Les recommandations de Reclaim Finance pour un nouveau label ISR crédible

Reclaim Finance argues that the current recommendations for the French ISR label are insufficient because they lack precise definitions and fail to address the expansion of fossil fuels. The organization proposes strict exclusion criteria for companies developing new oil, gas, and coal projects, as well as a requirement for all funded companies to adopt detailed transition plans by 2024 featuring absolute emission reduction targets and alignment with a 1.5°C scenario.

• Reclaim Finance argues that the current proposed evolution of the ISR label risks diluting responsibility and ignoring scientific data because precise definitions are deferred to non-public working groups.
• To prevent the label from aggravating the climate crisis, Reclaim Finance recommends excluding companies that derive more than 5% of their revenue or electricity production from coal, as well as any company developing new coal, oil, or gas projects.
• The organization proposes a deadline of 2024 for the exclusion of companies developing new oil and gas fields, suggesting this advance notice would incentivize companies to abandon expansion projects through shareholder engagement.
• Reclaim Finance recommends that the ISR label require all companies to adopt detailed transition plans by 2024, which must include absolute emission reduction targets (scopes 1 to 3) aiming for at least a 50% decrease by 2030 and carbon neutrality by 2050.
• Transition plans should specifically include alignment of investment spending and lobbying with climate goals, a 1.5°C scenario with low/no overshoot, and exit strategies for high-emission activities such as steel and concrete production.

APA

Martin, L. (2022). Les recommandations de Reclaim Finance pour un nouveau label ISR crédible. Reclaim Finance. https://reclaimfinance.org/site/2022/12/02/les-recommandations-de-reclaim-finance-pour-un-nouveau-label-isr-credible/

Chicago

Martin, Léo. Les recommandations de Reclaim Finance pour un nouveau label ISR crédible. Reclaim Finance, 2022. https://reclaimfinance.org/site/2022/12/02/les-recommandations-de-reclaim-finance-pour-un-nouveau-label-isr-credible/.

Wikipedia

{{cite press release |last1=Martin |first1=Léo |title=Les recommandations de Reclaim Finance pour un nouveau label ISR crédible |publisher=Reclaim Finance |date=2 December 2022 |url=https://reclaimfinance.org/site/2022/12/02/les-recommandations-de-reclaim-finance-pour-un-nouveau-label-isr-credible/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{martin2022les, author = {Martin, Léo}, title = {{Les recommandations de Reclaim Finance pour un nouveau label ISR crédible}}, publisher = {Reclaim Finance}, year = {2022}, month = dec, url = {https://reclaimfinance.org/site/2022/12/02/les-recommandations-de-reclaim-finance-pour-un-nouveau-label-isr-credible/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }