BNP Paribas Asset Management (BNPP AM) has become the latest organisation to join the Climate Bonds Partner Program. They join an international network of Partners working with Climate Bonds to shift investment to rapidly deliver a low-carbon and climate resilient economy.
BNPP AM was a founding signatory of the Principles for Responsible Investment (PRI) in 2006 and has been a member of the Institutional Investors Group on Climate Change (IIGCC) since 2003. They are a supporter of the 2014 Montreal Carbon Pledge and at COP 21 in December 2015 became a foundation signatory to the Paris Green Bonds Statement.
They currently have almost €1 billion invested in green bonds and launched a new €100 million fund late 2017, currently valued at €133 million (as at 12 March 2018).
Gaëtan Obert Head of Sustainability – BNP Paribas Asset Management
“BNP Paribas Asset Management is fully committed to supporting the development of green finance. We provide guidance to the market through our innovative engagement approach with green bonds issuers, and we leverage on the experience of our investment teams to deliver green bond solutions across developed and emerging countries”.
Manuel Adamini, Director of Investor Outreach & Partners Programme, Climate Bonds Initiative
“BNP Paribas Asset Management has been a long-term supporter of sustainable and responsible practices and is active in green bond investing. Their experience and market perspectives combined with our international focus provides many opportunities to partner together on green finance projects.”
About Climate Bonds Initiative:
The Climate Bonds Initiative is an investor-focused not-for-profit, promoting large-scale investment in the low-carbon economy. It undertakes advocacy and outreach to inform and stimulate the market, provides policy models and government advice, market data and analysis and administers an international Standards & Certification Scheme for green bonds. For more information, please visit www.climatebonds.net.
Climate Bonds Partners Program:
Banks, institutional investors, private and non- governmental organizations (NGOs) and governments are eligible to join as Climate Bond Partners to help grow a green finance. Partners support investor and stakeholder outreach and education projects centred on growing robust and sustainable green bond and climate bond markets that contribute to climate action and low carbon investment. Partners also assist in developing initiatives to grow investment in climate finance solutions, participate in different market development committees & help define policy agendas for sector, country & sub-national green bond development programs.
A list of Partners is available here.
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 EUR569 billion of assets as at 31 December 2017, 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 close to 700 investment professionals and 600 client servicing specialists, BNP Paribas Asset Management serves individual, corporate and institutional investors in 70 countries around the world. Since 2002, BNP Paribas Asset Management has been a major player in sustainable and responsible investing.
The information contained in this communication does not constitute investment advice in any form and the Climate Bonds Initiative is not an investment adviser. Any reference to a financial organisation or debt instrument or investment product is for information purposes only. Links to external websites are for information purposes only. The Climate Bonds Initiative accepts no responsibility for content on external websites. The Climate Bonds Initiative is not endorsing, recommending or advising on the financial merits or otherwise of any debt instrument or investment product and no information within this communication should be taken as such, nor should any information in this communication be relied upon in making any investment decision. Certification under the Climate Bond Standard only reflects the climate attributes of the use of proceeds of a designated debt instrument. It does not reflect the credit worthiness of the designated debt instrument, nor its compliance with national or international laws. A decision to invest in anything is solely yours. The Climate Bonds Initiative accepts no liability of any kind, for any investment an individual or organisation makes, nor for any investment made by third parties on behalf of an individual or organisation, based in whole or in part on any information contained within this, or any other Climate Bonds Initiative public communication.