Fonds De Reserve Pour Les Retraites (FRR), headquartered in France, plays a pivotal role in the pension fund industry. Established in 2001, FRR was created to ensure the long-term sustainability of France's pension system, managing substantial assets across various operational regions within the country. The fund primarily focuses on investment management, aiming to optimise returns while minimising risks for future retirees. Its unique approach combines a diversified investment strategy with a commitment to responsible investing, setting it apart in the market. With a significant market position, FRR has achieved notable milestones, including consistent performance in asset growth and a strong commitment to transparency. As a key player in the retirement funding landscape, Fonds De Reserve Pour Les Retraites continues to shape the future of pensions in France.
How does Fonds De Reserve Pour Les Retraites's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Insurance Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Fonds De Reserve Pour Les Retraites's score of 34 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Fonds De Reserve Pour Les Retraites (FRR) reported a Weighted Average Carbon Intensity (WACI) of approximately 0.213 kg CO2e per EUR for its corporate bond portfolio. This data reflects the organisation's commitment to understanding and managing its carbon footprint, although specific total emissions figures for Scope 1, 2, and 3 are not disclosed. FRR has set ambitious reduction targets, aiming for a 20% decrease in emissions from its developed market equities and corporate bond portfolios by 2025, compared to 2019 levels. This target applies to both Scope 1 and Scope 2 emissions, indicating a comprehensive approach to reducing its carbon impact. Additionally, FRR is committed to supporting the energy transition, with plans to increase investments in this area from 2023 to 2050. This long-term strategy aligns with global climate goals and demonstrates FRR's proactive stance on sustainability. Overall, while specific emissions data is limited, FRR's initiatives and targets reflect a strong commitment to reducing its carbon footprint and contributing to climate action.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Fonds De Reserve Pour Les Retraites is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.