Finance for Tomorrow announces the launch of “Investors for a Just Transition”: the first global investor engagement coalition on the just transition. Bringing together asset managers and asset owners of the French financial ecosystem, along with corporates, the coalition aims to promote a socially acceptable transition to low-carbon economies.
Encourage companies to integrate the Just Transition into their environmental strategy through regular dialogue with them
Promote best practices in the sectors most affected by the environmental transition
Facilitate collaboration between investors and businesses
The Coalition objectives
The objectives of the Coalition are three-fold:
At this stage, the Coalition gathers French asset managers and asset owners, and joins forces with companies, labor unions, associations, and data providers to ensure multi-stakeholder dialogue.
Initiated by Finance for Tomorrow, the coalition currently represents 3.6 trillion euros and includes Amundi, Aviva France, AXA & AXA Investment Managers, Caisse des Dépôts, CNP Assurances, CPR Asset Management, Eiffel, ERAFP, La Banque Postale Asset Management, ODDO BHF Asset Management, Rothschild & Co Asset Management Europe, and SCOR Investment Partners among its founding members. Major players such as the Principles for Responsible Investment (PRI) have also joined the coalition as observers.