# 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 |
| --- | --- | --- | --- | --- |
| PROLOGIS REIT INC | 6.37% | Real Estate | A | Green |
| EQUITY RESIDENTIAL REIT | 3.83% | Real Estate | BBB | Green |
| VENTAS REIT INC | 3.65% | Real Estate | AA | Green |
| AVALONBAY COMMUNITIES REIT INC | 3.46% | Real Estate | BBB | Yellow |
| PUBLIC STORAGE REIT | 3.12% | Real Estate | BB | Green |
| DIGITAL REALTY TRUST REIT INC | 3.06% | Real Estate | A | Green |
| EQUINIX REIT INC | 2.50% | Real Estate | AA | Green |
| SIMON PROPERTY GROUP REIT INC | 2.50% | Real Estate | BB | Green |
| VONOVIA | 1.86% | Real Estate | A | Green |
| ESSEX PROPERTY TRUST REIT INC | 1.65% | Real Estate | BB | Green |

| ESG overview |  |
| --- | --- |
| ESG Portfolio against traditional benchmark |
|  | Portfolio | Benchmark |
| Overall ESG quality rating | A | A |
| Overall ESG quality score | 6.21 | 5.77 |
| ESG score environment | 6.08 | 5.82 |
| ESG score social | 4.94 | 4.76 |
| ESG score governance | 5.53 | 5.58 |
| Coverage for MSCI Rating/Scoring | 99.39% | 99.26% |
| Weighted Average MSCI Carbon Intensity (Tons of CO2e/$M sales) | 94.76 | 93.32 |
|  |  |  |
| Asset breakdown - by ESG rating In % of total economic exposure (ESG Portfolio against traditional benchmark) |  |  |

Benchmark 

## Portfolio	Benchmark	Relative	
Portfolio 
| AAA | 5.14 | 5.21 | -0.08 |  |
| --- | --- | --- | --- | --- |
| AA | 13.43 | 12.34 | 1.08 |  |
| A | 30.00 | 27.95 | 2.05 |  |
| BBB | 24.10 | 19.36 | 4.74 |  |
| BB | 20.73 | 23.91 | -3.19 |  |
| B | 5.38 | 9.20 | -3.82 |  |  |
|  |
| CCC | 0.79 | 1.28 | -0.50 |  |
| Others | 0.44 | 0.74 | -0.30 |  |
|  |

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 |
| --- | --- | --- | --- | --- |
| PROLOGIS REIT INC | 6.37% | Immobilienanlagen | A | Grün |
| EQUITY RESIDENTIAL REIT | 3.83% | Immobilienanlagen | BBB | Grün |
| VENTAS REIT INC | 3.65% | Immobilienanlagen | AA | Grün |
| AVALONBAY COMMUNITIES REIT INC | 3.46% | Immobilienanlagen | BBB | Gelb |
| PUBLIC STORAGE REIT | 3.12% | Immobilienanlagen | BB | Grün |
| DIGITAL REALTY TRUST REIT INC | 3.06% | Immobilienanlagen | A | Grün |
| EQUINIX REIT INC | 2.50% | Immobilienanlagen | AA | Grün |
| SIMON PROPERTY GROUP REIT INC | 2.50% | Immobilienanlagen | BB | Grün |
| VONOVIA | 1.86% | Immobilienanlagen | A | Grün |
| ESSEX PROPERTY TRUST REIT INC | 1.65% | Immobilienanlagen | BB | Grün |

| ESG-Übersicht |  |
| --- | --- |
| ESG-Portfolio im Vergleich zum traditionellen Benchmark |
|  | Portfolio | Benchmark |
| Overall ESG quality rating | A | A |
| Overall ESG quality score | 6.21 | 5.77 |
| Environment (Umwelt) | 6.08 | 5.82 |
| Social (Soziales) | 4.94 | 4.76 |
| Governance | 5.53 | 5.58 |
| Coverage MSCI Rating/Scoring | 99.39% | 99.26% |
| Gewichtete durchschnittliche MSCI Kohlenstoffintensität (Tonnen CO2e / USD Mio. Umsatz) | 94.76 | 93.32 |
|  |  |  |
| Vermögensstruktur - nach ESG Rating in % des gesamten ökonomischen Exposure (ESG-Portfolio im Vergleich zum traditionellen Benchmark) |  |  |

Benchmark 

## Portfolio	Benchmark	Relativ	
Portfolio 
| AAA | 5.14 | 5.21 | -0.08 |  |
| --- | --- | --- | --- | --- |
| AA | 13.43 | 12.34 | 1.08 |  |
| A | 30.00 | 27.95 | 2.05 |  |
| BBB | 24.10 | 19.36 | 4.74 |  |
| BB | 20.73 | 23.91 | -3.19 |  |
| B | 5.38 | 9.20 | -3.82 |  |  |
|  |
| CCC | 0.79 | 1.28 | -0.50 |  |
| Rest | 0.44 | 0.74 | -0.30 |  |
|  |