AXA IM launches biodiversity equity strategy

AXA WF ACT Biodiversity fund

AXA Investment Managers has launched a biodiversity fund that invests in best-in-class companies driving innovation to address environmental issues such as water and land pollution, land degradation, fauna and flora protection and overconsumption.

The AXA WF ACT Biodiversity fund will follow AXA's listed active equity investment process and apply ESG exclusions, such as weapons producers, tobacco, defence and "low ESG quality", as well as sector exclusions, including controversial weapons and those that negatively impact ecosystem protection. AXA's proprietary impact framework will analyse companies, focusing particularly on their products and services. "We believe companies who address their impact on the planet and contribute to preserving and restoring biodiversity will achieve stronger earnings growth and superior sharehold...