The second "What if" report by climate tech company Right° was published on Thursday. Right° compares company data with the goals of the Paris Climate Agreement. Right° sets the limit value at a global warming of 1.7 degrees by 2100.

None of the 34 DAX companies analyzed would be Paris-compatible if no further measures were taken to reduce emissions. However, according to the data, twelve companies have decoupled their value creation from climate-damaging emissions in recent years to such an extent that they are on a Paris-compatible path.

And five of these companies also have a Paris-compatible climate target.

For companies, doing business in line with Paris means decoupling their value creation from climate-damaging emissions.

According to the "What if" report, the climate pioneers RWE $RWESiemens Healthineers $SHL (+0,86 %)Adidas $ADS (-0,77 %)Deutsche Börse $DB1 (-1,39 %) and Porsche, which was relegated from the DAX $P911 (-1,28 %). Both the climate targets and the track record of these companies are on a Paris-compatible path.

However, there are clear differences between the DAX companies in terms of their track record. Many are a long way off the targets of the Paris Climate Agreement.

Source text (excerpt) & graphic: Handelsblatt, 31.10.25

$KDP (-0,13 %)
$7751 (+3,66 %)
$NXPI (-1,59 %)
$WM (+1,84 %)
$CDNS (-0,82 %)
$BN (-0,51 %)
$SOFI (-1,86 %)
$UNH (-3,05 %)
$AMT (+1,83 %)
$UPS (-0,52 %)
$BNP (-0,46 %)
$NVS (-0,44 %)
$DB1 (-1,39 %)
$MSCI (-1,34 %)
$ENPH (-0,56 %)
$BKNG (-0,84 %)
$LOGN (-0,37 %)
$V (-1,55 %)
$MDLZ (-0,1 %)
$PYPL (-3,78 %)
$000660
$MBG (-0,69 %)
$BAS (-1,58 %)
$UBSG (-0,18 %)
$SAN (-1,49 %)
$CVS (-1,53 %)
$OTLY (+2,7 %)
$GSK (-2,21 %)
$ETSY (-2,45 %)
$CAT (-0,58 %)
$KHC (-0,24 %)
$ADYEN (-0,38 %)
$ADS (-0,77 %)
$AIR (-1,99 %)
$SBUX (-1,91 %)
$CMG (+1,2 %)
$META (-0,01 %)
$KLAC (-1,3 %)
$MELI (+0,96 %)
$WOLF (-3,79 %)
$GOOGL (+0,86 %)
$EQIX (+0,12 %)
$MSFT (+1,48 %)
$CVNA (+0,09 %)
$EBAY (-0,85 %)
$005930
$6752 (+3,43 %)
$KOG (-0,77 %)
$VOW3 (-1,48 %)
$GLE (-1,27 %)
$LHA (-0,47 %)
$STLAM (-2 %)
$SPGI (-0,54 %)
$MA (-1,5 %)
$PUM (-3,4 %)
$AIXA (+0,77 %)
$FSLR (-1,72 %)
$AAPL (-0,11 %)
$REDDIT (-1,35 %)
$AMZN (-1,15 %)
$NET (-1,14 %)
$MSTR (-4,57 %)
$GDDY (-0,89 %)
$TWLO (+0,24 %)
$COIN (+0,38 %)
$066570
$CL (-0,35 %)
$ABBV (+0,1 %)
$XOM (+0,46 %)

Following the rebalancing of the S&P Quality Aristocrats last Friday, the following stocks were removed from or added to my two ETF indices (50% weighting):

New additions:

$QDEV (-0,17 %): $NOVN (-0,51 %) , $REL (-0,17 %) , $ITX (-1,25 %) , $LSEG (+0 %) , $DB1 (-1,39 %) and more

$QUS5 (-0,2 %): $BKNG (-0,84 %) , $MRK (+0,56 %) , $CRM (+1,53 %) , $UNP (+0,95 %) , $COR (-0,82 %) , $CAH (-0,21 %) and more

Kicked out of both indices and therefore according to S&P no longer Quality Aristocrats are among others: $BATS (-0,37 %) , $7974 (+0,91 %) , $HD (-1,22 %) , $LOW (-1,85 %) , $HLT (+0,04 %)

In addition, the allocation of all individual stocks in the indices was reduced again to max. 5 % was limited.

