盡職治理大獎

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支柱能力1：承諾
Pillar 1: ESG Commitment

1. 貴公司是以下永續計劃的簽署人/會員嗎？

Are you a Signatory/Member of the following sustainable programs?

是的 (Yes)

不，我們不是任何其他類似倡議的簽署方，但我們正在申請成為負責任投資倡議的簽署方 (No, we are not a signatory of any other similar initiatives, but we are in the process of applying to be a signatory of a responsible investing initiative/s)

不，我們不是任何其他類似倡議的簽署方，但我們計劃在未來12個月至少簽署一項負責任投資倡議 (No, we are not a signatory of any other similar initiatives, but we plan to be a signatory to at least one responsible investing initiative within the next 12 months)

不，我們沒有計劃在不久的將來簽署任何負責任的投資計劃 (No, we have no plans to become a signatory of any responsible investing initiatives in the near future)

其他回答（請說明） (Other responses (please specify))

已選：是的 - 請選擇相關永續計劃

Selected: Yes - Please select relevant sustainable programs.

聯合國永續發展目標 (United Nations Sustainable Development Goals (UN SDG))

聯合國責任投資原則 (Principle Responsible Investment (PRI))

聯合國全球契約 (United Nations Global Compact (UNGC))

碳排放披露計劃 (Carbon Disclosure Project (CDP) )

聯合國環境金融倡議 (United Nations Environment Programme Finance Initiative (UNEP FI) )

氣候相關財務披露工作組 (Task Force on Climate-Related Financial Disclosures (TCFD))

全球報告倡議組織 (Global Reporting Initiative (GRI))

永續會計準則委員會 (Sustainability Accounting Standards Board (SASB))

國際整合性報導委員會 (International Integrated Reporting Council (IIRC))

其他回答（請說明）

Please specify.

2. 貴公司目前使用哪個ESG框架作為基準和/或報告？

Which ESG materiality framework are you currently using for benchmarking and/or using for reporting?

全球報告倡議組織 (The Global Reporting Initiative (GRI))

永續會計準則委員會 (The Sustainability Accounting Standards Board (SASB))

國際整合性報導委員會 (International Integrated Reporting Council (IIRC) )

勞動力信息披露倡議 (The Workforce Disclosure Initiative (WDI) ...)

氣候相關財務披露工作組 (The Task Force on Climate-Related Financial Disclosures (TCFD))

氣候變遷報告架構 (The Climate Disclosure Standards Board (CDSB) SASB)

永續財務披露規範 (EU Sustainable Finance Disclosure Regulation (SFDR))

聯合國永續發展目標 (SDG indicators)

我們當地監管機構的指導方針 (My local regulators' guideline)

其他 (Others)

其他回答（請說明）

Please specify.

3. 在確定 ESG 因素[v] [vi] 的重要性時，該策略是否考慮了以下因素：

When determining the materiality of ESG factors[v] [vi], does the strategy consider the following factors:

對投資產品目標或實現目標的可能性的影響程度 (The extent to which the materiality issue influences the objectives of the investment product or the likelihood of achieving them)

對投資領域的規模和特徵的影響程度 (The extent to which the materiality issue affects the size and characteristics of the investment universe)

對投資決策或投資過程的影響程度 (The extent to which the materiality issue affects investment decisions or the investment process)

對盡職治理活動的影響程度 (The extent to which the materiality issue affects stewardship activities)

吸引與現有投資者的需求偏好不同的潛在投資者的可能性 (The likelihood that the materiality issue would attract prospective investors with needs and preferences that differ from those of current investors)

是否觸發當地監管要求，如提交新文件，向監管機構更新現有文件，或向現有投資者提供新的或更新的披露信息 (Whether the materiality issue triggers a local regulatory requirement, such as filing new documents, updating existing documents with a regulator, or providing new or updated disclosures to current investors)

ESG因素影響的是某一家公司，而不是整個市場 (ESG factors affect a specific company and not the market as a whole )

影響整個行業或地區的風險，包括公司所涉及的業務活動和/或其採購或銷售的市場相關的監管和技術變化 (Sector/geographic risk affecting an entire industry or region, including regulatory and technological changes associated with the business activity the company is involved in, and/or to the markets it sources or sells to)

