EGRO
•
Equity
BNP PARIBAS EASY ESG GROWTH EUROPE UCITS ETF - C
TER (bps):
31
AUM (USD m):
63
ISIN:
LU2244387887
Domicile:
Luxembourg
Share Class Currency:
EUR
ESG:
No
Geographical Focus:
Europe
As of:
06 Nov 2024
Climate Fund:
No
Benchmark
The BNP Paribas Growth Europe ESG Index is composed of European equities whose financial statements indicate strong growth based on fundamental data and an optimization methodology designed to capture the performance generated by the Growth factor, while taking into account an Environmental, Social and Governance (ESG) scoring and carbon footprint data. As a consequence, companies involved in disputable activities, subject to significant violations of the principles of the United Nations Global Compact or companies that have been involved in serious controversies related to the ESG are excluded from the index. The type of approach implemented here is Best-in-class (Best-in-class approach identifies leaders in each sector based on the best environmental, social and governance (ESG) practices (environmental opportunity, pollution and waste, human capital, corporate governance, etc.) , while avoiding those that present high levels of risk and do not comply with minimum ESG standards).