AXA IM launches biodiversity equity strategy

The AXA WF ACT Biodiversity fund will follow AXA's listed active equity investment process and apply ESG exclusions, such as weapons producers, tobacco, defence and "low ESG quality", as well as sector exclusions, including controversial weapons and those that negatively impact ecosystem protection. AXA's proprietary impact framework will analyse companies, focusing particularly on their products and services. "We believe companies who address their impact on the planet and contribute to preserving and restoring biodiversity will achieve stronger earnings growth and superior sharehold...