間接風險敞口，如資源稀缺導致貨幣政策收緊，流動性差可能導致投資損失 (Indirect exposure such as resource scarcity prompting a tightening monetary policy, poor liquidity could drive investment losses )

目前沒有考慮ESG重要性因素 (ESG Materiality factors are not currently considered)

如有附加說明，限250字以內

Additional Remarks, if any (maximum 200 words)

4. 在重要性框架中，貴公司還考慮了哪些其他重要因素？如何將每個行業/國家所有關鍵ESG風險和機遇包括在內？

What other factors does the firm consider material in the materiality framework, and how do you include all the key ESG risks and opportunities for each sector/country?

5. 公司層面的負責任投資政策：我們製定了明確的負責任投資政策來管理我們組織的盡職治理政策[iv]

Firm-level Responsible Investment Policy: Our firm has a clear responsible investment policy set out to govern our organization's stewardship policy [iv]:

主要的盡職治理目標 (Key stewardship objectives)

ESG 因素及其參與的問題和目標的優先排序 (Prioritization approach of ESG factors and their link to engagement issues and targets)

基於組織（例如，公司或政府）的優先排序方法 (Prioritization approach depending on entity (e.g., company or government))

應對氣候相關風險和機遇的具體方法 (A specific approach to climate-related risks and opportunities)

整個組織的盡職治理工具使用情況，包括超出範圍的工具以及不同工具的使用時間和使用方式以及由誰使用（例如，專家團隊、投資團隊、服務提供商、外部投資經理或類似人員） (Stewardship tool usage across the organization, including tools that are out of scope and when and how different tools are used and by whom (e.g., specialist teams, investment teams, service providers, external investment managers, or similar))

特定內部團隊（例如，專家團隊、投資團隊或類似團隊）的盡職治理工具使用 (Stewardship tool usage for specific internal teams (e.g., specialist teams, investment teams, or similar) )

特定外部團隊（例如，服務提供商、外部投資經理或類似人員）的盡職治理工具使用 (Stewardship tool usage for specific external teams (e.g., service providers, external investment managers, or similar))

盡職治理合作的方法 (Approach to collaboration on stewardship)

升級策略 (Escalation strategies)

利益衝突 (Conflicts of interest)

關於如何實施盡職治理政策以及哪些要素是強制性的，包括如何以及何時可否決該政策的詳細信息 (Details on how the stewardship policy is implemented and which elements are mandatory, including how and when the policy can be overruled)

如何在整個組織內傳達盡職治理工作和結果以供投資決策提供依據，反之亦然 (How stewardship efforts and results should be communicated across the organization to feed into investment decision-making and vice versa)

我們的盡職治理政策沒有包含上述任何要素 (None of the above elements are captured in our stewardship policy)

如有附加說明，限250字以內

Additional Remarks, if any (maximum 200 words)

6. 負責任投資政策披露 [iv]：說明貴公司哪些負責任投資政策是公開的，並提供連結：

Responsible Investment Policy Disclosure [iv]: Indicate which of your responsible investment policy elements are publicly available and provide links:

負責任投資的整體方法 (The overall approach to responsible investment)

關於環境因素的指導 (Guidelines on environmental factors)

關於社會因素的指導 (Guidelines on social factors)

關於治理因素的指導 (Guidelines on governance factors)

盡職治理的方法 (Approach to stewardship)

實現永續性成果的方法 (Approach to sustainability outcomes)

排除非負責任的方法 (Approach to exclusions)

描述如何實施 ESG 納入特定資產類別的方法指南 (Asset class-specific guidelines that describe how ESG incorporation is implemented)

負責任投資的定義及其與我們的受託責任的關係 (Definition of responsible investment and how it relates to our fiduciary duty)

負責任投資的定義及其與我們的投資目標的關係 (Definition of responsible investment and how it relates to our investment objectives)

負責任投資治理結構 (Responsible investment governance structure)

與負責任投資相關的內部報告和驗證 (Internal reporting and verification related to responsible investment)

與負責任投資相關的外部報告 (External reporting related to responsible investment)

管理與負責任投資相關的利益衝突 (Managing conflicts of interest related to responsible investment)

