Banken for en verden i endring The bank for a ... - BNP Paribas

media.cms.bnpparibas.com

Banken for en verden i endring The bank for a ... - BNP Paribas

• relations with clients and suppliers / socially responsible investment

RESEARCh

ANd mANAGEmENT TEAmS

BNP Paribas Asset Management employs a

team of six non-financial analysts who work

closely with financial analysts, regularly exchanging

points of view on the companies and industries

they study. The results of financial and

non-financial analyses are systematically taken

into account by the asset managers in building

portfolios focusing on sustainable development

and corporate social responsibility.

A LEAdING pOSITION

ON ThE fRENCh mARkET

In recent years BNP Asset Management has

been developing its expertise in non-financial

analysis via a range of SRI products. The latest

studies by Novethic and Amadéis place

BNP Paribas Asset Management among the

top players in the sector in France in terms of

assets under management, and as the market

leader with regard to quality. Total mutual

funds and SRI mandates under management

as of 31 December 2006 amounted

to EUR 5.8 billion. These funds are geared

towards institutional investors and individual

clients.

A wAVE Of NEw INITIATIVES IN 2006

In 2006, a variety of initiatives confirmed

BNP Paribas Asset Management’s leading

position in socially responsible investment.

This leadership was reflected in its signing of

the Principles for Responsible Investment on

27 April 2006 in New York and then on 4 May

in Paris. The principles are the product of a

group of international experts and chief financial

officers, working under the aegis of the United

Nations Environment Programme Finance

Initiative (UNEP FI) and the Global Compact. The

PRI provides a framework which goes beyond

Responsible Social Investment. It concerns all

financial assets and recognises the importance

of environmental, social and governance (ESG)

issues in this sector in relation to responsibility

and to return on portfolios. The PRI encompasses

six principles and some thirty possible

actions:

• Incorporating ESG issues into investment

analysis and decision-making processes;

• Incorporating ESG issues into ownership policies

and practices;

• Seeking appropriate disclosures on ESG issues

by entities in which investments are made;

SRI asset inflows (in millions of euros)

Mandates/dedicated funds Open funds

140

43

End 2002

139

1,069

End 2003

3,094

944

End 2004

4,979

1,069

End 2005

5,804

1,343

End 2006

99 BNP PARIBAS AND ITS STAKEHOLDERS

More magazines by this user
Similar magazines