Amundi S&P 500 Climate Paris Aligned

ETF description

This ETF provides exposure to large U.S. companies while considering climate‑related factors. It selects companies from a well‑known stock market index but adjusts their weighting based on how they align with climate goals. The ETF follows a framework designed to support the transition to a lower‑carbon economy, aiming to reduce exposure to businesses with high greenhouse gas emissions while increasing representation of those actively working to lower their environmental impact.

The companies included in this ETF come from a variety of industries, offering a broad view of the U.S. stock market while focusing on businesses that meet specific climate‑focused criteria. It follows guidelines that aim to align with international climate agreements, which means that the companies it invests in may change over time as businesses improve or fail to meet these standards.

This ETF may appeal to investors who want exposure to major U.S. companies but prefer an approach that considers environmental impact. Since it applies climate‑related criteria, its makeup may differ from a traditional U.S. stock market fund.

Issuer details

Amundi Asset Management is the largest asset manager in Europe, with over €2 trillion in assets under management as of June 2024. Amundi offers a comprehensive range of investment products, including ETFs, mutual funds, active management, and alternative investments, covering a wide array of market segments such as equities, fixed income, multi‑asset, alternatives, and ESG (Environmental, Social, Governance). Founded in 2010 through the merger of the asset management arms of Crédit Agricole and Société Générale, Amundi has a strong commitment to ESG investing and innovation, striving to deliver cost‑efficient solutions to its clients. With an extensive global presence, Amundi’s notable ETFs include the Amundi MSCI World UCITS ETF and the Amundi Prime Global UCITS ETF, highlighting its dedication to providing diversified and sustainable investment options.

Index details

The S&P 500 Net Zero 2050 Paris‑Aligned ESG+ Index in an equity index that measures the performance of eligible equity securities from the S&P 500 Index selected and weighted to be collectively compatible with a 1.5°C global warming climate scenario. It incorporates a broad range of climate‑related objectives covering transition risk, climate change opportunities and physical risks.