French Green Public Label

Novethic has been selected by the French Ministry of the Environment, Energy and Marine Affairs as an auditor of the French Label for the Energy and Ecological Transition. Launched in late 2015, this certification is awarded to investments focused on financing the ecological and energy transition. From the standpoint of investors, this green certification ensures the transparency and quality of the environmental characteristics of the financial products in question, confirmed through an audit by an independent third-party expert.


The French Label for the Energy and Ecological Transition covers a broad range of funds dedicated to financing the green economy, including funds invested in listed equity, private equity, green bond and infrastructure (renewable energy farms, collective transport, etc.).

To guarantee the environmental qualities of certified funds, the specifications drawn up the Ministry of the Environment, Energy and Marine Affairs stipulate the minimum proportion of green activities of the companies in the portfolio in the form of a detailed sector-based analysis grid.

The specifications also provide for the exclusion of businesses directly involved in the nuclear and fossil fuel sectors and those having seriously violated the principal international standards on human rights and environmental protection.










Novethic, an expert and independent auditor

Novethic, an expert and independent auditor

Novethic has been identifying financial products with environmental and/or social value added for investors since 2009. Having created and coordinated its own certification, it is now placing its dual experience as a specialised auditor and as a promoter of the concept of certifying financial products on environmental and social criteria at the service of the French Label for the Energy and Ecological Transition.

Since 2 March 2016, Novethic has been qualified to receive certification applications from equity funds, green bond funds, infrastructure funds and private equity funds and conduct audits consistent with the guidelines of the Ministry of the Environment, Energy and Marine Affairs.

Each criterion in those guidelines will be thoroughly assessed to guarantee the quality and transparency of certified funds relative not only to their management methods but also to their contribution to the energy transition.

Novethic will then promote the certified funds by highlighting their characteristics and certification on its website and at presentations made in France and internationally by the Novethic teams.


Applications

Applications

To apply for the French Label for the Energy and Ecological Transition, applicants simply contact the Novethic research centre, which will organise the application process.

Funds currently in the creation process may apply providing their investment strategy formally ensures that they can guarantee the respect of the French Label for the Energy and Ecological Transition criteria.

The certification is awarded for one year.