BNP Paribas Easy ESG Eurozone Biodiversity Leaders PAB UCITS ETF

BNPP E ESG Euroz Biodiversity Ldrs PAB is a passively managed fund that mirrors the Euronext ESG Eurozone Biodiversity Leaders PAB Index. It invests in large and mid-cap Eurozone companies that demonstrate strong performance in biodiversity impact and ESG criteria, such as reducing pollution, enhancing human capital, and practicing good corporate governance. The fund emphasizes companies actively decreasing their reliance on coal and unconventional fossil fuels and adheres to a cap limiting any single company’s weight to 10%. Additionally, it aligns with Paris Agreement goals by targeting significant reductions in carbon intensity and ongoing annual decarbonization, ensuring the portfolio supports environmentally responsible and sustainable business practices.