For the environment and society

For the environment
and society

Our value proposition

Promoting a fair transition

As the European leader in responsible investment, we are constantly innovating to offer solutions that are ever more consistent with our clients’ expectations on social and sustainability issues, contributing to the transition towards an economy that is more respectful of social and environmental balance.

Promoting a fair transition

As the European leader in responsible investment, we are constantly innovating to offer solutions that are ever more consistent with our clients’ expectations on social and sustainability issues, contributing to the transition towards an economy that is more respectful of social and environmental balance.

3 questions for

Federico Baroncelli, ESG Investor Relations Manager, Enel

What role do you think shareholders such as Amundi can play to support companies in their race to Net Zero?

Shareholders are the owners of companies they are invested in. We believe that, as such, they have the possibility and the responsibility to engage with companies to make sure their strategies are aligned with the goals of the Paris Agreement. For us it is valuable and reassuring to have investors like Amundi that set energy transition and social cohesion as priorities and share their requirements in terms of ambitions, scope and disclosure. It shows we can count on shareholders’ support in our transformation towards a Net Zero model.

Enel has embraced Science-based emissions targets. What does this mean for investors ?

Enel, which operates globally through an integrated business model that encompasses electricity generation, distribution and sale to final customers, has set a reduction target for its direct GHG emissions certified as 1.5°C compliant by the SBTI.(1) This ensures that we are doing our full share in reducing the roughly 40% of CO2 emissions caused by electric utilities globally. Investors can thus be confident that our target is ambitious as well as based on science.

 

(1) Science Based Targets Initiative

How does Net Zero balance with other priorities ?

At Enel, we see sustainability as closely linked to value creation. We are decarbonising generation with the phase-out of legacy coal plants, replacing them with more profitable investment in renewables. Meanwhile, we are helping other industries curb emissions through electrification. Our plan to 2030 provides for the deployment of around 100 GW of new renewable capacity that will generate value for all our stakeholders, including shareholders.

What role do you think shareholders such as Amundi can play to support companies in their race to Net Zero?

Shareholders are the owners of companies they are invested in. We believe that, as such, they have the possibility and the responsibility to engage with companies to make sure their strategies are aligned with the goals of the Paris Agreement. For us it is valuable and reassuring to have investors like Amundi that set energy transition and social cohesion as priorities and share their requirements in terms of ambitions, scope and disclosure. It shows we can count on shareholders’ support in our transformation towards a Net Zero model.

Isabelle Vic-Philippe

Deputy Head of Aggregate and Head of Euro Aggregate, Amundi

 

“Amundi Social Bonds is one of the first investment solutions to offer an allocation primarily in social bonds, the market segment posting the strongest growth within the sustainable bond universe in recent months. This financial instrument is suited to financing social projects without compromising returns. Amundi Social Bonds thus expands our responsible investment bond offering, while also supporting the development of the emerging social bond market.”

Thierry Vallière

Head of Private Debt, Amundi

 

“We have designed this 4th vintage of the Amundi Senior Impact Debt fund IV with the same investment philosophy as its predecessor (III). It is dedicated to financing French and European mid-market companies that have demonstrated robust performance and a real capacity to rebound. Amundi Senior Impact Debt IV will focus on pure senior debt, with a special emphasis on ESG criteria. The fund, which raised €650 million at launch in September 2021, stood at €725 million at end December 2021.”

Brune Poirson

Chief Sustainability Officer, Accor

 

“Amundi and Accor have joined forces to protect the world’s oceans by adopting the Ocean Framework. Accor is the first company to commit to this framework, established with the help of Amundi, as part of a dedicated reporting effort and strategy. As a global hospitality provider, we consider it our duty to place ocean protection at the core of our biodiversity policy. To do so, we need both a clear strategy and a robust reporting framework.”

Key facts

The IFC and Amundi to support a green, resilient and inclusive recovery

In November 2021, the International Finance Corporation (IFC), a member of the World Bank Group, and Amundi announced plans for the launch of a new bond fund to support a green, resilient and inclusive recovery. The fund, built around the Build Back Better Emerging Markets Sustainable Transaction Bond (BEST) strategy, will channel up to USD 2 billion of private investment into sustainable emerging market bonds. The BEST strategy will contribute to fulfilling IFC’s commitments under the World Bank Group’s Climate Change Action Plan. ‘We are proud to continue developing our partnership with IFC following the success of the Amundi Planet Emerging Green One programme launched in 2018,’ commented Valérie Baudson, CEO of Amundi.

CPR AM launches a climate theme focused on the hydrogen sector

CPR AM continues to innovate, with a new thematic investment strategy in international equities dedicated to the hydrogen sector launched at the end of 2021. CPR AM firmly believes that hydrogen will play a key role in energy transition. By 2050, hydrogen is expected to account for 17% of energy demand and reduce greenhouse gas emissions by a third. The investment universe of CPR Invest – Hydrogen comprises some 260 stocks. CPR AM’s climate expertise now covers more than €2 billion of assets under management which contribute to making the transition to carbon neutrality a reality.

BFT IM launches the BFT France Emploi SRI impact fund

BFT Investment Managers (BFT IM) has made ‘Investing in France’ a central tenet of its medium to long-term offerings. In addition to BFT France Futur SRI, which targets mainly French SMEs, BFT IM launched BFT France Emploi SRI in June 2021. This impact fund, invested mainly in large French companies with the capacity to significantly influence employment, is backed by an SRI label and conducts annual engagement campaigns with multiple companies in its portfolio. The fund also donates 5% of its management fees to non-profits working to promote employment.

1,000

 

The number of additional companies Amundi is committed to engaging in continuous dialogue on climate with by 2025.