On 16 April Novethic published its Year Indicator of the sustainable finance funds distributed in France. The dynamics of this market remain strong and show a 11% growth between 2017 and 2018. Novethic lists 488 sustainable funds, representing €149bn of assets under management, less than half of which have an SRI label.
On 6 November Novethic, the Caisse des Dépôts' sustainable transformation accelerator, brought together more than 300 committed investors and business leaders for its Positive Investors Forum, a European event dedicated to investors seeking to increase the positive impact of their assets. Highlights of the day.
On 13 December in Paris in the aftermath of the One Planet Summit, the world summit dedicated to climate action, Novethic gathered 300 institutional investors for the ESG Strategies for Responsible Investors conference. Labelled as side event of the climate summit, this annual conference was entirely dedicated to European sustainable finance.
On 2 March Novethic was selected by the Ministry of Environment, Energy and Sea to be an auditor for the Energy and environment transition for climate Label (French acronym: Label TEEC) beside EY France audit and consulting firm. Launched at the end of 2015, the Label guarantees an investment strategy in favor of the environment and energy transition (TEE) financing.