# ESG Characteristics
|  | ESG Benchmark | ESG Integration | Engagement | Exclusion Criteria | Proxy Voting |
| --- | --- | --- | --- | --- | --- |
| Applied criteria |  |  |  |  |  |

| Top 10 positions - ESG Characteristics Instrument Name | Weight | GICS sector | ESG rating | Controversy flag |
| --- | --- | --- | --- | --- |
| ASML HOLDING NV | 10.60% | Technology | AAA | Green |
| TOTALENERGIES | 4.89% | Oil & Gas | A | Yellow |
| SAP | 4.53% | Technology | AAA | Yellow |
| LOREAL SA | 3.81% | Personal & Household Goods | AAA | Yellow |
| ALLIANZ | 3.55% | Insurance | AAA | Yellow |
| SCHNEIDER ELECTRIC | 3.23% | Industrial Goods & Services | AAA | Yellow |
| LAIR LIQUIDE SOCIETE ANONYME POUR | 3.02% | Chemicals | A | Yellow |
| IBERDROLA SA | 2.54% | Utilities | AAA | Orange |
| BNP PARIBAS SA | 2.53% | Banks | AA | Yellow |
| BASF N | 2.33% | Chemicals | A | Orange |

| ESG overview |  |
| --- | --- |
| ESG Portfolio against traditional benchmark |
|  | Portfolio | Benchmark |
| Overall ESG quality rating | AAA | AAA |
| Overall ESG quality score | 9.95 | 9.02 |
| ESG score environment | 7.02 | 6.71 |
| ESG score social | 6.45 | 5.65 |
| ESG score governance | 5.76 | 5.36 |
| Coverage for MSCI Rating/Scoring | 99.58% | 99.68% |
| Weighted Average MSCI Carbon Intensity (Tons of CO2e/$M sales) | 144.72 | 147.61 |
|  |  |  |
| Asset breakdown - by ESG rating In % of total economic exposure (ESG Portfolio against traditional benchmark) |  |  |

|  | Portfolio | Benchmark | Relative |  |
| --- | --- | --- | --- | --- |
| AAA | 58.49 | 30.16 | 28.34 |
| AA | 23.78 | 26.01 | -2.23 |  |
| A | 17.34 | 31.43 | -14.09 |  |
| BBB | 0.13 | 5.79 | -5.66 |  |
|  |  |  |  |  |
| BB | 0.25 | 4.94 | -4.69 |  |
|  |  |  |  |  |
| B | 0.00 | 1.34 | -1.34 |  |
| Others | -0.01 | 0.32 | -0.33 |  |

Portfolio 
Benchmark 

Translation (ENFR, 2022-02-28):
# Caractéristiques ESG
## Indice de référence Intégration de critères

## Engagement Critères d’exclusion Vote par procuration

## ESG	ESG

## Critères appliqués					
| 10 premières positions - Caractéristiques ESG Nom de l’instrument	Pondération | Secteur GICS | Notation ESG | Indice de controverse |
| --- | --- | --- | --- |
| ASML HOLDING NV | 10.60% | Technologie | AAA | Vert |
| TOTALENERGIES | 4.89% | Pétrole et gaz | A | Jaune |
| SAP | 4.53% | Technologie | AAA | Jaune |
| LOREAL SA | 3.81% | Biens de ménages | AAA | Jaune |
| ALLIANZ | 3.55% | Assurance | AAA | Jaune |
| SCHNEIDER ELECTRIC | 3.23% Industrie | d'aliments et boissons | AAA | Jaune |
| LAIR LIQUIDE SOCIETE ANONYME POUR | 3.02% | Industrie chimique | A | Jaune |
| IBERDROLA SA | 2.54% | Approvisionnement | AAA | Orange |
|  |  | eau/gaz/électricité |  |  |  |
| BNP PARIBAS SA | 2.53% | Banques |  | AA | Jaune |
| BASF N | 2.33% | Industrie chimique |  | A | Orange |
|  |  |  |  |  |  |
| Vue d’ensemble des critères ESG |  |  |  |  |  |
| Portefeuille ESG contre indice de référence traditionnel |  |  |  |  |  |
|  |  |  | Portefeuille |  | Indice de référence |
| Overall ESG quality rating |  |  | AAA |  | AAA |
| Overall ESG quality score |  |  | 9.95 |  | 9.02 |
| Environnement |  |  | 7.02 |  | 6.71 |
| Social |  |  | 6.45 |  | 5.65 |
| Gouvernance |  |  | 5.76 |  | 5.36 |
| Coverage for MSCI Rating/Scoring |  |  | 99.58% |  | 99.68% |
| Moyenne pondérée MSCI intensité carbone (tonnes d’ém. CO2 / mio.$ de C.A.) |  |  | 144.72 |  | 147.61 |
|  |  |  |  |  |  |
| Répartition des actifs - par rating ESG |  |  |  |  |  |
| En % de l’exposition économique totale (Portefeuille ESG contre indice de référence traditionnel) |  |  |  |  |
| Portefeuille	Indice de | Relatif |  |  |  | Portefeuille  Indice de référence  |