此處未列出的其他負責任投資方面 (Other responsible investment aspects not listed here)

我們的負責任投資政策不公開 (Our responsible investment policy elements are not publicly available)

如有附加說明，限250字以內

Additional Remarks, if any (maximum 200 words)

7a. ESG所有權 – 公司層面：誰是最終推動公司負責任投資策略的人？請選擇最接近的答案：

ESG Ownership – Firm-wide: Who is the ultimate person driving responsible investing strategies for the firm? Please select the closest answer:

投資長 (The CIO)

投資委員會 (The investment committee)

行政總裁 (The CEO)

投資分析師 (Investment Analysts)

董事會成員 (Board Members)

風險長 (The Chief Risk Officer)

財務長、運營長 (The CFO, COO)

由投資組合經理組成的小組 (A collective group of Portfolio Managers)

由ESG專家組成的團隊 (A collective team of ESG specialists)

沒有個人、團隊或團體負有最終責任 (No person or team, or group is ultimately responsible)

我們不知道答案 (We do not know the answer)

7b. ESG所有權 – 策略層面：誰是最終推動基金策略負責任投資的人？

ESG Ownership – Strategy-wide: Who is the ultimate person driving responsible investing strategies for individual Fund/Strategy? Please select the closest answer:

投資長 (The CIO)

投資委員會 (The investment committe)

行政總裁 (The CEO)

投資分析師 (Investment Analysts)

董事會成員 (Board Members)

風險長 (The Chief Risk Officer)

財務長、運營長 (The CFO, COO)

負責對應策略的首席投資組合經理 (The lead portfolio manager/s of the respective strategy)

並未直接管理策略的投資組合經理 (Portfolio managers not directly managing the respective strategy)

直接支持該策略研究的分析師 (Research analysts directly supporting the respective strategy)

並未直接支持該策略研究的分析師 (Research analysts not supporting the respective strategy)

整個投資團隊 (The entire investment team)

投資委員會 (The investment committee)

非上述人士或團體 (An individual or group other than the above)

沒有個人、團隊或團體負有最終責任 (No person or team, or group is ultimately responsible)

我們不知道答案 (We do not know the answer)

如有附加說明，限250字以內

Additional Remarks, if any (maximum 250 words)

8. 貴公司的盡職治理政策覆蓋了管理資產的多少百分比？
What percentage of your assets under management does your stewardship policy cover?
資產管理規範覆蓋：
AUM coverage:

(A) 上市股票

Listed equity

Please enter a number from 0 to 100.

(B) 固定收益

Fixed income

Please enter a number from 0 to 100.

Private equity

Please enter a number from 0 to 100.

(D) 房地產

Real estate

Please enter a number from 0 to 100.

(E) 基礎設施

Infrastructure

Please enter a number from 0 to 100.

(F) 對沖基金

Hedge funds

Please enter a number from 0 to 100.

支柱能力2：盡職治理及參與
Pillar 2: Stewardship & Engagement

1. 公司層面對積極參與/盡職治理的承諾。請選擇描述您的管理方法的陳述[i] 可選擇多個適用項：

Firm-level Commitment to active engagement/stewardship. Please select the statement(s) that describe your approach to stewardship[i]. You may choose more than one statement where applicable:

我們有一個清晰、明確、公開可用的政策/框架來負責任地投資我們所有的策略，包括非 ESG、非 SRI 策略 (We have a clearly articulated, explicit, publicly available policy/framework on investing responsibly across ALL our strategies, including non-ESG, non-SRI strategies)

我們還沒有明確明確的盡職治理政策/框架/原則，但我們正努力在未來 12 個月內完成 (We do NOT yet have an explicit, clearly spelled out stewardship policy/framework/principle, but we are in the process of finalizing one within the next 12 months)

我們沒有明確的盡職治理政策/框架——也沒有相關計劃——但我們盡可能負責任地投資於我們所有的戰略，包括非 ESG、非 SRI 戰略 (We do NOT have an explicit stewardship policy/framework -- and do NOT have plans for one -- but we invest responsibly whenever possible across ALL our strategies, including non-ESG, non-SRI strategies )

我們只負責任地投資於我們的 ESG、SRI 和/或可持續策略。我們不會對其他策略進行負責任的投資 (We invest responsibly ONLY in our ESG, SRI, and/or sustainable strategies. We do not practice responsible investing in other strategies )

