Ostrum AM joins the “Investors for a Just Transition” coalition
Ostrum AM has joined the “Investors for a Just Transition” coalition announced in June by Finance For Tomorrow, the Paris financial market’s sustainable finance initiative.
On June 30, 2021, Finance For Tomorrow announced the launch of the first global coalition of engagement to support the just transition – Investors for a Just Transition. This initiative brings together asset managers and holders from the financial ecosystem to promote a socially acceptable transition to low-carbon economies.
The coalition pursues three main goals:
- Engagement campaigns with companies to ensure a continuous dialogue with coalition members on key issues of the just transition.
- An academic partnership to support a knowledge-sharing objective through the publication of research papers.
- A "Just Transition Hub" to serve as an interactive tool to allow investors to assess the performance of companies on the social aspect of their transition.
Ostrum AM has joined this global coalition launched during the COP 26 event on Wednesday, November 10, and including Amundi, Aviva France, AXA & AXA Investment Managers, Caisse des Dépôts, CNP Assurances, CPR Asset Management, Eiffel, l’ERAFP, La Banque Postale Asset Management, ODDO BHF Asset Management, Rothschild & Co Asset Management Europe and SCOR Investment Partners.
Ostrum AM’s support for this just transition coalition further establishes our role as a responsible investment advocate, as we continue to incite companies to curb their carbon footprint, while also taking account of social impacts.