{"id":29799,"date":"2023-06-19T11:13:58","date_gmt":"2023-06-19T09:13:58","guid":{"rendered":"https:\/\/reclaimfinance.org\/site\/?p=29799"},"modified":"2023-06-19T11:15:26","modified_gmt":"2023-06-19T09:15:26","slug":"the-best-of-greenwashing-in-employee-savings-funds","status":"publish","type":"post","link":"https:\/\/reclaimfinance.org\/site\/en\/2023\/06\/19\/the-best-of-greenwashing-in-employee-savings-funds\/","title":{"rendered":"The best of greenwashing in employee savings funds"},"content":{"rendered":"<p><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling fusion-equal-height-columns\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-margin-bottom:20px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last\" style=\"--awb-bg-size:cover;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-column-wrapper-legacy\"><div class=\"fusion-text fusion-text-1\" style=\"--awb-content-alignment:justify;--awb-text-color:var(--awb-color4);--awb-text-font-family:&quot;Montserrat&quot;;--awb-text-font-style:normal;--awb-text-font-weight:700;\"><p><strong>Reclaim Finance conducted an analysis of employee savings funds offered to French companies by asset managers, and the findings are clear: a majority of these funds are exposed to companies that contribute to fossil fuel expansion, which is incompatible with the climate emergency. Even more concerning is that even funds claiming to be \u00ab\u00a0responsible\u00a0\u00bb or \u00ab\u00a0low carbon\u00a0\u00bb are affected.<\/strong><\/p>\n<\/div><div class=\"fusion-text fusion-text-2\" style=\"--awb-content-alignment:justify;\"><p><span style=\"text-decoration: underline;\"><a href=\"https:\/\/reclaimfinance.org\/site\/2023\/06\/19\/les-perles-du-greenwashing-de-lepargne-salariale\/\" target=\"_blank\" rel=\"noopener\">Read the full blogpost in French<\/a><\/span><\/p>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-2 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1216.8px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-1 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-title title fusion-title-1 fusion-sep-none fusion-title-text fusion-title-size-two\" style=\"--awb-text-color:var(--awb-color1);--awb-margin-bottom:0px;\"><h2 class=\"fusion-title-heading title-heading-left fusion-responsive-typography-calculated\" style=\"margin:0;text-transform:uppercase;--fontSize:33;line-height:1.5;\">Read also<\/h2><\/div><div class=\"fusion-separator\" style=\"align-self: flex-start;margin-right:auto;margin-top:25px;margin-bottom:35px;width:100%;max-width:100px;\"><div class=\"fusion-separator-border sep-single sep-solid\" style=\"--awb-height:20px;--awb-amount:20px;--awb-sep-color:var(--awb-color4);border-color:var(--awb-color4);border-top-width:10px;\"><\/div><\/div><div class=\"fusion-blog-shortcode fusion-blog-shortcode-1 fusion-blog-archive fusion-blog-layout-grid-wrapper fusion-blog-no\" style=\"--awb-title-font-size:18px;\"><style type=\"text\/css\">.fusion-blog-shortcode-1 .fusion-blog-layout-grid .fusion-post-grid{padding:15px;}.fusion-blog-shortcode-1 .fusion-posts-container{margin-left: -15px !important; margin-right:-15px !important;}<\/style><div class=\"fusion-posts-container fusion-posts-container-no fusion-blog-rollover fusion-blog-layout-grid fusion-blog-layout-grid-3 isotope fusion-blog-equal-heights\" data-pages=\"178\" data-grid-col-space=\"30\" style=\"margin: -15px -15px 0;min-height:500px;\"><article id=\"blog-1-post-39849\" class=\"fusion-post-grid post-39849 post type-post status-publish format-standard has-post-thumbnail hentry category-blog_en acteurs_financiers-asset-managers-en acteurs_financiers-asset-owners acteurs_financiers-investors thematique-coal thematique-gas-en thematique-oil-en thematique-oil-and-gas-en thematique-sustainable-finance\">\n<div class=\"fusion-post-wrapper\" style=\"background-color:rgba(255,255,255,0);border:1px solid #2a2b3d;border-bottom-width:3px;\">\n\n\t\t\t<div class=\"fusion-flexslider flexslider fusion-flexslider-loading fusion-post-slideshow\" style=\"border-color:#2a2b3d;\">\n\t\t<ul class=\"slides\">\n\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li><div  class=\"fusion-image-wrapper\" aria-haspopup=\"true\">\n\t\t\t\t<img