Amundi Wants Oil, Gas in EU’s New Energy-Transition Fund Class
Bloomberg 2026-07-17 08:32:00
Context: Amundi SA, a major asset management company, is advocating for the inclusion of oil and gas investments in a new European Union fund category designed to support the transition to a lower-carbon economy. This proposal comes as the EU continues to develop its sustainable finance framework. The fund category in question aims to facilitate investments that contribute to reducing carbon emissions.
Key Facts
- Amundi SA is pushing for the European Union to allow asset managers to include oil and gas exposures in a new fund category focused on supporting the energy transition to a lower-carbon economy.
- The proposed fund category is part of the EU's broader efforts to develop its sustainable finance framework and facilitate investments that contribute to reducing carbon emissions.
- By including oil and gas in this fund category, Amundi SA aims to provide asset managers with more flexibility in their investment strategies, potentially influencing the flow of capital towards the energy sector.