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The Group is now prohibited from investing in companies with more than 10% of sales (compared to 15% previously) linked to thermal coal. To go further, it is also committed to no longer invest in companies most involved in the development of new coal plants.
At the same time, CNP Assurances intends to continue to support the efforts of companies that prove their desire to stop thermal coal by redirecting their investments to other forms of energy.
CNP Assurances confirms, on the other hand, its target of reducing the carbon footprint of its equity portfolio by 47% to reach 0.25 teqCO2 / K € invested by the end of 2021[1]that of reducing the energy consumption of its real estate assets by 20% by 2020 and that of achieving € 5 billion in new investments in favor of the energy and ecological transition (TEE) by 2021.
The Group also had a target of reaching € 3bn in green investments by the end of 2018, an objective already achieved at the end of September 2018.
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