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RobecoSAM Corporate Sustainability Assessment & Dow Jones Sustainability Indices

March 17, 2016

Agenda

• Introduction to RobecoSAM & the Dow Jones Sustainability Indices

(Manjit Jus, Head of Sustainability Application & Operations)

• The DJSI process & the online assessment interface (Amara Goeree, Sustainability Operations Manager)

• Timeline, next steps & advice for a successful submission (Manjit Jus, Head of Sustainability Application & Operations)

• Q&A

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Introduction to RobecoSAM & the Dow Jones Sustainability Indices

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RobecoSAM at a Glance

• Investment boutique focused exclusively on Sustainability Investing since 1995

• In-depth corporate sustainability assessment including economic, environmental and social criteria with a strong focus on long-term shareholder value

• Since 1999 RobecoSAM and S&P Dow Jones Indices publish the Dow Jones Sustainability Indices

• Approximately 130 employees headquartered in Zurich, Switzerland

• Part of the Robeco Group, operating in 14 countries with 1,500 employees globally and €274 billion of assets under management

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Dow Jones Sustainability Indices (DJSI)

Overview

• Cooperation with S&P Dow Jones Indices for the publication and licensing of the DJSI.

• Launched in 1999, the DJSI were the first global indices tracking the financial performance of leading sustainability-driven companies worldwide.

• Integrated assessment of economic, environmental and social criteria with a strong focus on long-term shareholder value.

• Rules-based methodology and use of primary research.

• Focus on best-in-class companies. Yearly review of component selection and continuous monitoring of companies.

• Broad family of global, regional and country DJSI benchmarks.

• Assurance of the assessment process by Deloitte.

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DJSI: Most Recognized Sustainability Index

Which ratings and rankings are experts at least somewhat familiar with?

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71

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44

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Dow Jones Sustainability Index

Carbon Disclosure Project (CDP) Leadership Index

FTSE4Good Index Series

Fortune’s Most Admired Companies

Global 100 Most Sustainable Corporations in the World

Bloomberg Sustainability Reporting Initiative

CR Magazine's 100 Best Corporate Citizens List

World's Most Ethical Companies (Ethisphere)

Sustainalytics Company Profiles and Ratings

GoodGuide

Oekom Corporate Ratings

MSCI ESG Indices

Climate Counts

Vigeo Ratings

GS Sustain

ASSET4 ESG Ratings

Access to Medicines Index

Inrate Sustainability Assessment

6 Source: SustainAbility (2013) “Rate the Raters 2013 – Polling the Experts”

Increasing company participation since 1999

RobecoSAM CSA: Participation Trend

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1000

1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

Companies Participated

Source: RobecoSAM Corporate Sustainability Assessment 1999-2015

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Holistic Analysis: RobecoSAM’s Integrated Research Approach

Corporate Sustainability Assessment

Fundamental company analysis

and modeling

Investment decisions

Sustainability Foresight

& Insight

Industry and sector studies

Methodology development

Sustainability Analysis

• RobecoSAM Indices Cooperation with S&P Dow Jones Indices

• RobecoSAM Asset Management Theme Equity Strategies Core Equity Strategies Clean Tech Private Equity

• RobecoSAM Sustainability Services Company Benchmarking

• RobecoSAM Publications Industry Studies Sustainability Studies

• Robeco Responsible Investment Products

• 3rd Party Cooperation Research Cooperation

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Source: RobecoSAM

RobecoSAM Corporate Sustainability Assessment

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Source: RobecoSAM

RobecoSAM’s Unique Model: Company-Sourced Data

Data

Sustain-ability Services

Methodology

Feedback & Insight

Data Provided Directly by Companies

Corporate participation via the DJSI questionnaire

RobecoSAM SI Research Industry Expertise

Topic expertise

SIMS3 Database

Unique insights from companies are essential

High-quality and detailed information

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Source: RobecoSAM

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Continuous Methodology Development

