BNP AM

The sustainable investor for a changing world

Our approach to sustainability

Our goal is to integrate sustainability across our investment strategies. We define our sustainability approach as follows: ESG (Environment, Social, Governance) integration, stewardship (voting and engagement), a responsible business conduct policy and the implementation of sector-based exclusions, a forward-looking perspective (the “3Es”: Energy transition, Environmental sustainability, Equality and inclusive growth).

Jane Ambachtsheer
Global Head of Sustainability

“Our investment philosophy reflects our belief that a sustainable approach is key when making investment decisions. As a major financial organisation, we are a firm believer in good governance, transparency and extensive reporting: both from the companies we invest in and from how we operate as a firm.”

The six pillars of our sustainable investor approach

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ESG integration

By integrating a consideration of relevant ESG factors into our investment decisions, we can identify and assess areas of risk or opportunity, offering a relative advantage. Our ESG scoring and integration approach is applied across a wide range of investment strategies, and a firm-wide ‘sustainable education’ programme supports portfolio managers, analysts and other employees in evolving their knowledge.

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Stewardship

We use stewardship –proxy voting, company engagement and public policy advocacy- to encourage companies and policy makers to improve ther performance on sustainability topics. Promoting good ESG standards is an essential part of our ownership responsibilities.

Learn more

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Responsible business conduct

Plant on hands

We expect companies to meet their fundamental obligations in human and labour rights, protecting the environment and ensuring anti-corruption safeguards wherever they operate, in line with the UN Global Compact Principles. We engage with companies regarding areas in which they fall short, and exclude the worst offenders. We also have a series of sector policies that set out the conditions for investing in particular sectors and guide our screening requirements and engagement.

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The “3Es”

We believe a better world is one with an economic model that includes a successful energy transition, is more environmentally sustainable, and more equitable and inclusive – our “3Es“, critical preconditions that are the focus of our sustainability efforts. We also believe that institutional investors – including both asset managers and asset owners – have the opportunity, indeed the obligation, to take action to help achieve the Sustainable Development Goals and the Paris Agreement.

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Solutions to invest in sustainability

Windmill on planet

Our goal is to integrate sustainability across our investment strategies, according to the four core pillars of our sustainability approach.

For investors wishing to go further, we also offer a range of:

  • promoting environmental and/or social characteristics (for example having ESG scoring better than investment universe)
  • receiving one or several labels (delivered by independent organisations, such as “Label ISR (SRI – Socially Responsible Investment)” in France)
  • having a sustainable investment objective (for example sustainable thematic strategies) 

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Our CSR approach

Walking the talk is critical to achieving excellence. As a sustainable asset manager, our corporate practices and disclosures should match or exceed the standards we expect from the entities in which we invest. To achieve this, we have a four-pronged approach to integrating sustainability into our operations and as an employer: decreasing our operational CO2 emissions and reducing our waste to landfill, achieving a more gender-balanced workforce, and focusing our community initiatives on youth inclusion.


References

ESG = Environmental, Social and Governance

Disclaimer

Past performance or achievement is not indicative of current or future performance.
  • Any views expressed here are those of the author as of the date of publication, are based on available information, and are subject to change without notice. Individual portfolio management teams may hold different views and may take different investment decisions for different clients. This material does not constitute investment advice.
Investments are subject to market fluctuations and the risks inherent in investments in securities. The value of investments and the income they generate may go down as well as up and it is possible that investors will not recover their initial investment. There is no guarantee that the performance objective will be achieved.
  • Investing in emerging markets, or specialised or restricted sectors is likely to be subject to a higher-than-average volatility due to a high degree of concentration, greater uncertainty because less information is available, there is less liquidity or due to greater sensitivity to changes in market conditions (social, political and economic conditions).
The content of this page on BNP Paribas Asset Management's approach and corporate philosophy is only for information purposes and does not constitute an offer to buy or sell any services, products or investments. These statements apply differently to each BNP Paribas Asset Management product, the characteristics of which, including those relating to sustainability, are described in the legal documentation of the funds, available here according to your country of residence and investor profile.
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In the U.S., this material is for Institutional use only – not for public distribution. This material is provided for educational purposes only and is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. References to specific securities, asset classes and financial markets are for illustrative purposes only and are not intended to be and should not be interpreted as recommendations. Reliance upon information in this material is at the sole risk and discretion of the reader. The material was prepared without regard to specific objectives, financial situation or needs of any investor.

These documents and video clips may also include information obtained from affiliated investment management companies within BNP Paribas Asset Management, the brand name of the BNP Paribas group’s asset management services. The documents and video clips are produced for informational purposes only and do not constitute: 1. an offer to buy nor a solicitation to sell, nor shall they form the basis of or be relied upon in connection with any contract or commitment whatsoever or 2. investment advice. Any opinions included in these documents and video clips constitute the judgment of the author/ presenter at the time specified and may be subject to change without notice.

This material may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, forecasts, and estimates of yields or returns. No representation is made that any performance presented will be achieved by any funds, or that every assumption made in achieving, calculating or presenting either the forward-looking information or any historical performance information herein has been considered or stated in preparing this material. Any changes to assumptions that may have been made in preparing this material could have a material impact on the investment returns that are presented herein. Past performance is not a reliable indicator of current or future results and should not be the sole factor of consideration when selecting a product or strategy.

The information and opinions contained in this material are derived from proprietary and nonproprietary sources deemed by BNP PARIBAS ASSET MANAGEMENT USA, Inc. to be reliable, are not necessarily all-inclusive and are not guaranteed as to accuracy.

The information provided here is neither tax nor legal advice. Investors should speak to their tax professional for specific information regarding their tax situation. Investment involves risk including possible loss of principal. International investing involves risks, including risks related to foreign currency, limited liquidity, less government regulation, and the possibility of substantial volatility due to adverse political, economic or other developments. These risks are often heightened for investments in emerging/developing markets or smaller capital markets.

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BNP PARIBAS ASSET MANAGEMENT USA, Inc. is registered with the U.S. Securities and Exchange Commission as an investment adviser under the Investment Advisers Act of 1940, as amended. BNP PARIBAS ASSET MANAGEMENT USA, Inc. is a registered trademark of BNP Paribas or its subsidiaries in the United States and elsewhere. All other trademarks are those of their respective owners. © 2023 BNP PARIBAS ASSET MANAGEMENT USA, Inc., All rights reserved.

BNP PARIBAS ASSET MANAGEMENT is the global brand name of the BNP Paribas group’s asset management services. © 2023 BNP PARIBAS ASSET MANAGEMENT USA, Inc., All rights reserved.

BNP Paribas Asset Management seeks to integrate environmental, social and governance (“ESG”) factors into all of our portfolios as a means to mitigate certain short, medium and long-term financial risks, identify better long-term investments, and encourage more responsible corporate behavior. We will never subordinate our client’s interests to unrelated objectives. Certain issuers and industries are excluded from our actively managed portfolios based upon our view of their ESG performance and risk profile. As a result, we may pass up certain opportunities when these excluded issuers or industries are in favor. Due to significant gaps in disclosure regimes around the world, we may need to rely upon voluntary disclosures by issuers, which are often not audited. We therefore may not have consistent access to complete, accurate or comparable information about the ESG performance of our holdings. Please consult the applicable offering document for more information about the specific ESG strategy employed by each investment strategy since a given strategy may not have specific ESG guidelines, and investments are not limited to securities that are ESG compatible.