我們簽署了一項或多項盡職治理原則，但我們目前沒有在我們公司製定盡職治理政策/框架的具體計劃 (We are signatories to one or more stewardship principles, but we have no concrete plans to institute a stewardship policy/framework at our firm at the moment)

我們不是盡職治理原則/守則的簽署方；我們沒有盡職治理政策，但我們渴望在未來 1-2 年內朝這個方向邁進 (We are not signatories to stewardship principles/codes; we have no stewardship policies, but we are keen to move in that direction within the next 1-2 years)

我們認為盡職治理不適合我們的商業模式，我們已經向相關監管機構和/或投資者解釋了原因 (We think stewardship is NOT suitable for our business model, and we have explained why to the relevant regulatory authorities and/or investors)

目前我們認為盡職治理對我們公司並不重要，我們認為沒有必要解釋原因 (We do NOT think stewardship is important to our firm at this time, and we do not feel it's necessary to explain why)

我們公司沒有盡職治理相關職位 (Our firm does NOT have a position on stewardship)

如有附加說明，限250字以內

Additional remarks, if any (maximum 250 words)

2. 盡職治理行為：已代表投資者開展了盡職治理的行為 [iv]，這些行為包括：

Stewardship Activity: Engagement activities [iv] for equity investees have been undertaken on behalf of investors to put stewardship into effect. These activities include:

參加股東大會 (Participation in a shareholder meeting)

對管理層或股東決議投票，投棄權票或拒絕投票 (Casting, abstaining, or withholding a vote on a management or shareholder resolution, on management or shareholder resolution)

提交股東決議 (Filing a shareholder resolution)

與被投資公司的業務關係的開始、延續、修改或終止 (Commencement, continuation, modification, or discontinuation of an engagement with an investee company)

履行契約 (Enforcement of covenants)

行使認股權證或嵌入式期權 (Exercise of warrants or embedded options)

證券借貸 (Lending of securities)

擔任被投資公司董事會成員，負責被投資公司的招聘、解聘和指導管理層。 (Taking a seat on the board of directors of an investee company, hiring, firing, and directing the management of an investee company)

維護和改善不動產和實物資產 (Maintenance and improvement of real estate and physical assets)

倡導強有力的環境、社會或治理實踐 (Advocating for strong environmental, social, or governance practices)

對影響或可能影響投資產品的公共政策或建議，表明立場支持或反對 (Stating a position or advocating for or against public policies or proposals that affect, or may affect, the investment product)

如有附加說明，限250字以內

Additional remarks, if any (maximum 250 words)

3. 盡職治理範圍 – 監督：我們對被投資對象/潛在被投資對象的監督範圍包括以下內容：

Stewardship Monitoring scope: Our stewardship for investees/potential investees monitoring scopes include the following:

關於環境重大問題 (On material[ii] environmental issues)

關於碳足跡和氣候風險披露 (On carbon footprint and exposures to climate risk)

關於社會重大問題 (On material[ii] social issues)

關於治理重大問題 (On material[ii] governance issues)

關於企業文化和薪酬 (On corporate culture and remuneration)

關於資本結構 (On capital structure)

關於戰略 (On strategy)

整體重大風險 (On overall material risks)

關於透明度 (On transparency)

我們目前不監控上述任何一項，但我們有具體計劃[iii]在未來12個月內開始至少監控上述部分 (We do not currently monitor any of the above, BUT we have concrete[iii] plans to begin monitoring at least some of the above within the next 12 months)

我們沒有做上述任何內容，也並沒有具體計劃[iii]去做 (Do not do any of the above and have no concrete[iii] plans to do so)

如有附加說明，限250字以內

Additional remarks, if any (maximum 250 words)

4. 代理投票：在產品層面，我們有透明的代理投票[iv]政策，這是該特定投資策略所獨有的

Proxy Voting: At the product level, we have transparent proxy voting [iv] policies that are unique to this particular investment strategy:

是 (Yes)

我們沒有進行投票 (We do not vote)

我們不能/不願意透露我們的投票實踐 (We cannot/prefer not to divulge our voting practices)

