BNP Paribas Asset Management has launched an ETF that aims to offer investors exposure to companies that have a lower potential impact on biodiversity than their peers.
The Article 9 BNP Paribas Easy ESG Eurozone Biodiversity Leaders PAB UCITS ETF listed on the Euronext Paris and Deutsche Börse Xetra exchanges on 29 September. It will replicates a Euronext index of about 60 stocks, which represent the top 30% of companies for biodiversity from each sector. BNPP AM said companies are chosen based on their potential impact on biodiversity as calculated by Iceberg Data Lab's ‘Corporate Biodiversity Footprint' score. Aligning sustainable investing with investors' preferences would boost assets The fund has an OCF of 0.35%. Denis Panel, head of ...
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