Biodiversity
We strongly believe that biodiversity is essential for the well-being of human societies and are committed to preserving it through several levers: the exclusion of certain companies from our investment universe, shareholder engagement and support for relevant charities.
Our biodiversity levers
1. Exclusion policy
Since 2019, certain companies have been excluded from the group’s investment universe because of their harmful impact on biodiversity.
2. Shareholder engagement
LBP AM exercises its responsibility as a shareholder by engaging in dialogue with companies on the issues they encounter, in order to support them in their transition. LBP AM also encourages companies to define a detailed strategy, based as far as possible on market benchmarks, and to submit it to a vote.
3. A specific fund
Launched in 2022, Tocqueville Biodiversity SRI finances companies that develop solutions aimed at preserving biodiversity and natural capital in four key areas: sustainable agriculture and food, the circular economy and green buildings.
4. Integration of biodiversity criteria into investment strategies
LBP AM is committed to systematically integrating biodiversity criteria into the analysis and selection of assets using our proprietary non-financial rating methodology GREaT. It also monitors and publishes the biodiversity footprint of investments.
5. Advocacy actions
LBP AM supports regulatory initiatives that encourage companies, including financial firms, to adopt policies aimed at preserving biodiversity, while also promoting a more stringent global framework for managing biodiversity.
Member of a global initiative
As signatories since 2021 of the [Finance for Biodiversity Pledge], which includes around 100 international financial institutions, LBP AM is committed to:
- Sharing knowledge with other investors
- Measuring its impact on biodiversity
- Setting targets for reducing this impact
- Engaging in dialogue with investee companies on biodiversity
- Reporting publicly on its actions