已選：是

Selected: Yes

我們披露投資組合經理對投資產品進行代理投票，而被投資方的參與則在組織層面處理 (We disclose that the portfolio managers undertake proxy voting for the investment product while investee engagements are handled at the organizational level)

公司的代理投票委員會完全自主決定投票決議 (The firm's Proxy Voting Committee purely determines voting decisions)

公司的代理投票委員會結合策略團隊和第三方代理顧問的意見來決定投票決議 (The firm's Proxy Voting Committee determines voting decisions in conjunction with input from the strategy teams and a third-party proxy advisor)

所有代理投票都記錄並存儲在我們的內部代理投票和參與系統中 (All proxy votes are recorded and stored in our internal proxy voting and engagement system)

在投票反對管理層時，通常會根據以下問題確定優先級： (When voting against management, the following issues are typically prioritized based on:)

我們可能會在某個問題上投票反對管理層，並且當代理投票委員會在某個問題上投票反對管理層時： (We may vote against management on an issue, and when the Proxy Voting Committee has voted against management on an issue:)

已選：在投票反對管理層時，通常會根據以下問題確定優先級：

Selected: When voting against management, the following issues are typically prioritized based on:

對公司財務表現的潛在影響 (Their potential to affect a company's financial performance)

董事會獨立性 (Board independence)

問責 (Accountability)

股東權利 (Shareholder rights)

透明度 (Transparency)

ESG報告 (ESG reporting)

工作場所健康和安全問題 (Workplace health and safety issues)

可能增加監管罰款或風險的環境資源管理問題 (Environmental resource management issues that may increase the likelihood of regulatory fines or risks)

已選：我們可能會在某個問題上投票反對管理層，並且當代理投票委員會在某個問題上投票反對管理層時：

Selected: We may vote against management on an issue, and when the Proxy Voting Committee has voted against management on an issue:

參與團隊發起參與工作，與管理層討論具體的問題 (The engagement team initiates an engagement effort to discuss our specific concerns with management )

我們與公司合作以鼓勵最佳治理實踐，包括那些與重大 ESG 信息報告相關的治理實踐 (We engage with companies to encourage best governance practices, including those related to reporting on material ESG information)

我們會啟動參與工作，並在我們的代理投票和參與系統中創建文件，其中包括公司名稱、確定的具體問題、目標結果和初始書面溝通的副本 (An engagement effort will be initiated, and a file is created in our proxy voting and engagement system that includes the company name, the specific issue identified, the targeted outcome, and a copy of the initial written communication)

根據建議的跟進時間設置自動提醒，用定期於審查每一個參與工作 (An automatic alert for review of each individual engagement effort is put in place based on the recommended follow-up time frame)

參與團隊持續跟踪和審查參與工作和進展 (Engagement efforts and progress are tracked and reviewed on an ongoing basis by the engagement team)

我們的參與政策，建議持續進行參與 (Continued engagement efforts are recommended per our engagement policy)

與公司管理層的任何會議記錄或所有書面溝通摘要都記錄並保存在中央內部數據庫中 (All written communications and summaries of any meetings with company management are documented and maintained in the centralized internal database)

參與團隊每季度向投資組合經理提供更新，並根據需要與他們會面 (The engagement team provides quarterly updates to portfolio managers and meets with them as needed)

如有附加說明，限250字以內

Additional remarks, if any (maximum 250 words)

5. 投票披露：請選擇描述貴公司與投票相關的行為說明，可選擇多個適用項

Voting Disclosure: Please select the statements that describe your firm's practices related to voting. You may select more than one statement:

所有投資者（從散戶到機構資產所有者）都可以獲得我們關於投票的信息，他們無需提出要求，即可在我們的網站或其他線上電子位置紀錄查閱。 (Our disclosure on voting is available to ALL investors, from retail to institutional asset owners, without them having to make a request, i.e., the disclosure is on our website or another electronically accessible venue)

我們的投票僅對機構投資資產所有者，包括家族辦公室開放。他們無需提出要求，即他們可以通過電子方式訪問披露 (Our disclosure on voting is available ONLY to institutional asset owners, including family offices, without them having to make a request, i.e., the disclosure is electronically accessible to them )

