BNPP EASY ESG Eurozone Biodiversity Leaders PAB UCITS ETF

The Product is an index-tracking passively managed fund.The Product seeks to replicate (with a maximum tracking error* of 1%) the performance of the Euronext ESG Eurozone Biodiversity Leaders PAB (NTR) Index (Bloomberg: BIOLPAB index) ("the Index") by investing in shares issued by companies included in the Index, respecting the Index's weightings (full replication), or in a sample of shares issued by companies included in the Index (optimised replication).When investing in a sample of shares, the Product's tracking error may be higher. The Index is composed of equities issued by Eurozone large and mid-cap companies selected based on their impact on biodiversity (Biodiversity score - based on Iceberg Data Lab "Biodiversity footprint rating"), on the basis of Environmental, Social and Corporate Governance (ESG) criteria (such as environmental opportunity, pollution and waste, human capital, corporate governance, etc.) and based on their efforts to reduce their exposure to coal and unconventional fossil fuels. It implements a cap that limits a company's maximum weight within the Index to 10% on each rebalancing date. In addition, the Index aims to comply with the Paris Aligned Benchmark (PAB) targets of reducing greenhouse gas (GHG) intensity by at least 50% relative to the initial investment universe and achieving an additional decarbonisation target of 7% each year. As a result, companies involved in sectors with a potentially high negative ESG impact, those subject to significant violations of the UN Global Compact principles and those involved in severe ESG-related controversies are excluded from the Index. The type of approach implemented here is Best-in-class (Best-in-class approach identifies leaders in each sector based on the best ESG practices, while avoiding those that present high levels of risk and do not comply with minimum ESG standards according to the Index administrator and its specialised partners). The investment team applies also BNP PARIBAS ASSET

Physical replication

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No