# 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 |
| --- | --- | --- | --- | --- |
| ALLIANZ | 7.50% | Insurance | AAA | Yellow |
| SIEMENS N AG | 6.60% | Industrial Goods & Services | AA | Orange |
| LINDE PLC | 6.59% | Chemicals | A | Yellow |
| SAP | 6.19% | Technology | AAA | Yellow |
| MERCEDES-BENZ GROUP N AG | 5.57% | Automobiles & Parts | A | Orange |
| DEUTSCHE TELEKOM N AG | 5.23% | Telecommunications | BBB | Orange |
| BASF N | 5.15% | Chemicals | A | Orange |
| BAYER AG | 4.79% | Health Care | BB | Red |
| DEUTSCHE POST AG | 4.14% | Industrial Goods & Services | A | Green |
| INFINEON TECHNOLOGIES AG | 3.81% | Technology | AA | Green |
|  |  |  |  |  |
| ESG overview ESG Portfolio against traditional benchmark |  |  | Portfolio | Benchmark |
| Overall ESG quality rating |  |  | AA | AA |
| Overall ESG quality score |  |  | 7.99 | 7.23 |
| ESG score environment |  |  | 6.42 | 6.33 |
| ESG score social |  |  | 5.61 | 5.52 |
| ESG score governance |  |  | 5.26 | 5.11 |
| Coverage for MSCI Rating/Scoring |  |  | 99.95% | 100.00% |
| Weighted Average MSCI Carbon Intensity (Tons of CO2e/$M sales) |  |  | 175.54 | 285.83 |
|  |  |  |  |  |
| Asset breakdown - by ESG rating |  |  |  |  |
| In % of total economic exposure (ESG Portfolio against traditional benchmark) |  |  |  |  |

Benchmark 

## Portfolio	Benchmark	Relative	
Portfolio 
| AAA | 22.87 | 22.33 | 0.54 |  |
| --- | --- | --- | --- | --- |
| AA | 23.58 | 20.71 | 2.87 |  |
| A | 35.47 | 35.18 | 0.29 |  |
| BBB | 10.40 | 7.65 | 2.74 |  |
| BB | 6.32 | 10.48 | -4.17 |  |
| B | 1.32 | 3.64 | -2.33 |  |  |
|  |
| Others | 0.05 | n/a | 0.05 |  |

Translation (ENDE, 2022-02-28):
# ESG-Merkmale
## ESG Benchmark	ESG Integration	Engagement  Ausschlusskriterien Stimmrechtsvertretung

## Angewendete Kriterien					
| Top-10-Positionen - ESG-Merkmale Wertschriften Name | Gewicht. | GICS-Sektor | ESG-Rating | Warnung zu kontroversen |
| --- | --- | --- | --- | --- |
| ALLIANZ | 7.50% | Versicherungen | AAA | Gelb |
| SIEMENS N AG | 6.60% | Industrielle Güter & |  | AA |  | Orange |
|  |  | Dienstleistungen |  |  |
| LINDE PLC | 6.59% | Chemische Industrie | A | Gelb |
| SAP | 6.19% | Technologie | AAA | Gelb |
| MERCEDES-BENZ GROUP N AG | 5.57% | Automobilindustrie & -teile | A | Orange |
| DEUTSCHE TELEKOM N AG | 5.23% | Telekommunikation | BBB | Orange |
| BASF N | 5.15% | Chemische Industrie | A | Orange |
| BAYER AG | 4.79% | Gesundheitswesen | BB | Rot |


## DEUTSCHE POST AG	4.14%	Industrielle Güter &

## Dienstleistungen

## A	Grün

## INFINEON TECHNOLOGIES AG	3.81%	Technologie	AA	Grün
| ESG-Übersicht |  |
| --- | --- |
| ESG-Portfolio im Vergleich zum traditionellen Benchmark |
|  | Portfolio | Benchmark |
| Overall ESG quality rating | AA | AA |
| Overall ESG quality score | 7.99 | 7.23 |
| Environment (Umwelt) | 6.42 | 6.33 |
| Social (Soziales) | 5.61 | 5.52 |
| Governance | 5.26 | 5.11 |
| Coverage MSCI Rating/Scoring | 99.95% | 100.00% |
| Gewichtete durchschnittliche MSCI Kohlenstoffintensität (Tonnen CO2e / USD Mio. Umsatz) | 175.54 | 285.83 |
|  |  |  |
| Vermögensstruktur - nach ESG Rating in % des gesamten ökonomischen Exposure (ESG-Portfolio im Vergleich zum traditionellen Benchmark) |  |  |

Benchmark 

## Portfolio	Benchmark	Relativ	
Portfolio 
| AAA | 22.87 | 22.33 | 0.54 |  |
| --- | --- | --- | --- | --- |
| AA | 23.58 | 20.71 | 2.87 |  |
| A | 35.47 | 35.18 | 0.29 |  |
| BBB | 10.40 | 7.65 | 2.74 |  |
| BB | 6.32 | 10.48 | -4.17 |  |
| B | 1.32 | 3.64 | -2.33 |  |  |
|  |
| Rest | 0.05 | n.a. | 0.05 |  |