我們僅在投資者要求披露時才披露我們的投票和理由 (We disclose our votes and rationale ONLY if an investor asks for disclosure)

在我們的披露中，我們以簡單易懂的語言解釋每一次投票背後的理由 (In our disclosures, we explain in plain, clear, unambiguous language the rationale behind every vote)

在我們的披露中，我們解釋了每一次投票背後的理由，但我們不會嘗試用直白，明確的語言來表達。 (In our disclosures, we explain the rationale behind every vote, BUT we do not make an effort to present it in plain language, clear, unambiguous language)

我們目前沒有披露我們的投票和理由，但我們有在未來12個月內這樣做的具體計劃 (We do not currently disclose our votes and rationale, but we have concrete plans to do so within the next 12 months)

我們沒有披露，也沒有計劃披露我們的投票 (We do not disclose and have no plans to disclose our voting)

我們沒有進行投票 (We do not vote)

我們不能/不願意透露我們的投票實踐 (We cannot/prefer not to divulge our voting practices)

如有附加說明，限250字以內

Additional remarks, if any (maximum 250 words)

6. 參與承諾：已代表投資者針對固定收益發行人製定了參與政策 [v]，以降低風險並提高回報。這些活動包括：

Engagement Commitment: Engagement policies [v] for fixed income issuers have been undertaken on behalf of investors to mitigate risks and enhance returns. These activities include:

我們相信債券持有人參與監管是有效的，訂立了參與策略並將其嵌入在投資流程中 (We believe in effective bondholder engagement, and we have developed an engagement strategy and have embedded engagement in the investment process)

我們擁有專門的參與團隊，或整合 ESG 專家和固定收益專家一起合作 (Having a dedicated engagement team or integrated with ESG specialists and fixed income specialists working alongside)

根據持股規模和持續時間、信用度、透明度、ESG 風險和機會的重要性，以及主題和問題等我們確定優先參與的盡職監管活動 (Prioritize engagement activity based on size and duration of holdings, credit quality, degree of transparency, the materiality of ESG risks and opportunities, and priority themes and issues, among other things)

無論債務是公開發行或私募，在整個發行週期內利用債券持有人的影響力參與發行商活動，以影響發行商應對 ESG 風險或創造價值機會 (Using the bondholder's influence to engage with issuers throughout the issuance lifecycle, whether the debt is publicly issued or privately placed, to influence how an issuer addresses specific ESG risks or value creation opportunities)

我們會與其他債券持有人協作活動，例如向公司簽署聯合信函、向即將到來的股東決議要求支援、加入投資者與公司合作的機會、接觸監管機構、政策制訂者、信用評級機構等。 (We collaborate with other bondholders on collaborative initiatives such as signing joint letters to companies, requesting support on upcoming shareholder resolutions, opportunities to join investor-company engagements, engaging regulators, policymakers, credit rating agencies, etc.)

作為債券持有人，我們在資本結構狀況中的地位有限。我們對公司沒有影響力和訪問權 (As bondholders, we have limited rights about our position in the capital structure. We do not have influence over and access to companies)

我們沒有針對此策略的參與政策，並且我們在未來 12 個月內沒有此類計劃 (We don't have an engagement policy for this strategy, and we have no such plans within the next 12 months)

我們了解我們在債券持有人參與方面的權利和義務，我們正在製定未來 12 個月內實施的政策 (We are aware of our bondholders' rights and duties on bondholder engagement, and we are in the process of setting up a policy for implementation within the next 12 months)

如有附加說明，限250字以內

Additional remarks, if any (maximum 250 words)

7. 參與優先級[v]：我們的固定收益參與活動優先級基於以下一項或多項標準：

Engagement Priorities[v]: Our engagement activity priorities for fixed income are based on one or more of the following criteria:

我們盡量與優先關注的公司進行對話，以管理更多中／長期的問題，基於他們對潛在重大 ESG 問題和大趨勢的分析 (We seek dialogue with priority companies to manage more medium/long-term issues based on their analysis of potentially material ESG issues and megatrends)

我們會主動與公司對話，以應對正在對造成財務及／或信譽造成風險的信用降級、爭議或醜聞 (We initiate dialogue with companies in reaction to a recent downgrade, controversy or scandal which is presenting a financial and/or reputational risk)

