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France
June 15, 2023

French regulator finds only few funds report missing their ESG goals

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The Palais Bourbon, Paris. Very few French asset managers have reported breaching their ESG commitments in a survey conducted by the country’s markets regulator (Photo: Anita Pouchard Serra/Bloomberg)
The Palais Bourbon, Paris. Very few French asset managers have reported breaching their ESG commitments in a survey conducted by the country’s markets regulator (Photo: Anita Pouchard Serra/Bloomberg)

The positive findings of a French study into asset managers’ internal audit of funds’ sustainability commitments are being questioned as too low.

A study by French markets regulator the Autorité des Marchés Financiers on the quality of internal controls across French funds has concluded that only a small number have breached ESG commitments.

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