BNP Paribas AM to launch ESG Equity Mutual Fund
JAKARTA. PT BNP Paribas Asset Management (AM) officially introduces ESG Equity Mutual Fund to the public with an intention of driving investors’ participation in creating sustainable and inclusive economic system.
Priyo Santoso, President Director of BNP Paribas Asset Management, claimed that investors’ participation is vital in attaining sustainable development goals (SDGs) through low-carbon energy transition, environmental stability, as well as equality and development. “This mission is then reflected through the implementation of ESG methodology in our ESG-based mutual fund,” he explained in the press release quoted Wednesday (24/5).
According to Santoso, the method of investment selection applied in this ESG Equity Mutual Fund could be referred back to the company’s guides and principles of global ESG integration. The investment management team will integrate several ESG factors that are relevant to decision-making processes in investment.
Investors are encouraged to monitor the contribution of their investments on ESG factors through this mutual fund. The indicators include ESG scores and carbon footprints of the mutual funds.
According to Santoso, the unique point of this ESG Equity Mutual Fund is the transparent and regular measuring results shown in monthly fund fact releases. (LK/ZH)