我們優先考慮最重要的持股，因為它們對投資組合的表現構成最大的潛在風險 (We prioritize the most significant holdings as they pose the greatest potential risk to portfolio performance)

我們優先考慮資產負債靈活性較低的發行人（例如高收益發行人），因為他們通常無法吸收因重大 ESG 風險而導致業務意外惡化的情況 (We prioritize issuers with less balance sheet flexibility (such as high-yield issuers) as they are typically less able to absorb an unexpected deterioration in their businesses due to material ESG risks)

我們會著重於指定時間範圍內最容易受到選定 ESG 因素影響的債務工具類型；例如，減少排放監管目標對於三年期和十年期的債券的影響是不一樣的 (We focus on debt instrument types that are most exposed to selected ESG factors over a given timeframe; for instance, emissions-reducing regulatory targets will likely not impact three- and ten-year bonds in the same way)

我們會著重於 ESG 透明度質量，在缺乏全方位且可比較的披露方法的情況下，提升發債人對於如何管理或規劃管理 ESG 風險和價值創造機會的理解 (We focus on the quality of transparency of ESG, improving understanding of how an issuer is managing or plans to manage, ESG risks and value creation opportunities in the absence of comprehensive and comparable issuer disclosure)

我們會參與對特定市場及／或部門最重要的 ESG 問題，並且我們的討論是關於那些可能影響公司財務狀況或營運績效的永續發展趨勢及其不確定性的問題 (We engage over ESG issues that are most material for the specific market and/or sector, and our engagement discussions are on sustainability-related trends and uncertainties that are likely to affect the financial condition or operating performance of a company)

我們專注於代表發行人和行業中具有最高風險價值或潛在影響的主題，例如低碳轉型、水風險、勞工實踐、網路安全、反貪腐以及公司稅收透明度 (We focus on those topics representing the highest value at risk or potential impact across issuers and sectors, such as low-carbon transition, water risks, labor practices, cybersecurity, anti-bribery and corruption, and corporate tax transparency)

我們分享最佳實踐並幫助發行人確定他們可以參考的最佳實踐，並與落後的同業公司進行交流 (We share best practices and help issuers identify best practices they can refer to and communicate with peer companies that are lagging behind)

我們並未接觸上述任何發債人，但我們有具體的計劃在未來 12 個月內至少開始監控上述某些事項 (We do not engage with our issuers on any of the above, BUT we have concrete plans to begin monitoring at least some of the above within the next 12 months)

我們沒有做上述任何事情，也沒有具體的計劃去做 (Do not do any of the above and have no concrete plans to do so)

8. 請詳細說明基金經理的著重關注領域；它們包括但不限於董事會治理和薪酬結構、所有權和控制權、環境保全，僅舉幾個可能的問題。請描述最印象深刻的導致投資/撤資決策結果的參與活動

Please elaborate on the fund manager's areas of material concern; they include but are not limited to board governance and pay structure, ownership and control, environmental integrity, just to name a few possible issues. Please describe a showstopper during an engagement activity that resulted in an outcome of investment/divestment decisions?

9. 請描述您為了觸發公司回應的升級策略，以應對參與和溝通長期未能達到預期結果情況。參與失敗後可能的後續步驟包括：

Please describe your escalation strategy to trigger corporate reaction resulting from a dialogue that does not bring the desired outcome after a certain period. Possible next steps after an unsuccessful engagement can include:

與董事會溝通，與其他投資者合作 (Communicating with the board, collaborating with other investors)

與其他投資者合作增加對公司的壓力 (Collaborating with other investors to increase pressure on the company)

發表公開聲明並組織媒體宣傳活動 (Issuing a public statement and organizing a media campaign)

提交有關 ESG 問題的股東決議 (Submitting shareholder resolutions concerning the ESG issues of concern)

投票反對負責參與議題的連任董事 (Voting against the re-election directors who are responsible for the topic of engagement)

投票反對董事會或年度財務報告 (Voting against the board of directors or the annual financial report)

向董事會提交一項或多項提名以供選舉 (Submitting one or more nominations for election to the board )

尋求法律支援或仲裁 (Seeking legal remedies or arbitration)

威脅減少持有或撤資 (Threatening to reduce exposure or divest)

以上策略以外的其他策略 (Other strategies more than the above)

Please explain the other strategies.