RobecoSAM SI Research

Methodology Collaborations • CDP • London Benchmarking

Group • EcoVadis • GRESB • EDGE • Interbrand

Industry Expertise

Topic Expertise

Methodology Development

Company Feedback

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Benefits of Participation

• Benchmarking reports – overview of sustainability performance

• Reputation and brand – DJSI Member Logo

• Greater buy-in from management on importance of sustainability

• Shares of DJSI Members are recommended for sustainability investing

• Build-up of internal network

• Improvement on sustainability performance and reporting

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Responsibilities of RobecoSAM

Sustainability Methodology Development • Analysis of scoring results for improvements • Development of new criteria, modification of questions

Quality Control of Company Submissions

• Ensuring validity of company responses

• Validating supporting evidence • Verifying consistency of comments and public disclosures

Generation of Sustainability Scores • Scores generated from answers based on pre-defined rules and weightings • Validation of scoring results

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Responsibilities of S&P Dow Jones Indices

Index Calculation & Maintenance • Index components chosen based on pre-defined rules in the Index

Guidebooks • Selections based on Global Industry Classification System (GICS)

• Companies are compared within their respective industries to select best-in-class sustainability stocks

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Invitation and Eligibility

Who is eligible for the Dow Jones Sustainability Indices and is invited to participate in the RobecoSAM Corporate Sustainability Assessment?

• The 2,500 largest companies based on free-float market cap are invited for

DJSI World. The starting point for this is the S&P Global BMI.

• For the regional indices, the 600 largest companies in the S&P Global BMI

• For DJSI Emerging Markets, 800 largest companies from 23 emerging markets

• The free-float market cap is based on information as of end of December the year before

• Companies are assigned to RobecoSAM industries, based on the globally

recognized GICS classification system

• The full list of eligible companies can be found on www.sustainability-indices.com

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The DJSI process & the online assessment interface

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Registration & Confirmation of Participation

How do I get started and when will I be able to access the questionnaire and start filling it out?

• The official invitations were sent out on March 14

• On April 5, all invited companies will receive an email with instructions for

confirming their participation in the 2016 assessment:

• New companies: you will need to register and sign up for an account

• Returning companies: you only need to confirm your participation

• The 2016 questionnaire will only become available for editing once you have

confirmed your participation by clicking on the link in the email you will receive.

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Administrator vs. User Account

• The administrator account can be used only by one person and has additional privileges, including:

• Managing users and contact details • Pre-filling previous year answers for the full questionnaire

• Requesting deadline extensions • Approving final versions of questions • Submitting the questionnaire

• Accessing company reports, including the Benchmarking Scorecards

• The user account may be used by an unlimited amount of users, simultaneously contributing to the questionnaire.

• The username and password will be the same for all users • Users can work in parallel on the questionnaire, but not on the same question

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How to manage your account

19 Source: RobecoSAM

How to manage users

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How to work on your submission

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How to upload documents

22 Source: RobecoSAM

Warning messages

23 Source: RobecoSAM

Timeline, next steps & advice for a successful submission

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Key Dates 2016

April 5

Launch of the new questionnaires through the online assessment tool

September 8

Announcement of new index members

May 31

• Official deadline for submitting completed questionnaires

Feb/ March

• Information update with draft versions of key methodology changes

• Official invitations sent out to all eligible companies

• Webcasts on major methodology updates

Source: RobecoSAM 25

Announcement of Index Members

The new index members are publicly announced on September 8 • Members have the right to use membership logo – the usage guidelines are

included in the Approval Form

• Results are communicated through three main reports:

• Company Benchmarking Scorecard

• Media & Stakeholder Analysis (MSA) Report • Industry Overview

• The top performing companies in each of the 24 Industry Groups are highlighted through sustainability profiles on the website

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Example of Company Benchmarking Scorecard

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Tips for a successful submission

• If requested, provide supporting evidence that covers all answers that you have marked

• If specifically indicated, make sure your supporting evidence is publicly available

• Remember that the official language of the DJSI is English

• If you feel that a specific question is not applicable to your company’s business model, please provide a comment as to why

• Provide explanatory comments if needed, especially if answers or data have changed significantly from one year to another

• Be brief and to the point. Make sure that you provide the most relevant information for the question asked.

• Pay attention to warning messages in the system, which may point to incomparable data or typos that have been entered.

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Questions?

RobecoSAM DJSI Helpline index@robecosam.com +41 44 653 10 30

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