Amundi Reclassifies Almost All of its $45 Billion Article 9 Funds to Lower Sustainability Level
ESG Today
NOVEMBER 24, 2022
Leading European asset manager Amundi has chosen to reclassify nearly all of its sustainable investment funds previously categorized as Article 9 under the EU’s Sustainable Finance Disclosure Regulation (SFDR) to the less stringent Article 8 level. The EU SFDR forms part of the EU’s Action Plan on financing sustainable growth.
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