emerging markets. Mortgage and asset-backed securities may be sensitive to changes in interest rates, subject to early repayment risk, and their value may fluctuate in response to the market's perception of issuer creditworthiness; while generally supported by some form of government or private guarantee there is no assurance that private guarantors will meet their obligations. High-yield, lower-rated, securities involve greater risk than higher-rated securities; portfolios that invest in them may be subject to greater levels of credit and liquidity risk than portfolios that do not. Equities may decline in value due to both real and perceived general market, economic and industry conditions. Derivatives may involve certain costs and risks, such as liquidity, interest rate, market, credit, management and the risk that a position could not be closed when most advantageous. Investing in derivatives could lose more than the amount invested. Diversification does not ensure against loss.

The Funds offer different series, which are subject to different fees and expenses (which may affect performance), having different minimum investment requirements and are entitled to different services.

The products and services provided by PIMCO Canada Corp. may only be available in certain provinces or territories of Canada and only through dealers authorized for that purpose. PIMCO Canada has retained PIMCO LLC as sub-adviser. PIMCO Canada will remain responsible for any loss that arises out of the failure of its sub-adviser.

PIMCO Canada Corp, 199 Bay Street, Suite 2050, Commerce Court Station, P.O. Box 363, Toronto, ON, M5L 1G2, 416-368-3350

CMR2021-0915-1831014