The Parvest Environmental Opportunities fund of BNP Paribas Investment Partners has received the LuxFLAG Environment Label, certifying that their fund's assets are invested in environmental and socially responsible sectors.
This is the first time that the Luxembourg Fund Labelling Agency (LuxFLAG), a governmental financial labelling agency, has awarded this label since it was first launched in June. This award demonstrates BNP Paribas Investment Partners' strong commitment to the environment sector while it also assures a high level of transparency to investors.
Parvest Environmental Opportunities is a global, small and mid-cap equity fund investing in companies specialising in clean technologies, including energy efficiency, pollution control, waste management and environmental services. Part of BNP Paribas Investment Partners, the fund has been managed by Impax Asset Management since its inception.