10. 參與團隊：設立了專門的參與團隊[iv] 管理特定公司和參與問題，其中包括下方的計畫：

Engagement/Stewardship Team: A dedicated engagement team [iv] is set up to flag specific companies and issues for engagement which includes the undertakings below:

所有書面溝通和會議記錄，包括參與的目標結果，會記錄在參與管理系統 (All written communications and meeting records, including targeted outcomes of the Engagement, are logged in the engagement management system)

參與為改善公司的環境和社會資源管理，減少與環境和社會相關的風險 (Engagement is undertaken with the intent to improve a company's environmental and social resource management and to reduce risks related to environmental and social practices or activities)

參與活動包括面對面和虛擬會議、書面溝通及電子郵件 (Engagement activities include in-person and virtual meetings, written correspondence, and emails)

參與活動可與公司董事會、執行管理層或投資者關係進行，可以獨立進行，或是透過基金參與服務提供商與其他投資者合作 (Engagement may occur with a company's board of directors, executive management, or investor relations and may be conducted independently or in collaboration with other investors through the fund's engagement service provider)

基金的參與團隊每季都會根據目標結果審核每項參與工作的進展，並視乎需要確定後續步驟 (The Fund's Engagement Team reviews progress toward each engagement effort quarterly against the targeted outcomes and determines next steps as needed)

尋求會議反饋，並將其用於改善後續參與 (Seek feedback on the quality of the meeting and use it to improve subsequent engagements.)

以透明的評估方法做為指導，與目標公司對話，並根據既定目標衡量取得的進展 (Use transparent evaluation methodologies to help guide dialogue with the target companies and measure progress made against set objectives)

與所有相關投資團隊成員接觸後，確保高效且有效地分享從中獲得的資訊 (Ensure the efficient and effective sharing of information gained from engagements with all relevant investment team members)

為參與結果設定目標，並在有時限的目標方面與公司取得一致意見 (Set targets for the outcomes of the Engagement and agree on time-bound goals with companies )

繼續與公司溝通，提供關於他們進展相對於投資者期望的反饋意見 (Continue communication with companies to provide feedback on their progress against investor expectations)

如有附加說明，限250字以內

Additional remarks, if any (maximum 250 words)

11. 參與頻率：在過去一年中，我們與被投資對象/潛在被投資對象就上述重大[ii]問題進行了接觸：請包括集體參與和單獨進行的參與。

Engagement frequency: Teamwide over the last 1 year, we have engaged with issuers/potential issuers on the material[ii] issues selected above: Please include both collective engagement and engagement conducted on your own.

平均每年一次 (Once a year on average)

平均每年兩次 (Twice a year on average)

平均每季一次 (Once a quarter on average)

平均每兩個月一次 (Once every two months on average)

平均每月一次 (Once a month on average)

平均每月一次以上 (More frequently than once a month on average)

我們目前沒有參與 (We currently have no engagement)

如有附加說明，限250字以內

Additional remarks, if any (maximum 250 words)

12. 參與披露：您是否向投資人披露了您的主要參與活動及其結果？

Engagement Disclosure: Do you disclose your key engagement activities, along with the outcomes, to investors?

是的，我們在關於盡職管理的專門報告中披露(電子方式或印刷品) (Yes, we disclose in a separate report devoted to stewardship (electronic or printed))

是的，我們將披露作為定期報告的一部分，如資料摘要和年度報告等 (Yes, we disclose as part of scheduled reporting, such as factsheets and annual reports, etc)

是的，我們在網站上向投資人披露了這些資訊 (Yes, we disclose on our website, which is accessible to investors)

是的，我們會披露，但只有在投資人要求時才會披露 (Yes, we disclose but only when investors request for it)

不，我們目前沒有披露，但我們在未來十二個月內有具體[iii]的計劃 (No, we do not currently disclose, but we have concrete[iii] plans within the next 12 months)

沒有，我們目前沒有披露，也沒有具體[iii]的計劃披露 (No, we do not currently disclose and have no concrete[iii] plans to disclose)

如有附加說明，限250字以內

Additional remarks, if any (maximum 250 words)