decoding=\"async\" width=\"1125\" height=\"500\" src=\"https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2024\/04\/Epargne-energies-fossiles.jpg\" class=\"attachment-full size-full wp-post-image\" alt=\"\" srcset=\"https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2024\/04\/Epargne-energies-fossiles-200x89.jpg 200w, https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2024\/04\/Epargne-energies-fossiles-400x178.jpg 400w, https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2024\/04\/Epargne-energies-fossiles-600x267.jpg 600w, https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2024\/04\/Epargne-energies-fossiles-800x356.jpg 800w, https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2024\/04\/Epargne-energies-fossiles.jpg 1125w\" sizes=\"(min-width: 2200px) 100vw, (min-width: 784px) 370px, (min-width: 712px) 555px, (min-width: 640px) 712px, \" \/><div class=\"fusion-rollover\">\n\t<div class=\"fusion-rollover-content\">\n\n\t\t\t\t\n\t\t\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\n\t\t\n\t\t\t\t\t\t<a class=\"fusion-link-wrapper\" href=\"https:\/\/reclaimfinance.org\/site\/en\/2026\/05\/13\/open-letter-for-the-end-of-french-pensions-support-for-fossil-fuel-expansion\/\" aria-label=\"Open letter for the end of French pensions&rsquo; support for fossil fuel expansion\"><\/a>\n\t<\/div>\n<\/div>\n<\/div>\n<\/li>\n\t\t\t\n\t\t\t\n\t\t\t\t\t\t\t\t<\/ul>\n\t<\/div>\n\t<div class=\"fusion-post-content-wrapper\" style=\"padding:30px 25px 20px 25px;\"><div class=\"fusion-post-content post-content\"><h3 class=\"blog-shortcode-post-title entry-title\"><a href=\"https:\/\/reclaimfinance.org\/site\/en\/2026\/05\/13\/open-letter-for-the-end-of-french-pensions-support-for-fossil-fuel-expansion\/\">Open letter for the end of French pensions&rsquo; support for fossil fuel expansion<\/a><\/h3><p class=\"fusion-single-line-meta\"><span class=\"vcard\" style=\"display: none;\"><span class=\"fn\"><a href=\"https:\/\/reclaimfinance.org\/site\/author\/amas\/\" title=\"Articles par Agathe Masson\" rel=\"author\">Agathe Masson<\/a><\/span><\/span><span class=\"updated\" style=\"display:none;\">2026-05-11T18:29:27+02:00<\/span><a href=\"https:\/\/reclaimfinance.org\/site\/en\/category\/blog_en\/\" rel=\"category tag\">Articles<\/a><span class=\"fusion-inline-sep\">|<\/span><\/p><\/div><\/div><div class=\"fusion-clearfix\"><\/div><\/div>\n<\/article>\n<article id=\"blog-1-post-39815\" class=\"fusion-post-grid post-39815 post type-post status-publish format-standard has-post-thumbnail hentry category-blog_en acteurs_financiers-banks thematique-renewable-energy programme-program-2\">\n<div class=\"fusion-post-wrapper\" style=\"background-color:rgba(255,255,255,0);border:1px solid #2a2b3d;border-bottom-width:3px;\">\n\n\t\t\t<div class=\"fusion-flexslider flexslider fusion-flexslider-loading fusion-post-slideshow\" style=\"border-color:#2a2b3d;\">\n\t\t<ul class=\"slides\">\n\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li><div  class=\"fusion-image-wrapper\" aria-haspopup=\"true\">\n\t\t\t\t<img decoding=\"async\" width=\"1125\" height=\"500\" src=\"https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2026\/04\/scotiabank.png\" class=\"attachment-full size-full wp-post-image\" alt=\"\" \/><div class=\"fusion-rollover\">\n\t<div class=\"fusion-rollover-content\">\n\n\t\t\t\t\n\t\t\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\n\t\t\n\t\t\t\t\t\t<a class=\"fusion-link-wrapper\" href=\"https:\/\/reclaimfinance.org\/site\/en\/2026\/04\/30\/scotiabank-publishes-canadas-first-energy-supply-financing-ratio\/\" aria-label=\"Scotiabank publishes Canada\u2019s first energy supply financing ratio\"><\/a>\n\t<\/div>\n<\/div>\n<\/div>\n<\/li>\n\t\t\t\n\t\t\t\n\t\t\t\t\t\t\t\t<\/ul>\n\t<\/div>\n\t<div class=\"fusion-post-content-wrapper\" style=\"padding:30px 25px 20px 25px;\"><div class=\"fusion-post-content post-content\"><h3 class=\"blog-shortcode-post-title entry-title\"><a href=\"https:\/\/reclaimfinance.org\/site\/en\/2026\/04\/30\/scotiabank-publishes-canadas-first-energy-supply-financing-ratio\/\">Scotiabank publishes Canada\u2019s first energy supply financing ratio<\/a><\/h3><p class=\"fusion-single-line-meta\"><span class=\"vcard\" style=\"display: