BNP Paribas REIM confirms its commitment with a new SRI-certified fund
The SRI (Socially Responsible Investment) label was launched in July 2020 by the French government so that investors can easily identify savings and property investment products that include ESG (Environmental, Social and Governance) criteria.
It is awarded for a three-year period, renewable with an annual review. The goal is to recognise funds that invest in the best assets in terms of environmental, social and governance performance, or those that implement sound management practices to improve the ESG performance of assets over time.
By obtaining this label, BNP Paribas REIM strives to provide its customers with socially responsible savings and property investment products. At BNP Paribas REIM, 85% of the funds open to the primary market currently have ambitious environmental targets and are compliant with Article 8 of the SFDR(2) (Sustainable Finance Disclosure Regulation). Moreover, all retail funds open to the public are SRI(1) labelled and comply with Article 8(2) of this regulation.
“BNP Paribas REIM is proud to have been awarded the SRI label for our HPF Europe fund. This recognition reflects our commitment to responsible investment. Now, we aim to demonstrate the positive environmental and social impact of this accreditation,” states Nehla Krir, Head of Transformation, Innovation & ESG for BNP Paribas REIM France.
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