Agirc-Arrco, one of the last two French big pension funds without a policy for exiting the coal sector, has finally adopted one. The complementary pension plan has 25 million private sector employees contributing and 68 billion euros in reserves. The new policy is robust, covering all the necessary criteria, starting with the exclusion of developers of coal mines/centers/infrastructure. Agirc-Arrco has also announced that it intends to adopt an oil and gas policy in or around March 2023, which will provide an opportunity not to be missed to move from the backrow to the front line of financial players in terms of climate.