none;\"><span class=\"fn\"><a href=\"https:\/\/reclaimfinance.org\/site\/author\/aman\/\" title=\"Articles par Aatira\u00ef Manickawasagar\" rel=\"author\">Aatira\u00ef Manickawasagar<\/a><\/span><\/span><span class=\"updated\" style=\"display:none;\">2026-04-30T11:50:33+02:00<\/span><a href=\"https:\/\/reclaimfinance.org\/site\/en\/category\/blog_en\/\" rel=\"category tag\">Articles<\/a><span class=\"fusion-inline-sep\">|<\/span><\/p><\/div><\/div><div class=\"fusion-clearfix\"><\/div><\/div>\n<\/article>\n<article id=\"blog-1-post-39631\" class=\"fusion-post-grid post-39631 post type-post status-publish format-standard has-post-thumbnail hentry category-blog_en acteurs_financiers-banks thematique-fossil-fuels\">\n<div class=\"fusion-post-wrapper\" style=\"background-color:rgba(255,255,255,0);border:1px solid #2a2b3d;border-bottom-width:3px;\">\n\n\t\t\t<div class=\"fusion-flexslider flexslider fusion-flexslider-loading fusion-post-slideshow\" style=\"border-color:#2a2b3d;\">\n\t\t<ul class=\"slides\">\n\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li><div  class=\"fusion-image-wrapper\" aria-haspopup=\"true\">\n\t\t\t\t<img decoding=\"async\" width=\"1125\" height=\"500\" src=\"https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2026\/04\/BCE-1.png\" class=\"attachment-full size-full wp-post-image\" alt=\"\" \/><div class=\"fusion-rollover\">\n\t<div class=\"fusion-rollover-content\">\n\n\t\t\t\t\n\t\t\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\n\t\t\n\t\t\t\t\t\t<a class=\"fusion-link-wrapper\" href=\"https:\/\/reclaimfinance.org\/site\/en\/2026\/04\/27\/the-ecbs-choice-shield-the-energy-transition-or-repeat-past-mistakes\/\" aria-label=\"The ECB\u2019s choice: Shield the energy transition or repeat past mistakes\"><\/a>\n\t<\/div>\n<\/div>\n<\/div>\n<\/li>\n\t\t\t\n\t\t\t\n\t\t\t\t\t\t\t\t<\/ul>\n\t<\/div>\n\t<div class=\"fusion-post-content-wrapper\" style=\"padding:30px 25px 20px 25px;\"><div class=\"fusion-post-content post-content\"><h3 class=\"blog-shortcode-post-title entry-title\"><a href=\"https:\/\/reclaimfinance.org\/site\/en\/2026\/04\/27\/the-ecbs-choice-shield-the-energy-transition-or-repeat-past-mistakes\/\">The ECB\u2019s choice: Shield the energy transition or repeat past mistakes<\/a><\/h3><p class=\"fusion-single-line-meta\"><span class=\"vcard\" style=\"display: none;\"><span class=\"fn\"><a href=\"https:\/\/reclaimfinance.org\/site\/author\/aman\/\" title=\"Articles par Aatira\u00ef Manickawasagar\" rel=\"author\">Aatira\u00ef Manickawasagar<\/a><\/span><\/span><span class=\"updated\" style=\"display:none;\">2026-04-27T09:34:56+02:00<\/span><a href=\"https:\/\/reclaimfinance.org\/site\/en\/category\/blog_en\/\" rel=\"category tag\">Articles<\/a><span class=\"fusion-inline-sep\">|<\/span><\/p><\/div><\/div><div class=\"fusion-clearfix\"><\/div><\/div>\n<\/article>\n<div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":26,"featured_media":24677,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[222],"tags":[],"acteurs_financiers":[2275],"thematique":[2504,2423],"webinar_type":[],"programme":[],"class_list":["post-29799","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog_en","acteurs_financiers-asset-managers-en","thematique-finance-en","thematique-fossil-fuels"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The best of greenwashing in employee savings funds - Reclaim Finance<\/title>\n<meta name=\"description\" content=\"Reclaim Finance conducted an analysis of employee savings funds offered to French companies by asset managers.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/reclaimfinance.org\/site\/en\/2023\/06\/19\/the-best-of-greenwashing-in-employee-savings-funds\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The best of greenwashing in employee savings funds - Reclaim Finance\" \/>\n<meta property=\"og:description\" content=\"Reclaim Finance conducted an analysis of employee savings funds offered to French companies by asset managers.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/reclaimfinance.org\/site\/en\/2023\/06\/19\/the-best-of-greenwashing-in-employee-savings-funds\/\" \/>\n<meta property=\"og:site_name\" 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