French Central Bank Becomes PRI Signatory

As part of its responsible investment policy, the Banque de France has joined the Principles for Responsible Investment (PRI) as a signatory, joining other central banks, such as Hong Kong Monetary Authority. “Since its launch in 2018, the responsible investment strategy of Banque de France has been built on our ambition to ever more integrate the three dimensions of ESG into our investment decisions,” said Alexandre Gautier, the central bank’s Deputy Secretary General for Finance and SRI. “Joining the PRI initiative testifies of our alignment with a globally recognised standard and our desire to position ourselves among the leading central banks in the area of responsible investment.” The PRI, which represents a network of signatory investors holding €126 trillion in assets, requires signatories to set responsible investment targets for more than 50% of their assets and to install a dedicated team that will implement these targets. David Atkin, PRI CEO, said: “Now, more than ever, it is vital for investors to come together and work towards common responsible investment goals, for the benefit of our planet and societies. We look forward to working with Banque de France – a central bank that has demonstrated leadership on responsible investment issues – to realise these goals.” 

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