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 Quebec institution has surpassed its anti-climate change investment target and is in line with its CO2 emissions reduction target.
Over the past five years, the Caisse de Pensions de la Fonction Publique de Neuchâtel, or “Pré” for short, has had to manage no less than one merger, one recapitalisation, and one revision of its investment plan and asset allocation.

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