Dans le contexte de la guerre en Ukraine, les banques, assureurs et investisseurs ont un impératif moral. Ils doivent s’engager à ne plus fournir de nouveaux services financiers pour le secteur des énergies fossiles russe et les entreprises non-russes n’ayant pas encore renoncé à leurs activités de production d’énergies fossiles en Russie. Les ventes de pétrole et de gaz ont représenté 36 % du budget de la Russie l’année dernière et ont permis à Poutine d’accumuler 470 milliards de dollars de réserves étrangères.
Le secteur financier américain est désormais soumis à une décision prise par le gouvernement américain. Ils doivent cesser tout nouvel investissement et tout nouveau service financiers au secteur énergétique russe ainsi qu’aux entreprises américaines produisant de l’énergie en Russie. 14 autres institutions financières se sont également engagées à limiter ou cesser leurs activités en Russe. Plusieurs investisseurs vont encore plus loin: le Fonds Carmignac et Church of England ont annoncé une politique de désinvestissement. Certains, en revanche, se sont contentés de déclarations décrivant leurs liens avec les entreprises russe. Le tableau ci-dessous liste (de manière non-exhaustive) les engagements pris par les institutions financières privées depuis le début de la guerre.
Malheureusement, de nombreuses autres banques, assureurs et investisseurs font encore le dos rond. Dans une lettre ouverte, Reclaim Finance et 75 ONG appellent ces institutions financières à se montrer à la hauteur en excluant les entreprises russes du secteur des énergies fossiles de tout nouveau service financier : pas de nouveaux financements, pas de nouvelles couvertures d’assurance, pas de nouveaux investissements et adopter une politique de désinvestissements. Reclaim appelle également les institutions financières à suspendre tous nouveaux services financiers pour TotalEnergies, Fortum/Uniper, Wintershall DEA et autres entreprises non-russes tant qu’elles n’ont pas annoncé leur retrait de la Russie à l’instar de BP, Shell, Equinor et ExxonMobil.
Ce tableau est régulièrement actualisé. Dernière actualisation : 11/04/2022 à 17:00 CEST.
Financial Institution | Type of FI | Country | Announcement | Focus on fossil fuels | Type of announcement | Article’s date | Source |
---|---|---|---|---|---|---|---|
Société Générale | Group | France | Ceases its banking and insurance activities in Russia and announces the sale of its entire stake in Rosbank | No | Divestment from Russian companies or projects | 11/04/2022 | Click here |
BNP Paribas | Group | France | Stopping all new business in Russia and stopping processing local transactions | No | Suspension of some financial services to Russian companies | 21/03/2022 | Click here |
Church of England | AO | UK | Joint letter to TotalEnergies to urge it to cut ties with Russia | Yes | Other | 16/03/2022 | Click here |
Munich Re | Re/insurer | Germany | Will not renew existing contracts in Russia and Belarus, and new business has been suspended. Will do the same with its investments in the region. | No | Suspension new financial services to Russian companies | 16/03/2022 | Click here |
EU FIs | EU FIs | EU | A far-reaching ban on new investment across the Russian energy sector, with limited exceptions for civil nuclear energy and the transport of certain energy products back to the EU. | Yes | Suspension of new financial services to Russian companies and non-Russian companies operating in the country. | 15/03/2022 | Click here |
Citi | Group | USA | We have now decided to expand the scope of that exit [operations in Russia] process to include other lines of business and continue to reduce our remaining operations and exposure. | No | Suspension some financial services to Russian companies | 14/03/2022 | Click here |
Deutsche Bank | Group | Germany | Process of winding down remaining business in Russia. Helping its non-Russian multinational clients in reducing their operations. No new business in Russia. | No | Suspension some financial services to Russian companies | 11/03/2022 | Click here |
Clearway Capital | AO | Australia | Has written to the board of TotalEnergies calling on it to exit its Russian operations in light of the war in Ukraine or face a vote on the issue at its next shareholder meeting. | Yes | Other | 11/03/2022 | Click here |
Raiffeisen Bank International | Bank | Austria | Halted the payment of its dividend as it assesses the impact of economic sanctions | No | Other | 10/03/2022 | Click here |
Goldman Sachs | Bank | USA | Closing out pre-existing obligations in the market. Still trading corporate debt tied to Russia | No | Suspension some financial services to Russian companies | 10/03/2022 | Click here |
BNP Paribas | Group | France | Implementation of international sanctions and decisions by public authorities | No | Statement but not commitments to cease financial services to Russian companies | 09/03/2022 | Click here |
USA FIs | USA FIs | USA | USA Gov. bans: New U.S. investment in Russia’s energy sector and Americans prohibited from financing or enabling foreign companies that are making investment to produce energy in Russia | Yes | Suspension new financial services to Russian companies | 08/03/2022 | Click here |
