BNP Paribas Easy Low Carbon 100 Europe PAB UCITS ETF

Issuer: BNP Paribas Asset Management

Asset Class: Equity

TER: 30

Trading Currency: EUR

Pays Income: False

Listing Date: 08 Oct 2025

Ticker: LCEU

ISIN: LU1377382368

The fund is engineered to provide investors with exposure to the performance of the Euronext Low Carbon 100 Europe PAB Net Total Return Index, less associated fees. This benchmark consists of 100 large-capitalization European companies selected from a broader index based on their exemplary low-carbon profiles. The strategy is explicitly aligned with the Paris-Aligned Benchmark (PAB) requirements, which mandate a significant reduction in greenhouse gas emissions intensity and a year-on-year decarbonization pathway, ensuring the portfolio is constructed to support the transition to a more sustainable, low-carbon economy.

The underlying index employs a rigorous selection methodology that prioritizes companies demonstrating strong performance in managing carbon emissions and those actively contributing to the energy transition. It systematically excludes businesses involved in controversial activities or those with significant exposure to fossil fuels. By overweighting climate leaders and underweighting laggards, the portfolio not only aims to reduce its carbon footprint but also to capture potential growth opportunities associated with decarbonization trends. This approach provides a diversified yet targeted investment in European equities with a strong environmental, social, and governance (ESG) overlay.

This investment vehicle is particularly suitable for individuals and institutions looking to integrate climate-conscious principles into their core European equity allocation. It appeals to those who wish to mitigate long-term climate-related financial risks while seeking to benefit from the innovation and growth of companies leading the charge towards a net-zero future. The structure offers a transparent and efficient means to gain exposure to a portfolio of companies that are well-positioned for the structural shifts driven by global climate policies and evolving consumer preferences.