Results

Qontigo GmbH

06/07/2023 | News release | Distributed by Public on 06/07/2023 05:57

Telefonica Deutschland, Qiagen, Hugo Boss among companies joining DAX ESG indices

Qontigo has announced the results of the June regular review to the composition of the DAX® 50 ESG, DAX® 50 ESG+, DAX® ESG Target, DAX® ESG Screened, MDAX® ESG+ and MDAX® ESG Screened indices, as well as of the benchmark DAX®. The actions listed below will be effective as of June 19 this year.

DAX 50 ESG

Additions:
Telefonica Deutschland
Qiagen

Deletions:
Aroundtown
Lufthansa

DAX 50 ESG+

Additions:
Bechtle
SMA Solar Technologies
Dr. Ing. H.C.F. Porsche

Deletions:
Daimler Truck
Fraport
Vonovia

DAX ESG Target

Addition:
Hugo Boss

Deletion:
Scout24

DAX ESG Screened

Addition:
Dr. Ing. H.C.F. Porsche AG

Deletion:
None

MDAX ESG+

Additions:
Duerr
SMA Solar Technologies
Software
Krones
K+S
Evotec

Deletions:
United Internet
RTL Group
Siltronic
Aroundtown

MDAX ESG Screened

Additions:
Krones
Evotec
SMA Solar Technologies
Shop Apotheke Europe
Software

Deletions:
Siltronic
Adtran Holdings
United Internet
Aroundtown

DAX

Addition:
None

Deletion:
None

The DAX 50 ESG combines negative screening and best-in-class ESG integration, and was developed as a broad-market ESG benchmark with a larger composition than that of the flagship DAX.1 The DAX ESG Target follows an optimized weighting methodology whose objective is to improve the portfolio's ESG score and decrease its carbon footprint relative to the benchmark, while limiting the tracking error.

The objective of the DAX ESG Screened index is to reflect the performance of the DAX after removing companies that fail screenings for global norms, controversial weapons, product involvement and a minimum ESG rating.

The DAX 50 ESG+ reflects the performance of the 50 highest ESG-ranked German companies after using sustainability exclusion filters.2

The MDAX ESG indices follow similar methodologies as the DAX ESG indices, while tracking mid-cap companies.

The next regular review of the DAX ESG indices will take place on Sept. 6, 2023.

1,2 Selection universe for these indices is the HDAX®.