French pension fund giant quickens coal divestment drive

On the 11.14.19 at 6:10PM


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.

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

Sign in