Governance

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.

With an investment portfolio of more than €300 bn, CNP Assurances continues to strengthen its responsible investor approach to take into account the impact of its investments on society and the environment. In its report on responsible investment, the Group details its investment strategy and announces its withdrawal from tobacco by signing up to the Tobacco-Free Finance Pledge.

Government recovery plans must lay the foundations for an irreversible shift to a resilient, net-zero and inclusive world economy.

Need for green investments is crucial: current pandemic shows responsible investors in emerging markets can collaborate with issuers through green bonds to unlock long-term capital and help issuers become more resilient for shocks to come

The reaction to the virus outbreak was not one of denial at Nordic governments. The responses have been decisive, swift and wide to contain the first fall outs. Let’s take a firm look in the rear–mirror on what the Nordic countries looked like when the crises set in.