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BNP Paribas Eyes China-Targeted Sustainable Fund
Editorial Staff
10 May 2018
investments” the firm was quoted by media was saying.
The bank, along with a number of its peers, is targeting areas such as investing so as to fulfil environmental, social and governance goals. This “ESG” approach is seen as driven by investor desire to achieve non-financial outcomes, such as cutting air pollution, child exploitation or corruption, as well as monetary returns. Late last year, BNP Paribas AM extended its ban on allowing tobacco in its investments, adding to existing exclusions of asbestos and “controversial” weapons. (See that article here.)