The sticky question of Europe’s oil-ridden ESG funds

NN Investment Partners SFDR fund holds 91% of investments in oil and gas companies

“Wow,” was the response of the fund manager.

“Really?” said another.

They had just been told that a European fund with 91% of its holdings in carbon-belching oil and gas producers was marketing itself among a range of products commonly described as “light-green”.

The fund in question is NN Investment Partners’ Energy fund. Its top holdings are Chevron and ExxonMobil. The two oil majors score poorly on sustainability metrics: neither firm has committed to reducing its greenhouse gas emissions

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

Modernising compliance functions with regtech

Regtech addresses the complexities of regulatory requirements, offering innovative tools to modernise compliance functions, streamline processes and enhance efficiency. This article explores its role in compliance and reporting within the banking sector,…

Most read articles loading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here