BNP Paribas AM unveils biodiversity Paris-aligned climate ETF

European Business & Biodiversity Campaign - News

BNP Paribas AM unveils biodiversity Paris-aligned climate ETF

The BNP Paribas Easy ESG Eurozone Biodiversity Leaders PAB UCITS ETF is listed on Euronext Paris and Deutsche Boerse with an ongoing charges figure (OCF) of 0.35%.

© Jörg Peter / Pixabay
29.09.2022: BNP Paribas Asset Management (BNPP AM) has expanded its thematic ETF range with the launch of a Paris-aligned climate biodiversity ETF. The ETF tracks the Euronext ESG Eurozone Biodiversity Leaders PAB index which offers exposure to approximately 60 eurozone stocks.

Starting with the Euronext Eurozone 300 index, companies are selected on a best-in-class methodology which retains 30% of each sector based on their potential impact on biodiversity. The biodiversity score is calculated using Iceberg Data Lab’s Corporate Biodiversity Footprint score.

Read the original news @ etfstream.com
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