BNP Asset Management establishes transition fund

BNP Paribas Asset Management (BNPP AM) has announced its latest initiative, the BNP Paribas Global Net Zero Transition Equity Fund.

The Luxembourg-based active equity fund plans to redefine the green investing landscape, working closely with the global net-zero transition.

The Fund’s main objective is to accelerate the transition to a net-zero economy, with a particular focus on decarbonisation. By investing in companies that are adopters or solution providers in reducing greenhouse gas emissions, we aim to make a significant contribution to the global effort to limit long-term temperature rise to below 2 degrees Celsius.

Net zero alignment with “Just Transition” lenses

One of the fund’s distinguishing features is its commitment to net zero adjustment through a ‘just transition’ lens. This perspective ensures that the transition to a low-carbon economy is fair and inclusive, provides opportunities for decent work, and contributes to economic equality.

The fund invests in over 1,000 global companies, all of which are focused on achieving net zero. This high-conviction portfolio is managed using BNPP AM’s proprietary net-zero alignment framework, inspired by the Paris Agreement Investment Initiative’s net-zero investment framework.

Under the management of Nadia Grant, Head of Global Equities at BNPP AM, the fund benefits from a wealth of expertise and a strong investment philosophy rooted in behavioral finance. The strategy leverages the comprehensive resources of BNPP AM’s international network of analysts, fund managers and researchers to ensure an informed and strategic investment approach.

By prioritizing net zero adjustment and focusing on decarbonization, the fund not only offers investors a unique opportunity to contribute to the global fight against climate change, but also builds on BNPP AM’s leadership in sustainable investing. It will also emphasize. As the world continues to grapple with the challenge of climate change, initiatives like this fund play a critical role in mobilizing capital towards a more sustainable and just future.