JPMorgan | AM/Index provider | USA | Has frozen funds with significant Russian exposure/Remove Russian debt from its bond indices | No | Freezes funds with significant Russian exposure/Exclusion of Russia from certain indexes or bonds | 07/03/2022 | Click here and here |
Amundi | AM | France | Has frozen funds with significant Russian exposure | No | Freezes funds with significant Russian exposure | 07/03/2022 | Click here |
UBS | AM | Switzerland | Has frozen funds with significant Russian exposure | No | Freezes funds with significant Russian exposure | 07/03/2022 | Click here |
BNP Paribas | AM | France | Has frozen funds with significant Russian exposure | No | Freezes funds with significant Russian exposure | 07/03/2022 | Click here |
Abrdn | AM | UK | Has frozen funds with significant Russian exposure | No | Freezes funds with significant Russian exposure | 07/03/2022 | Click here |
Schroders | AM | UK | Has frozen funds with significant Russian exposure | No | Freezes funds with significant Russian exposure | 07/03/2022 | Click here |
Pictet | AM | Switzerland | Has frozen funds with significant Russian exposure | No | Freezes funds with significant Russian exposure | 07/03/2022 | Click here |
Prosperity Capital Management | AM | Cayman Islands | Has suspended investor redemptions and net asset value calculations | No | Other | 07/03/2022 | Click here |
Crédit Agricole | Group | France | There has been no new financing to Russian counterparts since the beginning of the conflict. | No | Statement but not commitments to cease financial services to Russian companies | 07/03/2022 | Click here |
Carmignac | AM | France | Prohibits itself from now on, « until further notice, any purchase of Russian securities » and commits itself « to manage the exit of the securities still present in the portfolios | No | Divestment from Russian companies or projects | 07/03/2022 | Click here |
S&P Dow Jones Indices | Index provider | USA | Removing all stocks listed and/or domiciled in Russia from its benchmarks | No | Exclusion of Russia from certain indexes or bonds | 04/03/2022 | Click here |
FTSE Russell | Index provider | USA | Drop Russian bonds from its fixed-income indexes | No | Exclusion of Russia from certain indexes or bonds | 04/03/2022 | Click here |
ABP | AO | Netherlands | Sale of its Russian assets | No | Divestment from Russian companies or projects | 03/03/2022 | Click here |
Bpf Bouw | AO | Netherlands | Sale of its Russian assets | No | Divestment from Russian companies or projects | 03/03/2022 | Click here |
Société Générale | Group | France | Sanctions by the EU | No | Statement but not commitments to cease financial services to Russian companies | 03/03/2022 | Click here |
DWS | AM | Germany | Actively managed mutual funds won’t make new investments in Russian securities. Suspend the subscription of new shares” in mutual funds that have significant Russian exposure. Suspended Russia exchange-traded funds. | No | Freezes funds with significant Russian exposure | 03/03/2022 | Click here and here |
Japan Bank for International Cooperation | Bank | Japan | Will consider terminating the credit line agreement it has with Sberbank. Loans to the Arctic 2 LNG project and Yamal LNG project are still outstanding. | No | Statement but not commitments to cease financial services to Russian companies | 03/03/2022 | Click here |
Generali | Insurer | Italy | Closing its Moscow office and wind down its Europe Assistance business in Russia. Will also give up its seats on the board of Ingosstrakh, one of Russia’s largest insurers in which it holds a 38.5% stake. | No | Other | 03/03/2022 | Click here |
Intesa Sanpaolo | Bank | Italy | Is conducting a strategic review of its presence in Russia | No | Statement but not commitments to cease financial services to Russian companies | 03/03/2022 | Click here |
MSCI | Index provider | USA | Reclassify the MSCI Russia Indexes from Emerging Markets to Standalone Markets Status | No | Exclusion of Russia from certain indexes or bonds | 02/03/2022 | Click here |
Nordea | AM | Finland | Sell down all its Russian investments | No | Divestment from Russian companies or projects | 01/03/2022 | Click here |
HSBC | AM | UK | Has frozen Russia-focused equity funds. Suspended Russia exchange-traded funds | No | Freezes funds with significant Russian exposure | 01/03/2022 | Click here |
BlackRock | AM | USA | Suspended the purchase of all Russian securities in our active and index funds. Has proactively advocated with our index providers to remove Russian securities from broad-based indices. | No | Suspension some financial services to Russian companies | 28/02/2022 | Click here |
KLP | AO | Norway | Sell out of Russian stocks and bonds listed in London and New York. | No | Divestment from Russian companies or projects | 28/02/2022 | Click here |
Britain’s Universities Superannuation Scheme | AO | UK | Not to buy more Russian assets | No | Suspension new financial services to Russian companies | 28/02/2022 | Click here |
Church of England | AO | UK | Sell out of Russian stocks | No | Divestment from Russian companies or projects | 25/02/2022 | Click here |