BNP Paribas Asset Management (BNPP AM), a leading global asset manager, announced today the launch of a new climate exchange-traded fund (ETF) – the BNP Paribas Easy MSCI ACWI SRI S-Series PAB 5% Capped UCITS ETF. This addition strengthens BNPP AM’s commitment to sustainable investing and caters to the growing demand for environmentally responsible investment solutions.
This launch highlights BNPP AM’s dedication to innovation and sustainability. The new ETF aligns with the Paris Aligned Benchmark (PAB) targets, promoting responsible investing and aiming to reduce greenhouse gas intensity while achieving decarbonization goals.
Key Features of the New Climate ETF:
- Tracks the MSCI ACWI SRI S-Series PAB 5% Capped Index: Provides exposure to companies demonstrating strong Environmental, Social, and Governance (ESG) practices.
- Article 8 Classification under SFDR: Meets the standards of the Sustainable Finance Disclosure Regulation, ensuring transparency in ESG integration.
- Robust ESG Screening: Excludes companies with significant negative ESG impact and involvement in severe controversies.
- Minimum 35% Allocation to Sustainable Investments: Ensures a strong focus on companies aligned with sustainability goals.
- Tracking Error Below 1%: Aims to closely mimic the performance of the underlying index.
“We are witnessing a surge in client interest for SRI PAB ETFs,” said Lorraine Sereyjol-Garros, Global Head of Development for ETFs & Index Funds at BNPP AM. “This launch broadens our range within our Irish ICAV, allowing investors to capture long-term growth opportunities in global equities while integrating a robust ESG approach. The new ETF offers exposure to both developed and emerging equity markets.”
