French pension fund giant quickens coal divestment drive

France
On the 11.14.19 at 6:10PM

by

Tuba Raqshan

The Établissement de Retraite additionnelle de la Fonction publique (ERAFP), the first French public pension fund, will be divesting from companies whose turnover from thermal coal-related activities exceeds 10% of the turnover.
Pixabay

The French public pension fund, which has €33bn in assets, is divesting from coal, by ensuring exposure limitations on companies in this highly polluting sector.

Sign in

Get free Access

Get free Access

Agefi Event

Tuesday, 10 December 2019
Frankfurt

AFTER BREXIT, CONTINENTAL FINANCE WILL AFFIRM ITS MODEL