Amundi, Europe's largest asset manager, and the leading European ETF provider, has strengthened its ETF offering for investors looking to tackle climate change.
Having provided investors with one of the very first ranges of ETFs tracking SRI ex Fossil Fuel indices in 2020, Amundi has now made this range of nine ETFs even more climate conscious. Effective 1st March 2022, the entire range – which accounts for more than 12 billion euros overall in assets under management (up 120% compared to one year ago) – tracks the MSCI SRI Filtered PAB indices.
The range will be in line with the criteria of the EU’s Paris-Aligned Benchmark (PAB) climate indices, which were, in accordance with the most ambitious objectives of the Paris Agreement, designed to support a Net-Zero world by 2050 and limit the global average increase in temperature to 1.5°C. The new indices replicated by these Amundi ETFs follow a trajectory of a 7% absolute carbon emissions reduction on an annual basis and integrate an immediate reduction of 50% of the carbon intensity compared to the investable universe.
Amundi offers one of the widest and most cost-efficient range of ETFs which track SRI PAB indices, with a comprehensive product offering across multiple geographical areas (EMU, Pacific Ex-Japan, UK IMI, EM Asia)3.
In addition, the indices tracked by four other Amundi ETFs have also been changed to integrate climate criteria. These ETFs now track MSCI ESG Broad CTB Select indices, which were built in line with the objectives of the EU’s Climate Transition Benchmark (CTB) indices.
Arnaud Llinas, Head of ETF, Indexing & Smart Beta at Amundi, said: “ETFs are reliable tools enabling all types of investors to access sustainable investing in a transparent, simple and cost-effective way. With this latest evolution within the range, Amundi ETF reaffirms its strategic commitment to facilitating investors’ ESG & Climate transition”.
- Source: Amundi, as at 31/12/2021.
- Refers to EU climate benchmark indices.
- Source: Amundi ETF, Indexing & Smart Beta, Bloomberg, as at 31/01/2022.
Amundi, the leading European asset manager, ranking among the top 10 global players, offers its 100 million clients - retail, institutional and corporate - a complete range of savings and investment solutions in active and passive management, in traditional or real assets.
With its six international investment hubs, financial and extra-financial research capabilities and long-standing commitment to responsible investment, Amundi is a key player in the asset management landscape.
Amundi clients benefit from the expertise and advice of 5,300 employees in more than 35 countries. A subsidiary of the Crédit Agricole group and listed on the stock exchange, Amundi currently manages more than €2.0 trillion of assets.
Amundi, a trusted partner, working every day in the interest of its clients and society
- Source: IPE “Top 500 Asset Managers” published in June 2021, based on assets under management as at 31/12/2020
- Boston, Dublin, London, Milan, Paris and Tokyo
- Consolidated internal Amundi and Lyxor workforce as at 01/01/2022
- Amundi data including Lyxor as at 31/12/2021