Climate


Convinced that investors have a role to play in building a sustainable future, we have set an ambitious target: 80% of our total assets will be aligned by 2030 with a decarbonization target compatible with the objectives of the Paris Agreement. 
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Levers for deployment

1. Responsible
shareholders

LBP AM supports companies of which it is a shareholder in their decarbonisation trajectory, in both defining that trajectory and enhancing the ones they have already begun. This exacting shareholder dialogue targets compliance with a +1.5° scenario.

2. Excluded investments & argeted-selection strategy

LBP AM excludes from its investments companies whose revenues are more than 20% exposed to non-conventional energies, as well as those companies that have not yet begun their energy transition. 
BP AM has also developed a complex analytical tool that integrates greenhouse gas reduction targets, business model changes and consistent governance for the assets selected.

3. A consistent and diversified offering

Through various funds, including LBPAM ISR Actions Environnement, Tocqueville Global Climate Change ISR and the LBPAM Infrastructure Debt Climate Impact Fund, the LBP AM Group contributes to financing energy transition solutions. More generally, all our funds are committed to a decarbonization process, with the aim of achieving a trajectory compatible with the objectives of the Paris Agreement by 2030.

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Getting ready for a post-fossil fuel world

LBP AM's fossil fuel investment policy is based on two principles:

  • reducing risks incurred by carbon energy assets, either by directly reducing exposure or by optimising the choice of companies and sectors for the portfolio;
     
  • promoting the energy transition, by supporting companies engaged in the transition or by expanding investments in companies that are developing solutions.

Expanding exposure to companies involved in decarbonating energy supplies (coal, oil and natural gas) is a first step, before more specifically targeting sectors that are heavy energy consumers.


 

Robust tools

LBP AM has developed robust analysis and evaluation tools (alignment, sustainability) to help it achieve its ambitious targets, backed by the acquisition of external databases tracking companies' climate performance. In addition, companies' climate targets are verified and validated by an external body (the SBT initiative, Science Based Targets) to ensure that they are compatible with the CO2 emission reduction scenarios required to meet the objectives of the Paris Agreement.

building