Prevaal Finance, an asset management company authorized by the Autorité des Marchés Financiers, and Axylia (a specialist firm in responsible finance and creator of the Axylia Carbon Score), have jointly announced the launch of the Prevaal Axylia Carbon Score Europe Equity fund. This fund represents the first institutional application of the Axylia Carbon Score as the sole selection criterion for a portfolio of European equities, thereby combining financial strength with extra-financial forecasting.

The initial investors already include players committed to a long-term investment approach aligned with their values.

Available as of today through securities accounts, the fund has been selected by several online financial platforms and will soon be available within life insurance contracts.

"While 76% of French people believe that the impact of investments on the quality of our environment is an important issue, 44% find responsible investment products opaque and difficult to navigate*. This fund was specifically designed to solve this problem and provide investors with the clarity and rigor** they are entitled to expect regarding the climate issue, which is the existential challenge of the 21st century," stated Olivier Gourragne, Chairman of Prevaal Finance.

In 2019, Axylia launched the Carbon Score to provide an objective analysis of carbon risk and corporate decarbonization commitments.

"The Axylia Carbon Score, launched in 2019 and already adopted by numerous companies such as LVMH or the RATP Group, is a financial indicator rather than yet another ESG rating principle. Its logic is simple, robust, and radically transparent: if a company had to pay for the entirety of its carbon emissions, would it still be profitable? With the launch of this fund, we aim to make this methodology accessible to both institutional and retail investors," explained Vincent Auriac, President of Axylia.