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BNP Paribas Easy launches fossil free ETF on Xetra

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BNP Paribas Easy has launched a new fossil-free ETF on Xetra and Börse Frankfurt aimed at investors looking for investment opportunities with sound ESG credentials.

The BNP PARIBAS EASY EUR Corp Bond SRI Fossil Free UCITS ETF Acc provides investors exposure to around 400 euro-denominated investment grade bonds, selected using environmental, social and governance (ESG) criteria. In addition, the ETF excludes companies involved in fossil fuels activities, one of the most carbon-intensive areas.
 
The underlying index for the new fund is the Bloomberg-Barclays MSCI Euro Corp SRI Sustainable Reduced Fossil Fuel Index.

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