RepoRt on - BNP Paribas

A leading position
in the french market
recent studies place bnP Paribas
investment Partners among the industry
leaders in france and in europe in
terms of assets under management,
and one of the market leaders as regards
quality. it had over eur 9.3 billion
of assets under management in sri mutual
funds and investment mandates at
31 december 2009. these funds are
geared towards institutional and retail
clients.
bnp pARibAs sRi Assets
undeR mAnAgement
(in millions of euros)
OPEN fuNDS
MANDATES/DEDICATED fuNDS
10,000
9,000
8,000
7,000
6,000
5,000
4,000
3,000
2,000
1,000
end 2002 140
43
end 2003 139
1,069
end 2004 3,094
944
end 2005 4,979
1,069
end 2006 5,804
1,343
end 2007 5,898
1,659
end 2008 4,496
3,091
end 2009 (*)
3,803
(*) BNP Paribas assets under management
at 31 december excluding Fortis, which had AuM
of around EUR 3 billion.
5,548
A wider range
of sRi products
in 2009, bnP Paribas investment Partners
broadened its range of products for institutional
investors, focusing on specific
areas:
— the bnP Paribas aqua fund, created
for bnP Paribas assurance, enabling
individuals to invest in water-related
companies;
— an environmental fund aimed at individuals
and institutional investors in
australia;
— two european equity-focused institutional
asset management mandates.
one of these portfolios is intended to
be marketed to the general public in
france;
— the bnP Paribas sélection ird
garantie 2015 structured fund,
where returns are linked to a basket
of 20 european stocks that have positive
csr ratings, aimed at our private
banking clients in france;
— two bond asset management mandates
obtained from major institutional
clients;
— an environmental asset management
mandate from a european
financial institution.
A continuing
commitment to sRi
principles for Responsible investment
as an asset management company that
has been a signatory to the Principles
for responsible investment since 2006,
bnP Paribas asset management offers
institutional and individual customers a
comprehensive and innovative range
of investment solutions that meet two
complementary objectives, i.e. compliance
with fundamental values and
long-term value creation.
bnP Paribas investment Partners follows
the Principles for responsible investment
(Pri) adopted by the united nations
environment Programme finance
initiative (uneP fi) and the global
compact. the Pris create a framework
for incorporating environmental, social
and governance (esg) issues into asset
management. Pris encompass six principles
in addition to around thirty possible
actions:
— incorporating esg issues into investment
analysis and decision-making
processes.
67 <strong>RepoRt</strong> on CoRpoRate SoCial and enviRonmental ReSponSibility
bnp paribas
launches
a green fund
in Australia
the environmental investment
approach focuses on the
environmental commitments
made by large companies.
bnp paribas investment
partners in Australia and
impax Asset management
have announced plans to
launch a local fund in which
investments will focus on the
environment and sustainable
development. impax
environmental markets trust
will invest in companies where
at least half of profits, revenue
or capital employed related
to environmental activities.
this is Australia’s first and
only fund dedicated to areas
like renewable energy, water
management and waste
management.
bnp paribas
investment
partners has
developed
an index
for companies
with small
carbon
footprints.
in late 2008, nYse euronext
launched the low carbon
100 europe ® index, which
identifies european
companies with small carbon
footprints. subsequently,
easyetf developed the first
exchange-traded fund based
on this index and listed on
euronext paris, called easyetF
low carbon 100. the low
carbon 100 europe ® index
measures the performance
of the 100 largest european
companies with the lowest
level of co 2 emissions
in their industry. these
companies’ co 2 emissions
are on average around
20% lower than those of the
300 largest-cap companies
in europe. the easyetf fund
developed by bnp paribas
Asset management enables
investors to gain exposure
to the equity market while
focusing on companies
with small carbon footprints.