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Reclaim Finance reports a 'double discourse' within the Crédit Agricole group regarding climate commitments. While Crédit Agricole CIB announced in May 2024 that it would no longer participate in conventional bond issuances for fossil fuel companies, its subsidiary Amundi continues to provide capital to the sector. Between 2024 and 2025, Amundi invested 300 million euros in 80 bonds from companies expanding coal, oil, and gas projects, including significant holdings in Glencore, Saudi Aramco, TotalEnergies, and BP. The report contrasts this with BNP Paribas, which extended similar restrictions to its asset management and insurance arms. Reclaim Finance asserts that this inconsistency undermines the group's climate credibility and calls for an immediate alignment of Amundi's policies with the group's stated transition goals.

The report highlights that French companies hold over 1,000 billion euros in cash, a resource largely managed by financial institutions that continue to fund fossil fuel expansion and ecosystem destruction. Focusing on 20 CAC 40 companies with 162 billion euros in combined cash, the analysis reveals a significant gap in CSR policies: while companies apply ESG criteria to suppliers, they rarely do so for their financial partners. The authors argue that corporate cash is a powerful but underused tool for decarbonization and recommend integrating ESG criteria into the selection of financial partners, setting specific CSR targets for cash management, and establishing structured dialogues with banks and asset managers to end support for unsustainable projects.

Mighty Earth's October 2022 investigation reveals that Carrefour continued to sell beef from suspended JBS slaughterhouses in Brazil, particularly through its Atacadão and Sam's Club stores. Despite public claims of suspending suppliers in Rondônia, the group's supply chain remains heavily dependent on JBS, with 27% of identified beef products coming from ten slaughterhouses linked to recent deforestation. The report also highlights illegal fires at the Fazenda Rondon property supplying JBS and criticizes Carrefour's 2026 strategy as lacking ambition and transparency regarding both beef and soy sourcing.

The report finds that the fashion industry remains heavily dependent on fossil-fuel-based synthetic fibres, with 67% of analysed products containing synthetics. It highlights a systemic lack of transparency and the use of 'downcycling' PET bottles as a false solution to circularity. The research exposes rampant greenwashing, with 59% of sustainability claims flouting UK CMA guidelines, and notes a critical industry blind spot regarding microplastic pollution, particularly in children's clothing.