Overview
Description
The BNP Low Carbon Europe PAB Fund is a specialized investment vehicle designed to offer exposure to European equities with a focus on reducing carbon emissions. This fund primarily aims to align with the Paris Agreement's carbon reduction goals by investing in companies actively working to minimize their environmental impact. It targets investments in sectors that contribute to a low-carbon economy, such as renewable energy, energy efficiency, and sustainable infrastructure, while avoiding high carbon footprint industries like traditional fossil fuels.
The fund adheres to the stringent criteria of the EU's Climate Benchmarks regulation, ensuring it surpasses the carbon trajectory required to meet the 1.5-degree climate target. By emphasizing companies pursuing greener practices, the BNP Low Carbon Europe PAB Fund plays a crucial role in promoting sustainable finance and facilitating the transition towards a more environmentally conscious financial market. Its structure aligns with the growing demand from socially responsible investors seeking portfolios that contribute positively to global climate efforts while still retaining the potential for long-term financial returns.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Germany
MIC code
XETR