'Increasingly uncompetitive': BNP Paribas AM tightens coal investment policy

Michael Holder
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BNP Paribas will exclude more companies engaged in coal mining and power generation from its portfolios
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BNP Paribas will exclude more companies engaged in coal mining and power generation from its portfolios

French bank's tighter exclusions on firms engaged in thermal coal mining and coal-fired power generation to come into effect from 2020

The asset management arm of BNP Paribas has moved to strengthen its policies on high-carbon investments, today announcing tighter exclusions on companies engaged in coal mining and power generation...

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