BNP Paribas Easy ECPI Global ESG Blue Economy UCITS ETF EUR (BLUE)

Profile

https://oci-global.com

BNP Paribas Easy ECPI Global ESG Blue Economy UCITS ETF EUR is an exchange-traded fund that tracks the ECPI Global ESG Blue Economy Index, comprising 50 equally weighted companies from global developed markets leading in the sustainable utilization of ocean resources. Launched in September 2020 and domiciled in Luxembourg, this accumulating ETF reinvests dividends to enhance share price growth, with a total expense ratio of 0.31% p.a. and currency unhedged in euros. It emphasizes environmental, social, and governance (ESG) criteria, aligning with Article 8 of the EU Sustainable Finance Disclosure Regulation by promoting environmental and social characteristics. The index categorizes holdings into ocean clusters such as coastal livelihood (e.g., coastal protection, eco-tourism), energy and resources (e.g., offshore wind, marine biotech), fish and seafood (e.g., aquaculture), pollution reduction (e.g., recycling, environmental services), and shipping lanes (e.g., container shipping). With assets under management around €102 million, it plays a key role in thematic investing, enabling exposure to the blue economy sector focused on economic growth, improved livelihoods, job creation, and ocean ecosystem health.