Responsible Investment
BNP Paribas Asset Management has been a major player in sustainable and responsible investment (SRI) since 2002. BNPP AM has implemented its own responsible investment policy, applying environmental, social and governance (ESG) criteria to all its collective investments. It has also implemented BNP Paribas Group sector policies that ban investments in specific companies operating in controversial sectors.
BNPP AM supplements this approach by systematically exercising its shareholder voting rights and through its participation in major organisations involved in these issues, thereby actively contributing to the public debate. BNPP AM has been a member of the Institutional Investors Group on Climate Change (IIGCC) since 2003 and was a founding signatory of the Principles for Responsible Investment (PRI) in 2006. BNPP AM was also one of the first mainstream investment managers to sign the Montreal Carbon Pledge, in May 2015, and to join the Portfolio Decarbonization Coalition (PDC), demonstrating its desire to take concrete action through SRI investment strategies, energy transition and climate preservation. As at 31 December 2017, BNPP AM managed nearly EUR 35 billion of assets in SRI strategies.
In AustraliaBNP Paribas Asset Management Australia Limited is a member of the Responsible Investment Association Australasia (‘RIAA’) and the BNP Paribas Environmental Equity Trust is certified by RIAA.
The RIAA Certification indicates that the Trust has been independently verified as true to label. It has implemented a detailed responsible investment process for all investment decisions and has met the strict performance and holdings disclosure requirements of the Program.