Thanks to the recent rally of $$HY9H (+3,83 %) my current top 10 weighting (ETFs+shares) is as follows:

3.48% Alphabet

3.04% SK Hynix

3.04% Broadcom

2.93% Meta

2.75% Microsoft

2.71% Apple

2.71% NVIDIA

2.55% Taiwan Semiconductor

2.13% Mastercard

2.08% Visa

New portfolio key figures:

P/E: 27.1 (<30) 🟢

Forward P/E: 21.1 (<25) 🟢

P/Β: 11.5 (<5) 🔴

EV/FCF: 28.7 (<25) 🟡

ROE: 42% (>15%) 🟢

ROIC: 19% (>15%) 🟡

EPS growth for the next 5 years: 15% (>7%) 🟢

Sales growth for the next 5 years: 9% (>5%) 🟡

My internal rate of return is currently 20.19%

👋 Introduction & background

Hey everyone!

I'm 33, married and dad to two small children (18 months and 2 months old). I've been working in the automotive industry since 2011 and in management consulting since 2019. ⚙️🚗💼

My wife is an engineer and also works in the automotive industry. 👩‍🔧🚗

I've been with getquin since 2022, but so far I've been reading along rather than actively posting. 👀

My wife is currently on parental leave and receives parental allowance. I will go on parental leave in Q2 2026 (also with parental allowance), then she will start working again. This means that only one of us will receive a full salary until the end of 2026 - but we'll still be sticking to our savings and investment quota. 👶💶

💰 Current status:

A good mid-six-figure amount has already been saved in our custody accounts. 📈

👶 Children & investments

For each child, we invested €10,000 in the Vanguard FTSE All World ($VWRL) (+0,09 %) invested. In addition, each child receives €150 per month in the same ETF - via junior custody accounts at ING. 📊

💍 My wife's investments

She invests monthly:

- 🌎 500 € in the MSCI World ($XDWL) (+0,11 %)

- 💸 500 € in the Vanguard FTSE All World High Dividend ($VHYL) (-0,07 %)

📈 My investment strategy

Long-term, diversified and with a focus on cash flow & wealth accumulation.

🔹Core portfolio (ETF & Bitcoin)

€1,000 flows in every month:

- 💵 €600 in SPDR S&P 500 ($SPY5) (+0,1 %)

- 🌍 €200 in Vaneck Morningstar Developed Markets Dividend Leaders ($TDIV) (-0,73 %)

- ₿ 200 € in Bitcoin ($BTC) (+0,45 %)

🔹 Individual share savings plans (€25/ €600 each)

Target per company: €10,000 investment amount.

Currently participating:

$DB1 (-1,39 %) , $UNP (+0,95 %), $RACE (-0,33 %) , $MRK (+0,56 %) , $MUV2 (-1,85 %) , $DGE (-0,97 %) , $DE (+2,17 %) , $TXN (-2,25 %) , $AWK (+1,11 %) , $ADP (-0,18 %) , $PLD (-1,22 %) , $HEN (-1,65 %) , $ITW (-0,43 %) , $UNH (-3,05 %) , $LLY (+0,47 %) , $BEI (-0,28 %) , $MCD (+0,09 %) , $DTE (+0,07 %) , $WMT (-0,09 %) , $COST (-0,25 %) , $WM (+1,84 %) , $JPM (-1,7 %) , $BLK (-0,8 %) , $SY1 (-1,91 %)

🔹 Cash reserve

💰 Set aside at least €1,000 every month to be able to strike flexibly when opportunities arise.

🏘️ Real estate strategy

We live in our own home and own a rental apartment that pays for itself. ✅

Further real estate purchases are planned. 🏡📈

🎯 Target (15-20 years)

Financial freedom - with the option of part-time or complete independence from employment. Focus on more time for family, projects and quality of life. ✨

How do you structure your portfolios? What is your strategy and what are your long-term goals?

I look forward to the exchange!

... In my opinion, this is not the ideal time to buy, but some stocks, especially in the more defensive area, are comparatively attractive for me right now, especially as they can also be a defensive anchor if tech should correct again. As far as tech is concerned, I'm waiting for that.

