BIODV
•
Equity
BNP PARIBAS EASY ESG EUROZONE BIODIVERSITY LEADERS PAB UCITS ETF
TER (bps):
36
AUM (USD m):
49
ISIN:
LU2446381555
Domicile:
Luxembourg
Share Class Currency:
EUR
ESG:
No
Geographical Focus:
Eurozone (EMU)
As of:
12 Nov 2024
Climate Fund:
Yes
Benchmark
The Euronext ESG Eurozone Biodiversity Leaders PAB index selects the 30% top ranked company per ICB Super Sector included in Euronext Eurozone 300 index in term of biodiversity score (CBF) as provided by Iceberg Data Lab - after exclusion of companies involved in UNGC controversies, controversial weapons, tobacco, coal, fossil fuel and among the 20% worst ESG score as assessed by Moody’s ESG. Index weights are constructed using an optimization process that aims to achieve the PAB decarbonization objectives while minimizing the sectorial weights’ deviation relative to the Index Starting Universe. Euronext ESG Eurozone Biodiversity Leaders PAB index meets the requirement of the "EU Paris-aligned Benchmarks'' (PAB). The index serves as an underlying for structured products, funds and exchange traded funds.