MFS Net Zero Progress Report

At MFS, our objective is to create long-term value for our clients by allocating capital responsibly. The way we do this is by actively identifying companies and securities we believe will generate strong investment performance for our clients over time. In our view, ESG integration, engagement and active ownership support this goal.

In July 2021, MFS joined the Net Zero Asset Managers initiative (NZAM), a voluntary collective of 301 international investment managers with $59 trillion in assets under management.¹ As a signatory of NZAM, MFS supports the goal of achieving net zero carbon emissions by 2050 or sooner in line with global efforts to limit warming to 1.5° Celsius. In our view, climate change is a systemic investment risk that cannot be diversified away. Future investment returns are likely to be impacted by climate change, the policies designed to combat it and consumer or other shifts that occur because of society’s increased focus on the topic.

¹ NZAM assets under management figures are as of 31st December 2022. Source -www.netzeroassetmanagers.org.