The ocean economy aims to support sustainable use of marine resources and to protect the ocean ecosystem.
Why the ocean economy?
The oceans cover 70% of the Earth’s surface and play a major role in our daily lives – in how we breathe, drink and eat, and so on. As the largest producers of oxygen, the oceans and coastal ecosystems also play a major role in absorbing CO2 emissions. Oceans also constitute a crucial economic resource.
Indeed, if the oceans were a country onto themselves, they would be the world’s seventh-largest economy, offering a plethora of investment opportunities in terms of growth and new jobs.
Despite all their vital benefits for living beings, the oceans are threatened by the effects of human activities, including global warming (acidification, rising sea levels and higher water temperatures, etc.), overfishing, depleted biodiversity, plastic waste, water pollution, and others.
Acting to protect the oceans is therefore tantamount to urgently capping our greenhouse gas emissions, to sustainably using the resources that they offer us, and to controlling our negative impacts in all marine ecosystems.
Because the earth’s future also depends on the seas
Supporting the marine ecosystem and preserving resources sustainably
The strategy aims to tap into the growth potential of the ocean economy and to help preserve the oceans themselves. To do so, the investment universe, consisting of about 250 companies, has been defined through two prisms:
- Sustainable use of the maritime ecosystem: aquaculture, fishing, transports, biotechnologies, infrastructures, renewable energies, tourism, healthcare, etc.
- Activities that contribute to restoring, preserving or maintaining the marine ecosystem, including waste management and water quality, carbon sequestration, etc.
Adopting a sustainable approach is one part of the strategy. This approach begins by defining the investment universe and then follows various stages, including filtering out poor practices, measuring impact, dialogue and engagement with companies, supporting foundations that help protect the oceans, and so on.
The main risks incurred by this strategy are the risk of loss of capital, equity risk, interest-rate risk, credit risk, and exchange rate risk. To find out more about the fund’s risk profile, please refer to its legal documentation.