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Natixis ceases financing coal industries
Natixis decided to end its financing of coalfired power plants and thermal coal mines, and to no longer accept new advisory or arrangement mandates linked to financings of this type. Natixis is the only bank to have made such a commitment for its activities worldwide. As part of its general purpose financings, Natixis also decided not to finance companies whose business is over 50% reliant on coal.
Abstract from Target 2016, Natixis corporate document