# Extra-Financial Report
##### Rating ESG	
Environmental, Social, and Governance (ESG) Rating, Sustainalytics' ratings for credit issuers. This is a rating from 0 to 100, the highest rating being 100.
In addition, within each sector, issuers are divided into five quintiles:
« Leader », « Outperformer », « Average Performer », « Underperformer » and « Laggard ». We typically use this rating for the sectoral aspect that serves our management process.

###### UNICREDIT SPA	3.7	83.6	 	

###### ENEL FINANCE INTERNATIONAL NV	4.6	83.2

###### ALLIANZ SE	2.1	82.5

###### ING GROEP NV	0.4	82.1

###### HENKEL AG & CO KGAA	0.8	82.1
AQUARIUS & INVESTMENTS PLC FOR ZURICH INSURANCE CO
4.1	81.2

###### LINDE PLC	0.6	80.6
In % of AuM (source Sustainalytics)
| Weigh	ESG WORST ISSUERS	Rating Distributio |
| --- |
| BERKSHIRE HATHAWAY INC | 0.9 | 45.4 |
| KUTXABANK SA | 2.8 | 57.2 |
| WELLS FARGO & CO | 3.4 | 60.7 |
| EUROFINS SCIENTIFIC SE | 0.8 | 62.0 |
| AMERICAN TOWER CORP | 1.7 | 64.1 |
| AUTOROUTES DU SUD DE LA FRANCE SA | 0.8 | 65.2 |
| KONINKLIJKE AHOLD DELHAIZE NV | 3.2 | 65.9 |
| AIR LIQUIDE FINANCE SA | 0.8 | 68.2 |
| NESTLE FINANCE INTERNATIONAL LTD | 1.7 | 68.6 |
| CREDIT SUISSE GROUP AG | 2.7 | 69.6 |

| ESG RATING BY CREDIT) | ESG Portfolio Rating | ESG Rating Index |
| --- | --- | --- |
| Environment | 80.3 | 76.7 |
| Social | 77.2 | 73.6 |
| Governance | 75.1 | 74.5 |
| Global score | 75.4 | 73.9 |
| Coverage rate | 100% | 99% |

In % of AuM (source Sustainalytics) Issuers underperformer or laggard

##### PILLAR (ON THE
- Holdings weighted rebased rate	
- 
- Benchmark Sustainalytics scale from "best" to at least "good" : Leader, Outperformer, Average Performer,Underperformer, Laggard


## Ostrum Euro Crédit
PORTFOLIO ANALYSIS AS OF 30/09/2022

Translation (ENIT, 2022-10-31):
# Rapporti extra-finanziari
##### Rating ESG	
- Rating ESG, notazioni di Sustainalytics per gli emittenti di obbligazioni. Si tratta di un rating che va da 0 a 100 (il rating migliore è pari a 100).
Inoltre, all’interno di ogni settore, gli emittenti sono ripartiti in cinque quintili :
« Leader », « Outperformer », « Average Performer », « Underperformer » e « Laggard ».
Adottiamo questo rating per il credito in quanto l’aspetto settoriale è utile per il nostro processo di gestione.
UNICREDIT SPA	3,7	83,6	
ENEL FINANCE INTERNATIONAL NV	4,6	83,2
ALLIANZ SE	2,1	82,5
ING GROEP NV	0,4	82,1
HENKEL AG & CO KGAA	0,8	82,1
AQUARIUS & INVESTMENTS PLC FOR ZURICH INSURANCE CO
4,1	81,2
LINDE PLC	0,6	80,6

###### in % del patrimonio netto (source Sustainalytics)
| 10 ULTIMI TRASMETTITORI | Peso | Assegnazi rating ESG |
| --- | --- | --- |
| BERKSHIRE HATHAWAY INC | 0,9 | 45,4 |
| KUTXABANK SA | 2,8 | 57,2 |
| WELLS FARGO & CO | 3,4 | 60,7 |
| EUROFINS SCIENTIFIC SE | 0,8 | 62,0 |
| AMERICAN TOWER CORP | 1,7 | 64,1 |
| AUTOROUTES DU SUD DE LA FRANCE SA | 0,8 | 65,2 |
| KONINKLIJKE AHOLD DELHAIZE NV | 3,2 | 65,9 |
| AIR LIQUIDE FINANCE SA | 0,8 | 68,2 |
| NESTLE FINANCE INTERNATIONAL LTD | 1,7 | 68,6 |
| CREDIT SUISSE GROUP AG | 2,7 | 69,6 |

| NOTA ESG PER PILASTRO (PER IL CREDITO) | Valutazione ESG del portafoglio | Valutazione ESG dell’indice |
| --- | --- | --- |
| Ambiente | 80,3 | 76,7 |
| Sociale | 77,2 | 73,6 |
| governance | 75,1 | 74,5 |
| Punteggio Totale | 75,4 | 73,9 |
| Tasso di copertura | 100% | 99% |


###### in % del patrimonio netto (source Sustainalytics) Trasmettitori Underperformer o Laggard

##### QUANTO RIGUARDA
- Ponderazione tassi ribasata	
- 
- BenchmarkScala di Sustainalytics da "migliore" ad almeno "buono" : Leader, Outperformer, Average Performer,Underperformer, Laggard


## Ostrum Euro Crédit
ANALISI DEL PORTAFOGLIO AL 30/09/2022