Lettre ouverte à Elisabeth Borne pour un label ISR qui n’institutionnalise pas le greenwashing

Over 60 figures from civil society, economics, and academia call for the French government to adopt ambitious exclusion criteria for the ISR label, specifically targeting companies expanding fossil fuel production, to align the label with climate goals and avoid misleading investors.

• The signatories demand that the French government exclude companies developing new fossil fuel projects from the ISR (Investissement socialement responsable) label to avoid "institutionnaliser le greenwashing" by labeling state-backed investments as "responsible" when they fund oil and gas companies with expansion strategies that contradict France's climate goals.
• The authors support a compromise proposal from the Label Committee to exclude companies involved in the exploration, extraction, and refining of non-conventional fossil fuels, though they describe this specific criterion as "minimaliste".
• The letter argues that allowing funds to be labeled as "socially responsible" while investing in companies that increase hydrocarbon production goals or maintain most investments in fossil fuels would undermine the government's goal of mobilizing private savings for the ecological transition and damage France's credibility ahead of COP 28.

APA

Pinson, L., Andrieux, V., Berthier, C., Blanc, N., Blanchard, O., Bouchet, V., Bourg, D., Cadet, I., Capelle-Blancard, G., Choueifaty, J., Collon, A., Courtois, M., Cousté, G., Creti, A., Demurger, P., Duflot, C., Dufrêne, N., Faure, J., Frisch, A., ... Voisin, S. (2023). Lettre ouverte à Elisabeth Borne pour un label ISR qui n’institutionnalise pas le greenwashing. Reclaim Finance. https://reclaimfinance.org/site/2023/10/31/lettre-ouverte-a-elisabeth-borne-pour-un-label-isr-qui-ninstitutionnalise-pas-le-greenwashing/

Chicago

Pinson, Lucie, Véronique Andrieux, Claire Berthier, Nicolas Blanc, Olivia Blanchard, Vincent Bouchet, Dominique Bourg, et al. Lettre ouverte à Elisabeth Borne pour un label ISR qui n’institutionnalise pas le greenwashing. Reclaim Finance, 2023. https://reclaimfinance.org/site/2023/10/31/lettre-ouverte-a-elisabeth-borne-pour-un-label-isr-qui-ninstitutionnalise-pas-le-greenwashing/.

Wikipedia

{{cite press release |last1=Pinson |first1=Lucie |last2=Andrieux |first2=Véronique |last3=Berthier |first3=Claire |last4=Blanc |first4=Nicolas |last5=Blanchard |first5=Olivia |last6=Bouchet |first6=Vincent |last7=Bourg |first7=Dominique |last8=Cadet |first8=Isabelle |last9=Capelle-Blancard |first9=Gunther |display-authors=etal |title=Lettre ouverte à Elisabeth Borne pour un label ISR qui n’institutionnalise pas le greenwashing |publisher=Reclaim Finance |date=31 October 2023 |url=https://reclaimfinance.org/site/2023/10/31/lettre-ouverte-a-elisabeth-borne-pour-un-label-isr-qui-ninstitutionnalise-pas-le-greenwashing/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{pinson2023lettre, author = {Pinson, Lucie and Andrieux, Véronique and Berthier, Claire and Blanc, Nicolas and Blanchard, Olivia and Bouchet, Vincent and Bourg, Dominique and Cadet, Isabelle and Capelle-Blancard, Gunther and Choueifaty, Joseph and Collon, Ambroise and Courtois, Maeva and Cousté, Grégoire and Creti, Anna and Demurger, Pascal and Duflot, Cécile and Dufrêne, Nicolas and Faure, Julia and Frisch, Anne and Gaiji, Khaled and Ganovelli, Andréa and Gatet, Antoine and Gemenne, François and Gibassier, Delphine and Giraudon, Arnaud and Grandjean, Alain and Hege, Ulrich and Horenbeek, Bernard and Huet, Fabien and Jancovici, Jean-Marc and Jouzel, Jean and Julliard, Jean-François and Karyotis, Catherine and Laffitte, Olivier and Lanier, Hélène and Leandri, Noam and Lepetit, Michel and Leguet, Benoît and Lozac’hmeur, Alizée and Marmorat, Sophie and Masse, Alexis and Mesnard, Melchior and Morel, Laurent and Mottis, Nicolas and Nouvian, Claire and Peladan, Jean-Guillaume and Philipponnat, Thierry and Revelli, Christophe and Reyes, Luis and Sadoun, Eva and Saddier, Jérôme and Saïdane, Dhafer and Scialom, Laurence and Sebag, Philippe and Sibieude, Thierry and Stévenin, Marie-Amandine and Thibierge, Christophe and Tiberghien, Frédéric and Tisserand-Berger, Mélanie and Treyer, Sébastien and Viel, Hugo and Voisin, Stéphane}, title = {{Lettre ouverte à Elisabeth Borne pour un label ISR qui n’institutionnalise pas le greenwashing}}, publisher = {Reclaim Finance}, year = {2023}, month = oct, url = {https://reclaimfinance.org/site/2023/10/31/lettre-ouverte-a-elisabeth-borne-pour-un-label-isr-qui-ninstitutionnalise-pas-le-greenwashing/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }