Press release
Paris, June 24, 2022 – On the occasion of La Banque Postale Group’s “Dialogues de l’Économie Citoyenne 2022”, the asset management branch La Banque Postale Asset Management (LBPAM) has announced the main lines of its future oil and gas policy. LBPAM is finally taking a stand against oil and gas expansion. This very encouraging announcement suggests that its practices will be consistent with those of La Banque Postale Group and CNP Assurances. LBPAM will specify these commitments in a policy to be published in July. Reclaim Finance highlights the key points that must be included in this policy to enable LBPAM to meet its climate commitments.