BNP PARIBAS EASY MSCI WORLD SRI S-Series PAB 5% Capped
LU1291108642
| Issuer | BNP PARIBAS ASSET MANAGEMENT LUXEMBOURG |
|---|---|
| Fund provider | BNP PARIBAS ASSET MANAGEMENT LUXEMBOURG |
| Fund type/Asset class | ETF |
| Legal form | SICAV |
| Fund issue date | 21/10/2015 |
| Last Update | 30.05.2024 |
| Benchmark | MSCI WORLD SRI S-Series PAB 5% Capped (NTR) |
| Tranche | Private Investors Institutional Investors |
Risk Indicator (PRIIP)
6 of 7
Licensed in
D,
A,
LU
Classification by SFDR
Article 8
EU Taxonomy
-
% of Sustainable Investments according to SFDR
-
Principal Adverse Impacts
No explicit details regarding the principal adverse impacts.
Sustainable Development Goals
No explicit details regarding the Sustainable Development Goals
Normal allocation
| Equities | 99 % to 100 % |
|---|---|
| Bonds | Excluded |
| Money market/Bank deposits | Excluded |
| Commodities | Excluded |
| Direct investments | Excluded |
| Derivatives | 0 % to 1 % (for hedging only) |
| Other | - |
Sustainability approach
| Principal Adverse Impacts |
-
|
|---|---|
| Further remarks on the consideration of SDGs | - |
| Rationale behind classification according to SFDR | Article 8 The financial product promotes environmental and social characteristics by assessing underlying investments against Environmental, Social, and Governance (ESG) criteria using the methodology of the index provider. As such, the product is exposed to issuers that demonstrate superior or improve environmental and social practices, while implementing robust corporate governance practices within their sector of activity. |
| Engagement | Yes, organized internally Link to engagement policy |
| Voting | Yes, organized internally Link to voting policy |
| Best-in/of-Class | Best-In-Class The fund replicates the MSCI World SRI S-Series PAB 5% Capped (NTR). This MSCI SRI S-Series PAB Indexes are designed to represent the performance of companies that have high Environmental, Social and Governance (ESG) ratings relative to their sector peers, to ensure the inclusion of the best-in-class companies from an ESG perspective. The methodology aims to include the securities of companies with the highest ESG ratings making up 25% of the market capitalization in each sector and region of the parent index (MSCI World Index). |
| ESG-Integration | Yes The MSCI SRI S-Series PAB Indexes use MSCI ESG Business Involvement Screening Research and MSCI Climate Change Metrics to identify companies that are involved in controversial business activities. Companies that meet the business involvement criteria are excluded from the MSCI SRI S-Series Indexes. The MSCI SRI S-Series PAB Indexes use MSCI ESG Ratings to identify companies that have demonstrated an ability to manage their ESG risks and opportunities. Companies are required to have an MSCI ESG Rating of ’A’ or above to be eligible for inclusion in the MSCI SRI S-Series PAB Indexes. The MSCI SRI S-Series PAB Indexes use MSCI ESG Controversies Scores to identify those companies that are involved in very serious controversies involving the environmental, social, or governance impact of their operations and/or products and services. Companies are required to have an MSCI ESG Controversies Score of 4 or above to be eligible for inclusion in the MSCI SRI S-Series PAB Indexes. |
| Norm-based screening |
UN Global Compact
ILO core labour standards
OECD Guidelines for Multinational Enterprises
Other
UNGP
|
| Themes |
Climate change
The product must also be consistent with the objectives of the Paris Aligned Benchmark (PAB) aimed at:
- Reducing the index's carbon intensity relative to the initial investment by at least 50%.
