BNP Paribas Easy ECPI Global ESG Hydrogen Economy UCITS ETF

Issuer: BNP Paribas Asset Management

Asset Class: Equity

TER: 30

Trading Currency: GBP

Pays Income: False

Listing Date: 05 Feb 2026

Ticker: BLGB

ISIN: LU2533813023

This financial instrument offers targeted exposure to the burgeoning hydrogen economy, a key pillar in the global transition towards cleaner energy sources. It aims to replicate the performance of an index composed of international companies that are actively engaged across the entire hydrogen value chain. This includes businesses involved in hydrogen production, storage, transportation, and the development of fuel cell technology. The investment strategy is designed for those looking to capitalize on the long-term growth potential of hydrogen as a sustainable energy carrier for various sectors, including transportation, industry, and power generation.

A distinguishing feature of this product is its integration of Environmental, Social, and Governance (ESG) criteria into the selection process. The underlying index systematically screens companies to ensure they meet specific ESG standards, excluding those with significant controversies or involvement in certain industries. This dual-focus approach appeals to investors who seek not only to participate in an innovative technological theme but also to align their portfolios with sustainability principles. By investing in a diversified basket of leading hydrogen-focused companies, the instrument provides a convenient and efficient way to gain exposure to this specialized market.

As a thematic investment, this product can serve as a satellite holding within a well-diversified portfolio, adding a focused growth component. It allows for participation in a forward-looking industry that is supported by significant government policies and corporate commitments aimed at decarbonization. The strategy of physically holding the underlying stocks offers transparency and direct ownership of the assets. The accumulating share class structure ensures that any dividends paid by the constituent companies are automatically reinvested, fostering the potential for compound growth over the long term.