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 10% ( since the end of 2018) of their turnover from coal as well as utilities with over 15% of coal-sourced power plants. We no longer invest in the companies most involved in the development of new coal 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 2019, the Group devoted €2,000 million in green bonds..