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Fossil fuels to be excluded under 'ambitious' French sustainable fund label overhaul
07 November 2023Companies generating energy using coal or developing new oil or gas projects are to be excluded from France's sustainability fund label in updates designed to make the Label ISR "more ambitious".
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SocGen launches €1bn transition fund, stricter fossil-fuel targets
18 September 2023French bank Société Générale is targeting reducing its oil and gas exposure by four-fifths by 2030 as well as launch a €1 billion ($1.1 billion) transition fund.