SSA : The ESG screen excludes non-democratic countries, those where freedom is infringed as rated by Freedom House, and countries poorly rated by Transparency International.
We do not invest in tax havens and countries under embargo.
For our screening strategy, we exclude anti-personnel mines and cluster munition manufacturers. We exclude companies that do not respect the Global Compact and we do not invest in mining companies companies that derive more than 15% of their turnover from coal as well as utilities with over 15% of coal-sourced power plants. We also exclude countries that are considered as sensitive (see SSA).
CNP Assurances has made contributing to the environmental and energy transition a strategic priority. In late 2017, the Group devoted €1362 million in green bonds.