# Swisscanto (LU)
## Notes on the annual report (cont.) as at 31 March 2022

### Note 16: Classification according to SFDR Regulation (EU 2019/2088) (unaudited) (cont.)
- VenezuelaIn addition (other) states with:
- Low levels of democracy and freedom (classified as "not free" in the annual reports "Freedom in the World" by Freedom House Washington, DC)
- Use of the death penalty
- High military budgets (> 4% of GDP)
- Development of nuclear energy (total share > 50%)
- Non-ratification of the Paris Climate Agreement
- Non-ratification of the Convention on Biological Diversity (CBD)


### Good corporate governance:
Where investments have been made in companies, those that have complied with the principles of good management have been selected. To achieve this, the companies have been chosen on the basis of indicators provided by third parties.

### ESG integration:

### In all the investment decisions made by the asset manager in the management of the Sustainable sub-funds, ESG integration was part of the analysis and therefore also of the investment process.

### Reduction of CO2e intensity:

### The investment decisions made by the asset manager in 2021 with respect to the Sustainable sub-funds have led to a reduction in the portfolio's CO2e intensity.

### Contribution to meeting the SDG and taxonomy compliant assets:

### The SDGs and climate protection and adaptation to climate change have been taken into account as environmental objectives of the taxonomy when making plant-related decisions.
By applying the sustainable approach criteria, the asset manager also invested in economic activities that contribute to the achievement of these various environmental objectives. The proportion of investments contributing to the SDGs in the Swisscanto (LU) Equity Fund Sustainable Emerging Markets sub-fund was at least 70%, but on average 81%. The proportion of installations contributing to the taxonomy-compliant environmental targets was between 0-5%1.
The principle of "avoidance of significant impairments" applies only to investments underlying the sub-fund in which investment decisions take into account the SDGs and taxonomy-compliant environmental objectives. The investments underlying the remaining part of each sub-fund do not take into account these criteria for environmentally sustainable economic activities.

### Disclosures for sub-funds that have been managed in accordance with the responsible approach:
Classification according to funds that follow the Responsible approach and include the term "Responsible" in the name were actively managed by the asset manager of these sub-funds in line with Article 8 of 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability-related disclosure obligations in the financial services sector (hereinafter "SFDR").
Compliance with the requirements of Article 8 of the SFDR has been achieved in that the asset manager has applied the criteria of the Responsible approach in its investment decisions to 100% of the assets of the respective sub-fund, excluding cash and derivatives: (1) Exclusion criteria, (2) ESG integration, (3) Reduction of portfolio CO2e intensity.
1Due to missing data, a more precise determination of the proportion is not possible.

Translation (ENFR, 2022-03-31):
# Swisscanto (LU)
### Table des matières

#### Page
* Voir note 11