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Reclaim Finance evaluates Amundi's 2022 climate performance, noting a lack of transparency regarding its own climate strategy and inconsistent voting patterns. While Amundi showed progress by voting against some coal developers like Glencore, it continued to support the climate plans of oil and gas majors such as Repsol and BP despite their ongoing fossil fuel expansion.

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  • Amundi's own 2022 AGM was characterized by a lack of transparency, as the company did not publicly broadcast or record debates between the board and shareholders, nor did it provide legally required written responses to shareholder questions regarding its climate strategy.
  • Despite claiming climate leadership, Amundi maintains over $19 billion in investments across twelve major global oil and gas companies and has not established a 'red line' against fossil fuel expansion.
  • Amundi's voting record on climate issues is inconsistent: it supported the climate plans of Repsol and BP despite their continued investment in new oil and gas wells, yet it opposed the 'Say on Climate' votes for Woodside Petroleum and Equinor.
  • There are signs of progress regarding coal, with Amundi appearing to more systematically vote against developers of new coal mines and power plants, exemplified by its vote against Glencore's climate plan and the renewal of most of its directors.

Cite the original document

APA
admin (2022). Amundi aux AG 2022 : premier bilan en clair-obscur. Reclaim Finance. https://reclaimfinance.org/site/2022/06/17/amundi-aux-ag-2022-premier-bilan-en-clair-obscur/
Chicago
admin. Amundi aux AG 2022 : premier bilan en clair-obscur. Reclaim Finance, 2022. https://reclaimfinance.org/site/2022/06/17/amundi-aux-ag-2022-premier-bilan-en-clair-obscur/.
Wikipedia
{{cite press release |last1=admin |title=Amundi aux AG 2022 : premier bilan en clair-obscur |publisher=Reclaim Finance |date=17 June 2022 |url=https://reclaimfinance.org/site/2022/06/17/amundi-aux-ag-2022-premier-bilan-en-clair-obscur/ |access-date=23 October 2026 |via=Climate Insights Directory}}
BibTeX
@misc{admin2022amundi, author = {admin}, title = {{Amundi aux AG 2022 : premier bilan en clair-obscur}}, publisher = {Reclaim Finance}, year = {2022}, month = jun, url = {https://reclaimfinance.org/site/2022/06/17/amundi-aux-ag-2022-premier-bilan-en-clair-obscur/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }

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