Today I have:

$WM (+1,84 %)
$RSG (+1,96 %)
$PG (-0,07 %)
$COKE (-1,08 %)
$KO (-0,25 %)
$LIN (-0,22 %)
$CSL (-2,87 %)
$NEE (-0,45 %)
$DB1 (-1,39 %)
$DTE (+0,07 %)
$COST (-0,25 %) bought

all about the same amount... Linde a little more, Carlisle a little less...

At 54 billion euros, the 40 companies listed in Germany's leading index, the Dax, paid out as much to their shareholders this year as in the previous record year.

However, only 21.7 billion euros of these dividends, three percent less than in the previous year, went to domestic investors. 26.9 billion euros were transferred abroad. That was 2.4% more than a year ago and more than ever before.

52.6 percent of shares in the top listed companies are in the hands of foreign investors. Only one third of Dax shares are still held in Germany - almost one percentage point less than in the previous year. Around 14 percent of shares cannot be clearly allocated to a specific region.

This is shown by a recent study by management consultants EY, which was made available to Handelsblatt in advance. According to the study, 24 of the 40 DAX companies, three more than in the previous year, are predominantly held by foreign investors.

The highest foreign share is held by diagnostics specialist $QGEN (-0,48 %) Qiagen with 93 percent, followed by the chemicals trader $BNR (-1,04 %) Brenntag with 88 percent. The aviation supplier $MTX (-1,94 %) MTU , the real estate group $VNA (-1,77 %) Vonovia and the Frankfurt stock exchange operator $DB1 (-1,39 %) Deutsche Börse, four out of five shares are held in foreign portfolios.

The highest transfer abroad was made by $ALV (+0,92 %) Allianz. The insurer, 58 percent of whose shares are held outside Germany, paid dividends of just under 3.5 billion euros to foreign investors after its Annual General Meeting on May 8. Just under 2.5 billion euros flowed into the accounts of German investors.

The industrial group $SIE (-0,57 %) Siemens, the car manufacturer $MBG (-0,69 %) Mercedes and the telecommunications provider $DTE (+0,07 %) Deutsche Telekom each transferred more than two billion euros to foreign investors. The shares of all four companies have been among the highest dividend-paying stocks in the DAX for years: measured in terms of the absolute amount, but also in terms of the yield and reliability of the distributions.

US investors in particular have significantly increased their exposure to the top German companies in recent years, while at the same time investors from other European countries have become more cautious: Since 2010, the proportion of North American investors in those DAX companies for which corresponding time series are available has risen from 17.1 to currently 25.4 percent. The proportion of European investors, on the other hand, fell from 25.7% to 22.9%.

Henrik Ahlers, Chairman of the EY Management Board, sees the strong commitment of foreign investors as "proof of the continued attractiveness of top German companies and the trust that these companies enjoy worldwide". Although the problems of Germany as a business location are well known, "most DAX companies are now so strongly positioned worldwide that Germany is just one of many markets".

According to Ahlers, the recent good share price performance also testifies to the trust that top German companies continue to enjoy worldwide. It proves the reputation and credibility of major German corporations on the global market.

Source (excerpt) & graphic (excerpt): Handelsblatt, 04.08.25

Since September 1999, Bankhaus Metzler has published a list of ten German shares that it recommends for the following quarter. Since then, this top ten list has achieved a return of more than 600 percent. In the same period, Germany's leading index, the Dax, gained around 350 percent.

The research team has now published the top 10 for the third quarter.

• 4 DAX stocks

$DB1 (-1,39 %)
$MUV2 (-1,85 %)
$SIE (-0,57 %)

• 3 MDAX stocks

$BC8 (+15,07 %)
$EVK (-2,09 %)
$JUN3 (-0,28 %)

• 2 SDAX stocks

$BFSA (-0,78 %)
$VOS (-0,72 %)

• 1 stock outside the indices

$IVU (-0,5 %)

Source: Handelsblatt, 04.07.25

$DB1 (-1,39 %)
https://podcasts.apple.com/de/podcast/aktien-f%C3%BCrs-leben/id1621025854?i=1000662495788

All the money is going back into the savings plan this month 😊

Following the good figures of the past few months, the $DB1 (-1,39 %) finds a place in my dividend portfolio 👌🏼