In June 2019, CNP Assurances was the first European issuer in the insurance sector to publish a framework document for the
issuance of green bonds.
The situation is excellent. The market is rallying led by a government sanctioned rally in China. Our constructive thesis is validated after a period of noise in the equity market led by a US spike in Covid-19 cases. This is excellent and precisely why we need to worry.
According to Thierry Dissaux, Chairman of the French Deposit Insurance and Resolution Fund (FGDR), for its next call for equity offers, the FGDR should select an ETF equity index excluding companies with controversial governance and those with a significant share of their turnover linked to the exploitation of coal ...
A year to the day following the Paris financial marketplace declaration for green and sustainable finance,
CNP Assurances has adopted a definitive thermal coal exit plan : through this, it is committed to achieving
zero exposure to thermal coal in its investment portfolio by 2030 in European Union and OECD countries,
and by 2040 in the rest of the world.