Echiquier Climate & Biodiversity Impact Europe, 3 years already

Echiquier Climate & Biodiversity Impact Europe,^[1] a conviction fund dedicated to the climate transition and biodiversity, celebrates its third anniversary on 15 December 2023.

This pioneering impact fund,^[2] managed by Adrien Bommelaer, Paul Merle and Luc Olivier, CFA,^[3] has a dual objective: achieve financial performance while making a positive impact on climate and biodiversity. It stands out for its unique and pragmatic positioning, which aims to involve all players in the economy and as such to support the solution providers, the pioneers in all sectors, but also those that have been overlooked in the transition, whose carbon or biodiversity footprint is significant, but which are engaged in a profound transition to a low-carbon model. Our commitment to those companies is stronger.

This fund, which has the French SRI label and is classified as Article 9^[4] under the SFDR, selects European companies on the basis of their financial prospects, the quality of their ESG profile and their maturity with regard to climate challenges and the preservation or restoration of biodiversity. Its robust and innovative proprietary methodology allows companies to be assessed on climate governance, climate commitment, biodiversity and just transition.

Three years after its launch, Echiquier Climate & Biodiversity Impact Europe has already achieved successes in terms of tangible commitments and, with almost €100 million in assets under management, continues to meet its two environmental impact targets: average temperature of portfolio stocks in line with the Paris Agreement, and carbon footprint below that of its benchmark. At the end of November, the fund’s average temperature was 1.8°C^[5] and its carbon footprint was almost half that of its benchmark.^[6]

Echiquier Climate & Biodiversity Impact Europe’s 2022 Annual Impact Report, which reflects the paramount importance we place on transparency, reports on the impact generated by the companies in the portfolio, as well as at fund level.

^[1] The fund is exposed to the risk of capital loss, equity risk, small and mid-cap investment risk, currency risk and discretionary management risk.

^[2] Investors should note that their investment in the sub-fund does not generate a direct impact on the environment or the company, but that the sub-fund seeks to select and invest in companies that meet the specific criteria set out in the management strategy.

^[3] The management team may change over time. For more information about the composition of the team go to: www.lfde.com.

^[4] The decision to invest in the promoted fund should not be based solely on its non-financial approach; the fund’s other features and particularly its risks – as described in the prospectus – should also be taken into account.

^[5] This is in line with the Paris Agreement objective of keeping the increase in global temperature well below 2°C by 2100 compared with pre-industrial levels, and continuing efforts to limit this increase to 1.5°C.

Echiquier Climate & Biodiversity Impact Europe, 3 years already

[1] The fund is exposed to the risk of capital loss, equity risk, small and mid-cap investment risk, currency risk and discretionary management risk.

[2] Investors should note that their investment in the sub-fund does not generate a direct impact on the environment or the company, but that the sub-fund seeks to select and invest in companies that meet the specific criteria set out in the management strategy.

[3] The management team may change over time. For more information about the composition of the team go to: www.lfde.com.

[4] The decision to invest in the promoted fund should not be based solely on its non-financial approach; the fund’s other features and particularly its risks – as described in the prospectus – should also be taken into account.

[5] This is in line with the Paris Agreement objective of keeping the increase in global temperature well below 2°C by 2100 compared with pre-industrial levels, and continuing efforts to limit this increase to 1.5°C.

[6] Carbone4Finance data.

^[1] The fund is exposed to the risk of capital loss, equity risk, small and mid-cap investment risk, currency risk and discretionary management risk.

^[2] Investors should note that their investment in the sub-fund does not generate a direct impact on the environment or the company, but that the sub-fund seeks to select and invest in companies that meet the specific criteria set out in the management strategy.

^[3] The management team may change over time. For more information about the composition of the team go to: www.lfde.com.

^[4] The decision to invest in the promoted fund should not be based solely on its non-financial approach; the fund’s other features and particularly its risks – as described in the prospectus – should also be taken into account.

^[5] This is in line with the Paris Agreement objective of keeping the increase in global temperature well below 2°C by 2100 compared with pre-industrial levels, and continuing efforts to limit this increase to 1.5°C.

^[6] Carbone4Finance data.