Coverage by the proprietary ESG scoring system will be broadened out, from more than 12 000 entities currently to include sovereign risk. On stewardship, the focus will remain on climate disclosure and reporting, tackling climate-related lobbying and pushing for more board diversity.
As for responsible business conduct, the investment policy around coal will be implemented further. One aspect concerns enhanced carbon intensity expectations from the power sector.
Of course, BNPP AM will continue to “walk the talk.” This includes working towards a zero-waste target in buildings, reducing carbon emissions, and increasing gender diversity.
For more, watch the video with Jane Ambachtsheer
Any views expressed here are those of the author as of the date of publication, are based on available information, and are subject to change without notice. Individual portfolio management teams may hold different views and may take different investment decisions for different clients. The views expressed in this podcast do not in any way constitute investment advice.
The value of investments and the income they generate may go down as well as up and it is possible that investors will not recover their initial outlay. Past performance is no guarantee for future returns.
Investing in emerging markets, or specialised or restricted sectors is likely to be subject to a higher-than-average volatility due to a high degree of concentration, greater uncertainty because less information is available, there is less liquidity or due to greater sensitivity to changes in market conditions (social, political and economic conditions).
Some emerging markets offer less security than the majority of international developed markets. For this reason, services for portfolio transactions, liquidation and conservation on behalf of funds invested in emerging markets may carry greater risk.