Amundi has announced a three-year responsible investment action plan that will see ESG analysis integrated across its entire €1.4trn fund range.
The firm currently has €280bn or 19% of its AUM invested in three areas of responsible investment, with plans to increase the application of its ESG policy to 100% of its fund management and voting practices by 2021. The three areas currently include giving issuers an ESG rating from A to G; dedicated funds with targeted investments to tackle climate change or finance energy transition and a dedicated €200m fund to support social and solidarity economy companies. From 2021, all actively managed funds will be required to offer ESG performance above the ESG rating of their respective be...
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