This article was first published by Environmental Finance, read the full article here.
Belgian banking and insurance services provider Belfius has partnered with Candriam Investors Group to launch a zero-net-carbon fund, that looks to offset the emissions of its holdings.
Belfius and Candriam apply a doubly "green" approach to what is to be known as the Belfius Equities CLIMATE fund: the carbon footprint of the strategy is neutral while it also invests in solutions which contribute to energy transition. Candriam and Belfius aim to neutralise the fund's emissions by financing ecological projects. Within this context, Candriam and Belfius have chosen to work with South Pole, an award-winning emission reduction project developer, offering a wide range of high-quality carbon offset projects around the world.