​Recommendations

The France roadmap makes recommendations in four categories:

1. Clarify and extend investors' fiduciary responsibility:
     a. Clarify that ESG integration is a requirement
     b. Update Article 173 of the Energy Transition for Green Growth law
     c. Develop and promote a common set of ESG integration practices across asset classes
     d. Integrate social and environmental outcomes into financial institutions’ responsibilities in order to respond to new investment norms 
     
2. ​Encourage analysis and measurement of the impacts of investment activities:
     a. Undertake a landscaping exercise of existing methods to assess economic, social and environmental impacts
     b. Develop methodologies to measure social and environmental investment outcomes

3. Create an environment in which responsible investment can flourish:
     a. Improve information sharing on investment product ESG risks and opportunities. Provide training on sustainable finance across the investment chain
     b. Make sustainable saving products more transparent and systematic
     c. Enhance the efficiency of dialogue between investors and issuers

4. Strengthen collaboration between public and private actors: 
     a. Reinforce France’s leadership in responsible investment and alignment with the Paris Agreement

*The complete English translation of the Roadmap will be available in mid December.