Global ESG Podcast

Could France's new ESG ruling lead to divestments from the energy sector?

  • By Ehsan Khoman
  • Jan 26, 2024
  • esg

Pan-European funds claiming to invest on a ESG basis may need to sell all their fossil fuel holdings following a ruling by the French government. The move could lead to billions of euros worth of forced divestments over the course of 2024.

Ehsan Khoman, Head of Research – Commodities, ESG and Emerging Markets (EMEA), contextualises the update to France’s ISR fund label rule that restricts fossil fuel investments and aims to address greenwashing concerns.

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