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The bank for a changing world

China Longji rice terrace Ping An village

This follows the success of the European version of the strategy that has reached EUR 300m AuM* since it launched in March 2019, bringing the total assets of our THEAM Quant Climate Care and Sustainable Development Goals linked solutions to EUR 1Bn**.

Click on the picture to access the dedicated website.

The Climate Carbon Offset Plan Funds provide exposure to equity markets, by selecting only companies that demonstrate high Environmental, Social and Governance (ESG) standards, which have robust energy transition strategy and a lower carbon footprint than their benchmarks.  The remaining carbon footprint*** of the portfolio is offset every quarter through the purchase of Verified Emission Reduction certificates, issued by the Project Kasigau Corridor REDD+ in Kenya.

Leading European Insurance companies such as Allianz, Cardif, HDI Assicurazioni (part of the Talanx Group) and Gruppo ITAS Assicurazioni as well as foundations and pension funds have supported this innovative investment. They recognise the increasing need for sustainable solutions offering true environmental and social impact while also providing performance potential and liquidity.

The THEAM Quant – World Climate Carbon Offset Plan has received the Belgium Febelfin label.

About Project Kasigau Corridor REDD+

This project protects threatened forests, the wildlife that live in them and provides communities with a sustainable and transformative development path. Reducing Emissions from Deforestation and Degradation (REDD+) is a climate change mitigation strategy introduced by the United Nations. The plus sign relates to additional benefits for the local community and biodiversity. The Kasigau Corridor REDD+ Project has contributed to 11 of the 17 Sustainable Development Goals.

In 2019, the project has witnessed indicators of a transition toward durable, long-term impact. In particular, the Hadithi initiative has now grown to include over 1,200 women in 40+ groups creating handicraft and as of Q3 2019 had already paid out over $100,000 to its members; this program is achieving organic growth and self-sufficiency. And for the first time, the project has achieved a zero poaching level for ivory, the culmination of years of collaboration with the Kenya Wildlife Service.

A virtual reality video is available so that investors can fully appreciate how climate action can trigger social and economic impacts.

 *BNPP AM, as at 31 December 2019

**BNPP AM, as at 31 December 2019

***Scope 1 and Scope 2 emissions, this offsetting of carbon footprint can be considered as partial.

Credits: Lore Defrancq/Hadithi.

This strategy is available in a UCITS fund format through THEAM Quant World Climate Carbon Offset Plan.

For more information, do not hesitate to contact us.

The investments in the funds 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 outlay, the funds described being at risk of capital loss. For a complete description and definition of risks, please consult the last available prospectus and KIID of the funds. BNP PARIBAS ASSET MANAGEMENT France, “the investment management company,” is a simplified joint stock company with its registered office at 1 boulevard Haussmann 75009 Paris, France, RCS Paris 319 378 832, registered with the “Autorité des marchés financiers” under number GP 96002. This material is issued and has been prepared by the investment management company. It contains opinions and statistical data that are considered lawful and correct on the day of their publication according to the economic and financial environment at the time. This document does not constitute investment advice or form part of an offer or invitation to subscribe for or to purchase any financial instrument(s) nor shall it or any part of it form the basis of any contract or commitment whatsoever. This document is provided without knowledge of an investors’ situation. Prior to any subscription, investors should verify in which countries the financial instruments referred to in this document refers are registered and authorised for public sale. In particular financial instruments cannot be offered or sold publicly in the United States. Investors considering subscriptions should read carefully the most recent prospectus and Key Investor Information Document (KIID) agreed by the regulatory authority, available on the website. Investors are invited to consult the most recent financial reports, which are also available on the website. Investors should consult their own legal and tax advisors prior to investing. Given the economic and market risks, there can be no assurance that the financial instrument(s) will achieve its investment objectives. Their value can decrease as well as increase. In particular, changes in currency exchange rates may affect the value of an investment. Performance is shown net of management fees and is calculated using global returns with time factored in, with net dividends and reinvested interest, and does not include subscription-redemption fees, exchange rate fees or tax. Past performance is not a guarantee of future results. All information referred to in the present document is available on www.bnpparibas-am.com

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