JAKARTA - PT BNP Paribas Asset Management (AM) is targeting companies or issuers in the capitalmarket that implement sustainability policies as investment portfolios through the Environment SocialGovernance (ESG) Equity mutual fund product. This criteria reflects the support of the assetmanagement company towards environmental sustainability programs, aiming for net-zero emissions by2060.

Priyo Santoso, President Director of PT BNP Paribas AM, highlighted the uniqueness of the ESG Equity mutual fund in the selection of bond and equity investments, considering environmental, social, and governance criteria. "For environmental aspects, we focus on energy transition issues and stability tools," he told idnfinancials.com in Jakarta.

He stated that they will evaluate the role of companies in implementing energy transition policies. For instance, transitioning from carbon-emitting energy sources to environmentally friendly options such as solar power, micro-hydro, or electricity. The use of green energy will have an impact on the futurestability of the environment.

Environmental changes will affect social and economic issues. "That's why, in addition to energytransition and environmental stability, we pay close attention to social issues," he said.Furthermore, he emphasized the assessment of investment fund management in companies" handling ofsocial issues, including equality and inclusive growth. "Therefore, we must consider companies that prioritize social issues in their efforts," he added. (LK/W)