
UOBAM believes companies that incorporate Sustainability/ESG factors/frameworks are more resilient, more focused on their long-term business viability and hence are more likely to remain competitive in the long-term. Accordingly, SSS will invest in bonds issued by companies that are successful in incorporating Sustainability/ESG factors/frameworks, are competitive, well managed and offer attractive growth prospects over a multi-year investment horizon.
The SSS is the First Singapore Focused ESG Fixed Income Fund to provide profit, purpose and payout. Creating an opportunity to invest and benefit in Singapore.
ESG measurement
Every new issue is assessed using UOBAM’s methodology that combines ESG data, artificial intelligence-machine learning (AI-ML) models and UOBAM’s independent analysis. The sustainability dashboard helps our clients understand the sustainability performance of SSS as well as the sustainability profile from investments made into the underlying bonds that are mapped to the three core investment themes.
The portfolio has an ESG Rating of “B” with a score of 6.9 out of 10, which is higher than its comparable benchmark, the JP Morgan ESG Asia Credit Investment Grade Bond Index.

Source: UOBAM, 31 December 2022
Scale of the Portfolio ESG score is from 0 (minimum) to 10 (maximum). Portfolio ESG rating is based on UOBAM's methodology
Index: JP Morgan ESG Asia Credit Investment Grade Bond Index
Preparing for Climate Change

Source: UOBAM, 31 December 2022
Index: JP Morgan ESG Asia Credit Investment Grade Bond Index
For every million SGD of revenue generated by the Fund’s portfolio of companies, the portfolio constituents emit 120.34 tCO2e* less compared to Index, which is equivalent to 160,088 round trips from Central Business District to Changi Airport.
*tonnes (t) of carbon dioxide (CO2) equivalent
Absolute Carbon Emissions
Fund's estimated greenhouse gas emissions generated by companies and its operations, and from their direct suppliers
Weighted Average Carbon Intensity
Fund's exposure to carbon intensive companies based on sum of the weights of issuers multiplied by the companies’ carbon intensities
Carbon Reduction Target
Whether a company sets absolute or relative targets to reduce its carbon footprint (greenhouse gas emissions or emissions intensity) in managing its climate-related risks and opportunities
Green, Clean and Smart Singapore

Source: UOBAM, 31 December 2022
Index: JP Morgan ESG Asia Credit Investment Grade Bond Index
MWh: Megawatts hour ; m3 : cubic meter

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For every million SGD of revenue generated by the Fund’s portfolio of companies, the portfolio constituents uses 237MWh less compared to Index, which is equivalent to powering 719 three-room HDB flats for 1 month. |

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For every million SGD of revenue generated by the Fund’s portfolio of companies, the portfolio constituents consume 346.12m3 less compared to Index, which is equivalent to 524,424 L-sized bubble teas. |

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For every million SGD of revenue generated by the Fund’s portfolio of companies, the portfolio constituents generate 7.79 tonnes less compared to Index, which is equivalent to 5,193 1.5kg durians. |
Weighted Average Energy Intensity
Fund's exposure to energy intensive companies based on sum of the weights of issuers multiplied by the companies’ energy intensities
Weighted Average Water Intensity
Fund's exposure to water intensive businesses based on sum of the weights of issuers multiplied by the companies’ water intensities
Weighted Average Waste Intensity
Fund's exposure to businesses that are generating high volumes of waste or hazardous waste degrades the environment based on sum of the weights of issuers multiplied by the companies’ waste intensities
% of Companies with Green & Clean Tech Revenue
% of companies with revenue generated from green & clean technology or initiatives (e.g. Alternative Energy, High Energy Efficiency, Green Building, Pollution Prevention & Control, Sustainable Water)
Sustainable Production

Source: UOBAM, 31 December 2022
Index: JP Morgan ESG Asia Credit Investment Grade Bond Index
For every million SGD of revenue generated by the Fund’s portfolio of companies, the portfolio constituents generate S$3,314 of cost less compared to Index, which is equivalent to 879 packets of chicken rice.
Supply Chain Environmental Cost
A company's estimated total environmental external cost from its supply chain activities
Supply Chain Controversies
Number of controversies related to supply chain labour standards in which the company has been involved in the past three years