Lettre ouverte à la présidente de l’Autorité des Marchés Financiers, Marie-Anne Barbat-Layani : Agissez contre le greenwashing dans le secteur financier

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Reclaim Finance and a coalition of organizations call on the Autorité des Marchés Financiers (AMF) to combat systemic greenwashing in French financial products. The authors highlight that a significant portion of passive and employee savings funds claiming sustainability continue to invest in fossil fuel expansion. They demand the AMF use its existing powers to sanction misleading information and revise its doctrine on extra-financial approaches to ensure that companies developing new fossil fuel projects are excluded from sustainable funds.

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  • Research indicates systemic greenwashing in French financial products, with 70% of supposedly sustainable passive funds and 70% of French employee savings funds with sustainability claims investing in fossil fuel expansion or companies involved in new fossil fuel projects.
  • The AMF's supervision of extra-financial aspects, such as climate and sustainability issues, is described as less demanding than its financial supervision, and identified failures regarding the extra-financial commitments of management companies have not resulted in sanctions.
  • The authors argue that the exclusion of companies developing new exploration, extraction, or refining projects for liquid or gaseous fossils is essential for any fund claiming to be green or sustainable.
  • The letter requests that the AMF revise its existing doctrine on funds integrating extra-financial approaches (Recommendation DOC-2020-03) because current criteria are insufficient and grant managers too much freedom in defining content and objectives.

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APA
Reclaim Finance (2024). Lettre ouverte à la présidente de l’Autorité des Marchés Financiers, Marie-Anne Barbat-Layani : Agissez contre le greenwashing dans le secteur financier. https://reclaimfinance.org/site/wp-content/uploads/2024/06/Sous-embargo-Lettre-ouverte-a-lAMF-1.pdf
Chicago
Reclaim Finance. Lettre ouverte à la présidente de l’Autorité des Marchés Financiers, Marie-Anne Barbat-Layani : Agissez contre le greenwashing dans le secteur financier. 2024. https://reclaimfinance.org/site/wp-content/uploads/2024/06/Sous-embargo-Lettre-ouverte-a-lAMF-1.pdf.
Wikipedia
{{cite press release |author=Reclaim Finance |title=Lettre ouverte à la présidente de l’Autorité des Marchés Financiers, Marie-Anne Barbat-Layani : Agissez contre le greenwashing dans le secteur financier |date=19 June 2024 |url=https://reclaimfinance.org/site/wp-content/uploads/2024/06/Sous-embargo-Lettre-ouverte-a-lAMF-1.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
BibTeX
@misc{reclaimfinance2024lettre, author = {{Reclaim Finance}}, title = {{Lettre ouverte à la présidente de l’Autorité des Marchés Financiers, Marie-Anne Barbat-Layani : Agissez contre le greenwashing dans le secteur financier}}, publisher = {Reclaim Finance}, year = {2024}, month = jun, url = {https://reclaimfinance.org/site/wp-content/uploads/2024/06/Sous-embargo-Lettre-ouverte-a-lAMF-1.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }

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