- Achieving an annual decarbonisation target of at least 7%. This trajectory allows being in line with the IPCC 1.5°C scenario. It should be noted that this is at the index level and not at the level of each underlying.
|
| Impact Investing |
-
|
| Further information on the sustainability approach | EU Paris Aligned Benchmark Link to sustainability approach |
Research and Transparency
| In-house sustainability analysis | Yes, 35 |
|---|---|
| Research partners | Yes MSCI Research/ Sustainalytics/Trucost/S&P/ISS/Beyond Ratings/Vigeo Eiris |
| Percentage of portfolio with sustainability analysis | - |
| Strategically important suppliers included | No |
| Sustainability advisory committee | No |
| Analysis of portfolio CO2 | Yes, backward-looking indicator |
| Sustainability reporting | Yes https://docfinder.bnpparibas-am.com/api/files/19e0d609-fe11-470a-b208-704a6c61ff9e/1024 |
| At least monthly portfolio publication | No |
| Certification/Label awarded by independent auditors |
FNG Label
Label ISR
Austrian Ecolabel
Other
Towards sustainability Label
|
Environmental
Exclusion of sectors / areas of business – companies
| Fossil fuels (Coal, Oil and Gas) | Yes |
|---|---|
| Nuclear power (operation and components) | Yes 5 % Turnover threshold |
| Green genetic engineering | Yes 5 % Turnover threshold |
| Chlorine and agrochemicals (biocides) | No |
| Other | - |
Exclusion of business practices – companies
| Environmentally damaging behaviour | Yes |
|---|---|
| Damage to biodiversity | Yes |
| Other | - |
Exclusion criteria – countries
| Non-ratification of the Paris Climate Agreement | N/A |
|---|---|
| Non-ratification of the Protocol on Biosafety | N/A |
| Non-ratification of the UN Biodiversity Convention | N/A |
| Nuclear power by proportion of gross energy production | N/A |
| Other | - |
Social
Exclusion of sectors / areas of business – companies
| Weapons/Armaments | Yes 5 % Turnover threshold |
|---|---|
| Cluster bombs and anti-personnel mines | Yes |
| Weapons of mass destruction (ABC/CBRN) | Yes |
| Tobacco products | Yes 5 % Turnover threshold |
| Pornography | Yes 5 % Turnover threshold |
| Spirits/Alcohol | Yes 5 % Turnover threshold |
| Gambling | Yes 5 % Turnover threshold |
| Other | - |
Exclusion of business practices – companies
| Labour rights (ILO core labour standards) | Yes |
|---|---|
| Exploitative child labour | Yes |
| Violation of human rights | Yes |
| Animal testing | No |
| Other | United Nations Guiding Principles on Business and Human Rights (UNGPBHR) |
Exclusion criteria – countries
| Labour rights | N/A |
|---|---|
| Violation of human rights | N/A |
| Military spending as a percentage of GDP | N/A |
| Death penalty, torture | N/A |
| Countries classified by Freedom House as not free | N/A |
| Violations of the Nuclear Non-Proliferation Treaty | N/A |
| Violations of other non-proliferation treaties | N/A |
| Other | - |
Governance
Exclusion of business practices – companies
| Corruption and bribery | Yes |
|---|---|
| Tax: planned avoidance & detected violations | No |
| Other | Controversial Investments ; Fraud |
Exclusion criteria – countries
| Corruption | N/A |
|---|---|
| Other | - |
More on data availability
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EU Taxonomy
It is possible that reported KPIs for taxonomy eligibility and alignment (being limited to corporate issuers / including only selected economic activities) are low or that KPIs cannot be reported due to limited data availability. Data may be available with a time lag. Data comparability may be limited due to differences in the scope of the economic activities considered. As soon as data is available in sufficient quantity and quality, it will be published in accordance with regulatory requirements.
Quelle: Unternehmensangaben. | Für die Angaben der Unternehmen kann keine Haftung übernommen werden. Die Angaben dienen nur zur Information und stellen keine Beratung oder Empfehlung dar. Bitte beachten Sie den Haftungsausschluss unter www.forum-ng.org/disclaimer. Das FNG-Nachhaltigkeitsprofil bietet nur einen ersten Überblick und ist kein Ersatz für eine eigenständige Analyse. Weiterführende Erläuterungen finden Sie unter www.forum-ng.org
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