BNP AM

The bank for a changing world

Europe Climate Carbon Offset Plan is an innovative ESG liquid impact strategy aiming to offset carbon footprint and to offer returns in line with the Stoxx 600 Index

Investment Theme

SRI Investing

Asset class

Equities

Style

Benchmarked

Objective:

The THEAM Quant Europe Climate Carbon Offset Plan Fund aims to provide capital growth over the medium term and to offset its carbon footprint (Scope 1 and 2). The FCP is exposed to the performance of listed European equities with high Environmental, Social and Governance (ESG) standards, selected on the basis of their carbon footprint and energy transition strategy. In order to achieve its objective, the Fund implements a quantitative investment strategy through the BNP Paribas Equity Europe Climate Care NTR Index, with an expected tracking error of 5% with the STOXX Europe 600 NTR index.

The carbon footprint of the portfolio is offset every quarter through the purchase of verified emission reduction certificates (VERs) from the Kasigau Corridor REDD+ project in Kenya, chosen by BNP Paribas for its environmental and social impact.

Performance data and latest documents

Dedicated website Find out more about this fund and the REDD+ Kasigau Corridor project in Kenya​
    Investments in the aforementioned strategies are subject to market fluctuation and risks inherent in investing in securities. The value of investments and the revenue they generate can increase or decrease and it is possible that investors will not recover their initial investment. Source: BNP Paribas Asset Management Holding, registered with the Paris Registry of Commerce and Companies under number 682 001 904 as a Limited Company with share capital of 23 041 936 euros. Registered office: 1 Boulevard Haussmann, 75009 Paris. Postal address: TSA 47000/75318 PARIS CEDEX 09