By the end of 2021, all actively managed open-ended funds will have to maintain a higher ESG score than their benchmark index.
As of December 31, 2019, the Group achieved 50% of open-ended funds under ESG management with a higher score than their index.
In 2017, Amundi developed the goal of increasing the number of issuers covered by ESG ratings from 5,500 to 8,000. They achieved 8,000 in 2019 and intend to sustain above-market ESG ratings for all issuers and unlisted assets.
In 2018, Amundi developed the goal of doubling social and environmental targeted assets from €10 billion to €20 billion by the end of 2020.
As of December 31, 2019, Amundi had allocated €12 billion in targeted energy transition investments.
Organizational and methodological steps taken in 2019 will enable the Group to meet its stated objective of becoming 100% ESG in its ratings, management, and voting by the end of 2021.
As of December 31, 2019, energy transition and social cohesion priorities were included in all voting policies.
Amundi became a signatory to Climate Action 100+ in 2018, a 5-year commitment to work with “systemically important emitters” and other companies with significant opportunity to reduce emissions by 45% by 2030 compared with 2010 levels to meet net-zero targets.
By 2021, increase commitments to an economy based on social cohesion and solidarity by increasing the Finance et Solidarité fund from €200 million to €500 million in assets under management.
As of December 31, 2019, the Finance et Solidarité fund’s €257 million in assets under management have been directed towards social cohesion and solidarity.
Recognizing it will take alignment of all our organizations to scale impact globally, we invite you to join the movement as a Steward of Inclusive Capitalism. Together, the collective action of Council members will contribute to a fairer, more inclusive and sustainable future for all people and our planet.