Les ambiguïtés persistantes de la CDC face à l’expansion pétrolière et gazière

Reclaim Finance argues that the Caisse des Dépôts et Consignations (CDC) lacks credibility in its responsible investment strategy due to its continued support for oil and gas expansion. The organization highlights that the CDC's 2024 responsible investment report fails to end new investments in fossil fuel developers, such as TotalEnergies, and relies on an ineffective shareholder dialogue process. Reclaim Finance urges the CDC to cease new investments in these companies, vote against their management, and implement stricter climate criteria for its external asset managers, who manage 10 billion euros of its portfolio.

• The Caisse des Dépôts et Consignations (CDC) continues to allow new investments in oil and gas developers, including the purchase of new bonds, which may fund projects incompatible with a 1.5°C climate trajectory.
• The CDC's shareholder dialogue strategy is deemed ineffective and lacking transparency, as it does not define voting sanctions for companies expanding fossil fuels, lacks a progressive escalation strategy, and does not publish detailed voting records from general meetings.
• The CDC delegates 10 billion euros, or 3% of its portfolio, to external asset managers but lacks robust climate criteria for selecting these managers or public influence to ensure they maintain transition goals.
• While the CDC has capped its exposure to companies developing new oil exploration or production projects, it has not implemented similar caps for gas projects.

APA

Martin, L. (2025). Les ambiguïtés persistantes de la CDC face à l’expansion pétrolière et gazière. Reclaim Finance. https://reclaimfinance.org/site/2025/07/18/les-ambiguites-persistantes-de-la-cdc-face-a-lexpansion-petroliere-et-gaziere/

Chicago

Martin, Léo. Les ambiguïtés persistantes de la CDC face à l’expansion pétrolière et gazière. Reclaim Finance, 2025. https://reclaimfinance.org/site/2025/07/18/les-ambiguites-persistantes-de-la-cdc-face-a-lexpansion-petroliere-et-gaziere/.

Wikipedia

{{cite press release |last1=Martin |first1=Léo |title=Les ambiguïtés persistantes de la CDC face à l’expansion pétrolière et gazière |publisher=Reclaim Finance |date=18 July 2025 |url=https://reclaimfinance.org/site/2025/07/18/les-ambiguites-persistantes-de-la-cdc-face-a-lexpansion-petroliere-et-gaziere/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{martin2025les, author = {Martin, Léo}, title = {{Les ambiguïtés persistantes de la CDC face à l’expansion pétrolière et gazière}}, publisher = {Reclaim Finance}, year = {2025}, month = jul, url = {https://reclaimfinance.org/site/2025/07/18/les-ambiguites-persistantes-de-la-cdc-face-a-lexpansion-petroliere-et-gaziere/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }