No more coal for ODDO BHF AM

As part of its climate policy ODDO BHF Asset Management will from now on exclude coal investments in all portfolios which integrate ESG criteria. Overall, this represents €6.6 bn which is equivalent to about 12% of its assets under management. Specifically, the objective of the coal exclusion policy is to exclude any mining company that generates more than 5% of its revenues with coal and any power generation company that generates more than 30% of its revenues from coal. According to t...