Raw: [
BNP Paribas Asset Management (BNPP AM) announced today the release of its new Global Sustainability […]]
BNP Paribas AM to Expand Range of Sustainable, Impact Investment Solutions – ESG Today
ESG Investing, sustainable finance & business sustainability news
ESG investing news, analysis, research and information
Top Stories ESG News
Companies
Government
Investors
Regulators
Sustainable Finance
ESG Solutions ESG Tools, Services
Companies Companies
Investors Investors
ESG Disclosure ESG Reporting
Analysis
Regulators
Reports, Studies
Newsfeed
Whitepapers
Events
About About us
Our Team
Advertise With Us
Investors
BNP Paribas AM to Expand Range of Sustainable, Impact Investment Solutions
Mark Segal
January 11, 2024
BNP Paribas Asset Management (BNPP AM) announced today the release of its new Global Sustainability Strategy (GSS), updating its approach to applying sustainability considerations in its investments, and including goals to grow its ranges of sustainable and impact investment solutions across themes including climate, nature-based solutions and economic equality.
The new sustainability strategy follows the launch in 2019 of BNPP AM’s first GSS, focused on the integration of ESG factors into its investment processes and boosting its engagement and stewardship approach on ESG issues.
Highlighting the progress made in its sustainability strategy, BNPP AM noted that the integration of ESG considerations into its product offerings has led to more than 90% of its European-domiciled open-ended funds’ AUM to be classified as Article 8 or Article 9 under the EU’s SFDR regulation.
In a post announcing the new GSS, Jane Ambachtsheer, Global Head of Sustainability at BNPP AM, said:
“Since our first GSS in 2019, Covid-19, humanitarian, geopolitical and energy crises, and climate disasters have reshaped economies. Regulations including the Sustainable Finance Disclosure Regulation have shaped sustainability-related investing.
“Despite these transformational events, we found that the fundamentals of our approach have remained sound.”
The GSS includes a focus on achieving three key themes, or “3Es,” including Energy transition, healthy Ecosystems, and greater Equality. Key areas of focus detailed in the strategy under these themes include substantially increasing climate and environmentally themed investments, strengthening the firm’s range of nature-based solutions and establishing a new forestry fund, and developing new investment strategies linked to equality and social themes.
The thematic focus forms part of BNPP AM’s GSS’ “six pillars” approach, which also encompasses responsible business conduct expectations for investee companies, applying ESG integration principles and developing proprietary sustainability research, stewardship and engagement, integrating sustainability across the product range, and adding its own internal Corporate Social Responsibility (CSR) strategy to its sustainability approach.
The strategy also includes a series of internal priorities for the firm, including investing in its ESG data programme and supporting the development of its range of ESG research methodologies, providing educational opportunities to employees and clients, and sharpening communication and knowledge sharing, including avoiding the risk of greenwashing.
Ambachtsheer said:
“Over the coming years, we believe the asset management industry will face far-reaching change, driven by a wider need to reallocate capital to a more sustainable and inclusive economy, taking into account geopolitical dynamics, evolving regulation, technological transformation and changing demographics.
“This impending and interconnected transition will require long-term investors to not only reposition their portfolios for sustainable growth, but to become a source of funding for the needed transformation.”
Click here to access BNPP AM’s new Global Sustainability Strategy.
Mark founded ESG Today following a 20 year career in investment management and research. Prior to founding ESG Today, Mark worked at Delaney Capital Management (DCM) in Toronto, Canada, most recently as the firm’s head of U.S. equities. While at DCM, Mark was part of the firm’s ESG team, responsible for evaluating and tracking the sustainability factors impacting portfolio companies, and assessing the suitability of companies for portfolio inclusion. Mark also spent several years in the sell-side research industry, covering the technology and services sectors. Mark holds an MBA from Columbia University in New York, a BBA from the Schulich School of Business at York University in Toronto, and is a CFA charterholder.
Related Posts
Investors /
ABN AMRO Appoints Tanja Kramer as Head of Sustainable Impact Fund
Investors /
S&P DJI Launches SDG-Aligned S&P 500 and Global LargeMidCap-based Indices
Investors /
Robeco to Target Sustainable Fashion, Ocean & Climate Sustainability, ‘Forever Chemicals’ in Corporate Engagements
‹ Whirlpool Adds Onsite Wind and Solar at U.S. Plants
ESG Today Newsletter – Subscribe
Subscribe to the ESG Today NewsletterJoin our mailing list for the latest breaking ESG investment news!
LevelC-LevelSVP / EVPDirector / VPManager / SupervisorMid or Entry LevelFreelance / ContractStudent / InternRetiredOther
FunctionAccounting & FinanceBusiness Development & SalesCustomer SupportFacilitiesHR & TalentInvestingLegalMarketing & CommunicationsOperationsR & DProcurement & ContractingSupply Chain & DistributionSustainabilityStrategyTechnologyOther
SUBSCRIBE!
You have Successfully Subscribed!
Sustainable Finance
Iberdrola Secures €300 Million ESG-Linked Loan from World Bank for Energy Transition Projects in Emerging Markets
ABN AMRO Appoints Tanja Kramer as Head of Sustainable Impact Fund
Pattern Energy Closes $11 Billion Financing for Massive U.S. Clean Energy Project
Iberdrola Signs €5.3 Billion Credit Line with Rates Tied to Climate, Diversity Goals
Government
Former UK Conservative Energy Minister Resigns over Government Plan for New North Sea Oil & Gas Licenses
Canada Consults on Launch of New Federal Plastic Registry
Canada Finalizes Regulation Requiring 100% Zero Emission New Car Vehicle Sales by 2035
Biden Administration Proposes Strict Requirements to Qualify for Clean Hydrogen Tax Credit
Categories
Select Category
Business Wire
ESG News
Analysis
Climate
Companies
Energy Transition
Environment
ESG Reporting
ESG Tools, Services
Executive Moves
Governance
Government
Guest Posts
Investors
M&A
New funds & products
Platforms & Markets
Private Equity & Venture Capital
Professional bodies
Regulators
Reports, Studies
Social
Social & Governance
Sustainable Finance
Welcome
Back to Top
Home
About us
Disclosure, cookies & privacy policy
© ESG Today 2024
Don’t miss the top ESG stories!Join the ESG Today daily newsletter and get all the top ESG stories, like this one.
Subscribe now below!
LevelC-LevelSVP / EVPDirector / VPManager / SupervisorMid or Entry LevelFreelance / ContractStudent / InternRetiredOther
FunctionAccounting & FinanceBusiness Development & SalesCustomer SupportFacilitiesHR & TalentInvestingLegalMarketing & CommunicationsOperationsProcurement & ContractingR & DStrategySupply Chain & DistributionSustainabilityTechnologyOther
SUBSCRIBE!
You have Successfully Subscribed!
Never miss the latest breaking ESG investment news. Get ESG Today’s newsletter today!
Subscribe Now
c
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OkPrivacy policy