01Feb18

News

Group

SCOR’s long-term commitment to addressing climate change is further demonstrated by the EETC label awarded to its SCOR Infrastructure Loans III fund

The SCOR Infrastructure Loans III Fund, managed by SCOR Investment Partners, has been awarded the EETC label (Energy and Ecological Transition for Climate).

The SCOR Infrastructure Loans III Fund, managed by SCOR Investment Partners, has been awarded the EETC label (Energy and Ecological Transition for Climate). This certification further demonstrates SCOR’s commitment to reducing the causes and impacts of climate change, as set out in the Group’s Climate Policy published in 2017. 
 
Launched in 2015 by the French Ministry of the Environment, Energy and the Sea, the EETC label guarantees that a fund invests most of its assets in environmentally-friendly activities and that it excludes nuclear and fossil fuel businesses, as well as companies involved in controversial environmental or social practices.
 
 
The SCOR Infrastructure Loans III fund was launched in November 2017 and intends to address climate change by participating in the transition to more sustainable energy. The fund aims to build a diversified portfolio of infrastructure projects with a positive environmental impact across sectors such as renewable energy, the environment, rail transport, smart meters, data centers, and so on.