SRI label: French finance ministry unexpectedly excludes fossil fuels
>Fossil fuels: Finance ministry is more catholic than the Pope - The French Economy and Finance minister announced on Tuesday 7 November the new outlines of the SRI label. Against all expectations, the finance ministry has decided to maintain, and even to tighten, the exclusion criteria applicable to oil and gas companies. The ministry’s press release states that “the eligibility of funds will exclude companies that exploit coal or unconventional hydrocarbons, as wel...
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