As one of the largest global wealth managers, we have a responsibility to take a leading role in shaping a positive future. It is our goal to be the financial provider of choice for clients who wish to mobilize capital toward the achievement of specific environmental or social outcomes. We have touchpoints to the SDGs across our entire firm. By the end of 2019, we had directed USD 3.9 billion of client assets into impact investments tied to the SDGs. Our goal is to reach USD 5 billion in commitments by the end of 2021.
On climate action, our Asset Management division, for example, has a climate engagement strategy that seeks to monitor and influence the corporate conduct of the companies we invest in. In a little over a year, we were able to help nudge almost 50 of the biggest energy-consuming and fossil-fuel-exhausting companies into adopting more stringent corporate policies and practices on climate change.