BNP Paribas launches ‘blue economy’ ETF

Simon Smith, ETF Strategy

BNP Paribas launches ‘blue economy’ ETF
Photo by Matt Hardy on Unsplash

BNP Paribas has introduced an ETF providing exposure to companies that are representative of the so-called ‘blue economy’.

The BNP Paribas Easy ECPI Global ESG Blue Economy UCITS ETF has listed on Euronext Paris (BLUE FP) and Xetra (BJLE GY) and joins a growing family of sustainable investment products offered by the Paris-based issuer.

The fund is linked to the ECPI Global ESG Blue Economy Equity Index which tracks the equity performance of companies that demonstrate sustainable exploitation of ocean resources and responsible stewardship of the marine environment.

Index constituents are selected from a universe of developed market companies that exhibit positive environmental, social and governance (ESG) characteristics and are not materially involved in the armaments, tobacco, thermal coal, or unconventional oil and gas industries.

Learn more about this fund here

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