Press release
Paris, le 28 june 2022 – Amundi, a subsidiary of Crédit Agricole, has published its votes on the Say On Climate resolutions that seven oil and gas majors presented at their annual general meeting in May. While some of the resolutions were rejected, the French asset manager approved those of major oil and gas companies, such as TotalEnergies. These inconsistent votes reveal Amundi’s complacency towards companies that, far from aligning themselves with a 1.5°C trajectory, continue to develop new fossil fuel projects. Reclaim Finance denounces this dangerous position and sounds the alarm to Valérie Baudson, Amundi’s CEO.