This report serves as the 2022 edition of PIMCO's Sustainable Investing documentation. The aim is to detail PIMCO’s approach to sustainable investing, which incorporates environmental, social, and governance (ESG) factors into investment decision-making and portfolio construction. It outlines how PIMCO integrates these ESG factors across its research process and provides tailored sustainable investment solutions to meet client objectives. The report discusses PIMCO's engagement with corporate issuers regarding their sustainability strategies, highlighting the role of bondholders in influencing change. Additionally, it presents the firm’s commitment to sustainability, including partnerships and participation in global initiatives. Topics covered include human rights, human capital, natural capital, and carbon analytics, reflecting the evolving landscape of sustainable investment. The report indicates PIMCO's extensive engagement efforts and the significance of ESG factors in long-term investment value for clients. Overall, it documents PIMCO's leadership in managing investments responsibly while considering broader societal impacts.