Overview
Description
The BNP Low Carbon World PAB Fund is an investment fund designed to align with the European Union's Paris-Aligned Benchmark, targeting environmental sustainability by reducing carbon exposure. This fund focuses on promoting decarbonization across its portfolio, investing primarily in companies with lower carbon footprints and those demonstrating proactive measures towards reducing greenhouse gas emissions. It encompasses a wide array of sectors, aiming to mitigate climate risk and promote responsible investing in industries like technology, healthcare, and consumer goods, where the transition to low-carbon processes is feasible and impactful. By adhering to strict sustainability criteria, it plays a crucial role in driving investor capital towards environmentally conscious businesses. The fund is significant in the financial markets as it not only provides a mechanism for investors to support and benefit from the low-carbon transition but also serves to influence corporate strategies and operations by incentivizing lower emissions and sustainable practices. This strategic alignment with global climate objectives enhances the fund’s role as a catalyst for positive environmental change while offering diversified exposure to international markets.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Germany
MIC code
XETR