BNP Paribas Asset Management (‘BNPP AM’) has been awarded the top score of A+ for its global approach to responsible investing. The score was awarded by the Principles for Responsible Investment (‘PRI’) in its 2018 assessment report and demonstrates the level of excellence of BNPP AM's expertise in terms of research, transparency and integration of ESG criteria.
The integration of Environmental, Social and Governance (‘ESG’) criteria has become a key issue for investors and the PRI’s annual assessment of each of the 1,800 signatory companies enables them to identify those asset managers with the strongest approach to responsible investment. A PRI signatory since 2006, BNPP AM has implemented its own responsible investment policy since 2012 and applies ESG criteria to almost all of its mutual funds, in addition to its dedicated SRI funds. The A+ score, awarded every year since its creation, is testament to BNPP AM’s ongoing efforts in integrating ESG criteria across all of its investment processes.
The PRI initiative, backed by the United Nations, co-operates with an international network of signatories to implement the six Principles for Responsible Investment. It aims to identify the links between investment and environmental, social and governance issues, and to help signatories incorporate these issues into their investment and ownership decisions. The six Principles were designed by investors, bringing together 1,800 signatories from more than 50 countries, representing USD 70 trillion of assets.
Click here to access the PRI’s 2018 Assessment Report on BNPP AM.
About BNP Paribas Asset Management
BNP Paribas Asset Management is the investment management arm of BNP Paribas, one of the world’s major financial institutions. Managing and advising on assets of EUR 568 billion as at 31 March 2018, BNP Paribas Asset Management offers a comprehensive range of active, passive and quantitative investment solutions covering a broad spectrum of asset classes and regions. With more than 500 investment professionals and around 400 client servicing specialists, BNP Paribas Asset Management serves individual, corporate and institutional investors in 72 countries around the world. Since 2002, BNP Paribas Asset Management has been a major player in sustainable and responsible investing.
About BNP Paribas Asset Management’s responsible investment approach
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.
About the PRI
The PRI is the world’s leading proponent of responsible investment. It works to understand the investment implications of environmental, social and governance (ESG) factors and to support its international network of investor signatories in incorporating these factors into their investment and ownership decisions. The PRI acts in the long-term interests of its signatories, of the financial markets and economies in which they operate and ultimately of the environment and society as a whole. The PRI is truly independent. It encourages investors to use responsible investment to enhance returns and better manage risks, but does not operate for its own profit; it engages with global policymakers but is not associated with any government; it is supported by, but not part of, the United Nations. For more information, please see: unpri.org.