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.

in-page

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 GIS Climate Bond Fund as compared to the Bloomberg Global Aggregate Credit Index (SGD Hedged), your potential impact could be:

commentary icon

15x*

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

commentary icon

59%*

Reduction in exposure to issuer CO2 emissions compared to the index

commentary icon

100%

Renewable energy-based utilities sector holdings

commentary icon

97%

Engagement with corporate issuers in the Fund (in 2021)

*PIMCO GIS Climate Bond Fund is being compared to the Bloomberg Global Aggregate Credit Index (SGD Hedged) as a well-known broad based bond index, to illustrate the Funds positive Environmental impact over a non-ESG broad market average. The PIMCO GIS Climate Bond Fund 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.

As of 31, January 2022. ESG statistics vary from time to time, and portfolio composition fluctuates daily.

*Amount by which GIS Climate Bond Fund exceeds non-ESG market average in reduction of carbon intensity.
The percentage or multiplier by which this fund’s exceeds a non-ESG market average. The non-ESG market average is calculated based on the Bloomberg Global Agg Credit Index, SGD Hedged. PIMCO GIS Climate Bond Fund is being compared to the Bloomberg Global Aggregate Credit Index (SGD Hedged) as a well-known broad based bond index, to illustrate the Funds positive Environmental impact over a non-ESG broad market. The PIMCO GIS Climate Bond Fund 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.

ESG Report and Policy Statement

Annual ESG Investing Report

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

Download

ESG Investment Policy Statement

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

Download
More Resources

ESG Bonds 101

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

Explore Now

Disclosures

Singapore
PIMCO Asia Pte Ltd
8 Marina View, #30-01 Asia Square Tower 1 Singapore 018960
65-6491-8000
Registration No. 199804652K

PIMCO Asia Pte Ltd is regulated by the Monetary Authority of Singapore as a holder of a capital markets services license and an exempt financial adviser. The asset management services and investment products are not available to persons where provision of such services and products is unauthorised.

1 UNPRI assessment report limited to asset managers signed up to the Principles for Responsible Investment (PRI) and based on how well ESG metrics are incorporated into their investment processes. UNPRI Transparency Reports are available at https://stpublic.blob.core.windows.net/pri-ra/2020/Investor/Public-TR/(Merged)_Public_Transparency_Report_PIMCO_2020.pdf . Prior to 2021, PRI assessments were awarded scores based on A+ - E scale. A+ being highest score, while 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 methodology prior to 2021, please refer to: https://www.unpri.org/reporting-and-assessment/how-to-access-reported-data/3073.article#downloads. For 2021 Methodology, please refer to https://dwtyzx6upklss.cloudfront.net/Uploads/v/g/y/2021_assessmentmethodology_jan_2021_403875.pdf.

2 Sustainable Investment AUM includes third party and Allianz Socially Responsible AUM (negative screened portfolios), ESG AUM (portfolios with ESG objectives) and thematic AUM. $ referenced above is in USD.

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.

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.

Investment involves risk including possible loss of the principal amount invested. The Fund may use or invest in financial derivatives. PIMCO Funds: Global Investors Series plc is an umbrella type open-ended investment company with variable capital and is incorporated with limited liability under the laws of Ireland with registered number 276928. PIMCO Funds: Global Investors Series plc has appointed PIMCO Asia Pte Ltd as the Singapore Representative. Investors should consider the investment objectives, risks, charges and expenses of the funds carefully before investing. This and other information is contained in the Fund’s Singapore Prospectus which is available and can be obtained from our website www.pimco.com.sg or by contacting the Singapore Representative or a distributor of the Fund. Prospective investors should read the Fund's Singapore Prospectus before deciding whether to subscribe for or purchase shares in any of the Funds. Investors may also wish to seek advice from a financial adviser before making a commitment to invest and in the event you choose not to seek advice, you should consider whether the investment is suitable for you. The value of shares of the Fund and the income accruing to them, if any, may fall or rise. The Funds typically offer different share classes, which are subject to different fees and expenses (which may affect performance), have different minimum investment requirements and are entitled to different services. Unless otherwise stated in the prospectus, the Fund referenced in this material is not managed against a particular benchmark or index, and any reference to a particular benchmark or index in this material is made solely for risk or performance comparison purposes.

This material contains the current opinions of the manager and such opinions are subject to change without notice. This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product.  Statements concerning financial market trends are based on current market conditions, which will fluctuate. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission. PIMCO is a trademark of Allianz Asset Management of America L.P. in the United States and throughout the world. ©2022, PIMCO.

CMR 2022-0204-2024903