This fund promotes environmental and social characteristics related to climate, governance and social norms as well as sovereign matters through the avoidance of (1) issuers exposed to excessive climate and transition risks, (2) issuers exposed to highest severity of norm issues (i.e. as regards compliance with international standards of corporate governance, human rights and labour rights, customer and environment safety and business ethics), (3) sovereign issuers with high or excessive controversies regarding political and civil liberties, (4) issuers moderately, highly or excessively exposed to controversial sectors and controversial activities, and/or (5) issuers involved in controversial weapons. This fund further promotes a minimum proportion of sustainable investments with a positive contribution to one or several of the United Nations Sustainable Development Goals (UN SDGs).
This fund has not designated a reference benchmark for the purpose of attaining the environmental
and/or social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The attainment of the promoted environmental and social characteristics as well as the sustainable investment is assessed via the application of a proprietary ESG assessment methodology as further described in section “What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?”. The methodology applies a variety of assessment categories that are used as sustainability indicators to assess the attainment of the promoted environmental and social characteristics, which are as follows:
- DWS Climate and Transition Risk Assessment is used as indicator for an issuer’s exposure to climate and transition risks
- DWS Norm Assessment is used as indicator for an issuer’s exposure to norm-related issues
- DWS Sovereign Assessment is used as indicator for a sovereign issuer’s extent of controversies regarding governance, such as political and civil liberties
- Exposure to controversial sectors is used as indicator for an issuer’s involvement in controversial sectors and controversial activities
- Involvement in controversial weapons is used as indicator for an issuer’s involvement in controversial weapons
- Sustainability Investment Assessment is used as indicator to measure the proportion of sustainable investmentsWhat are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?

Translation (ENDE, 2023-01-01):
This fund promotes environmental and social characteristics related to climate, governance and social norms as well as sovereign matters through the avoidance of (1) issuers exposed to excessive climate and transition risks, (2) issuers exposed to highest severity of norm issues (i.e. as regards compliance with international standards of corporate governance, human rights and labour rights, customer and environment safety and business ethics), (3) sovereign issuers with high or excessive controversies regarding political and civil liberties, (4) issuers moderately, highly or excessively exposed to controversial sectors and controversial activities, and/or (5) issuers involved in controversial weapons. This fund further promotes a minimum proportion of sustainable investments with a positive contribution to one or several of the United Nations Sustainable Development Goals (UN SDGs).
This fund has not designated a reference benchmark for the purpose of attaining the environmental
and/or social characteristics promoted.
What sustainability indicators are used to measure the attainment of each of the environmental or social characteristics promoted by this financial product?
Sustainability indicators measure how the environmental or social characteristics promoted by the financial product are attained.
The attainment of the promoted environmental and social characteristics as well as the sustainable investment is assessed via the application of a proprietary ESG assessment methodology as further described in section “What are the binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product?”. The methodology applies a variety of assessment categories that are used as sustainability indicators to assess the attainment of the promoted environmental and social characteristics, which are as follows:
- DWS Climate and Transition Risk Assessment is used as indicator for an issuer’s exposure to climate and transition risks
- DWS Norm Assessment is used as indicator for an issuer’s exposure to norm-related issues
- DWS Sovereign Assessment is used as indicator for a sovereign issuer’s extent of controversies regarding governance, such as political and civil liberties
- Exposure to controversial sectors is used as indicator for an issuer’s involvement in controversial sectors and controversial activities
- Involvement in controversial weapons is used as indicator for an issuer’s involvement in controversial weapons
- Sustainability Investment Assessment is used as indicator to measure the proportion of sustainable investmentsWhat are the objectives of the sustainable investments that the financial product partially intends to make and how does the sustainable investment contribute to such objectives?