Two BNP Paribas Asset Management thematic ETFs adopt ESG indices

April 20, 2020

BNP Paribas Asset Management (‘BNPP AM’) confirms its commitment to responsible investment through the adoption of ESG[1] indices on global infrastructure and European small cap ETFs.

The changes, which take effect from 20 April 2020, relate to two ETFs[2] listed on Euronext Paris and Xetra:

  • BNP Paribas Easy ECPI Global ESG Infrastructure UCITS ETF
  • BNP Paribas Easy MSCI Europe Small Caps SRI[3] S-Series 5% Capped UCITS ETF


BNP Paribas Easy ECPI Global ESG Infrastructure UCITS ETF is the first infrastructure ETF to incorporate ESG criteria, tracking the performance of a global basket of 100 listed companies with the highest ESG ratings in the infrastructure sector.  These companies, each with a market capitalisation of more than EUR 500 million, are selected on the basis of financial and extra-financial criteria and are categorised into one of six themes: communication, energy, transport, waste management, water and social infrastructure.

BNP Paribas Easy MSCI Europe Small Caps SRI S-Series 5% Capped UCITS ETF is the first small cap ETF to adopt an ESG approach, tracking the performance of approximately 200 small caps selected according to MSCI's SRI methodology.




Distribution Policy

Annual Ongoing Charge*



BNP Paribas Easy ECPI Global ESG Infrastructure UCITS ETF






BNP Paribas Easy MSCI Europe Small Caps SRI S Series 5% Capped UCITS ETF






* Source: BNP Paribas Asset Management, as at 20 April 2020

Synthetic Risk and Reward Indicator (on a scale of 1 (lower risk) to 7 (higher risk)); the higher the risk, the longer the recommended investment horizon

Management Company: BNP Paribas Asset Management Luxembourg


Isabelle Bourcier, BNPP AM's Head of Quantitative and Index Management, comments: “BNPP AM continues to improve its fund range in terms of sustainable investment and confirms its leading position as ESG ETF provider in Europe.  We pioneered the launch of responsible ETFs, particularly with the launch of the first low carbon ETFs as early as 2008, on the circular economy in 2019 and on responsible listed real estate in 2019.  Our clients increasingly want to integrate a responsible approach into their savings, which is how we are adapting our range.  This ambition is fully in line with our Global Sustainability Strategy.”


The BNP Paribas Easy ETF range is also the first range of ETFs to have obtained the French government’s SRI label for several of its funds.

BNP Paribas Easy is a Luxembourg SICAV that complies with Directive 2009/65/EC.  Investments made in the funds are subject to market fluctuations and the risks inherent in investments in transferable securities.  The value of investments and the income they generate may go down as well as up and investors may not get back the full amount invested.  The funds described present a risk of capital loss.  For a more complete definition and description of risks, please refer to the prospectus and KIID of the fund available free of charge on our website:  Past performance is not an indication of future performance.



  1. ^ [1] Environmental, Social and Governance
  2. ^ [2] Exchange-Traded Fund
  3. ^ [3] Socially Responsible Investment

BNP PARIBAS ASSET MANAGEMENT UK Limited, “the investment company”, is authorised and regulated by the Financial Conduct Authority.  Registered in England No: 02474627, registered office: 5 Aldermanbury Square, London, England, EC2V 7BP, United Kingdom.

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Whilst the BNP Paribas Easy ECPI Global ESG Infrastructure Equity UCITS ETF and BNP Paribas Easy MSCI Europe Small Caps SRI  S-Series 5% Capped UCITS ETF described herein have been established as UCITS (in accordance with the UCITS Directive) in Luxembourg, the Funds have not been registered in the UK.  Therefore the promotion of these Fund and the distribution of this document in the UK are accordingly restricted by law.

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As at April 2020.