France · act

Loi Climat et Résilience — Art. 29

Loi n° 2021-1104 Art. 29 + Décret n° 2022-539

In forceApplies 2021-08-22Verified 2026-08-22

Scope

Asset managers and institutional investors (France-regulated)

Penalties

AMF supervision; publication orders and fines

Last verified

2026-08-22

In plain language

What this law does

Dictionary termClimate disclosureThe practice of companies and financial institutions publicly reporting climate-related risks, opportunities, governance, strategy and emissions — now shifting from voluntary frameworks to mandatory law.Read the full definition for financial market participants exceeding TCFD: strategy Dictionary termAlignmentThe deliberate process of making strategies, requirements, incentives, data or actions consistent enough to support a shared objective without necessarily making them identical.Read the full definition with the Dictionary termParis AgreementThe 2015 global climate treaty committing countries to hold warming well below two degrees Celsius and pursue efforts to limit it to one point five degrees.Read the full definition , biodiversity strategy, GHG emissions (incl. financed, Scope 3), targets, and ESG integration in governance and risk management.

Formal requirements

What the law requires

Reviewed provisions grouped by practical purpose. Use the official text for the full legal context.

Disclosure requirements

  1. Climate & Dictionary termBiodiversityThe variability of life within species, between species and across ecosystems, together with the relationships that allow living systems to function.Read the full definition disclosure for investors/large issuers

    Loi Climat et Résilience — Loi n° 2021-1104, Art. 29
  2. Dictionary termESG integrationThe explicit and systematic inclusion of ESG issues in investment analysis and decisions (PRI definition).Read the full definition policy disclosure in product documentation (prospectuses)

    Loi Climat et Résilience — Loi n° 2021-1104, Art. 29

Metrics and KPIs

  1. Portfolio temperature-Dictionary termAlignmentThe deliberate process of making strategies, requirements, incentives, data or actions consistent enough to support a shared objective without necessarily making them identical.Read the full definition metrics

    Loi Climat et Résilience — Loi n° 2021-1104, Art. 29
  2. fossil-fuel exposure

    Loi Climat et Résilience — Loi n° 2021-1104, Art. 29
  3. Dictionary termBiodiversity footprintA biodiversity footprint is an estimate of the pressures or impacts that an organisation, product, activity or consumption pattern places on biodiversity.Read the full definition indicators

    Loi Climat et Résilience — Loi n° 2021-1104, Art. 29

Dictionary

Key terms for this law

Terms with a retained, published connection to this legal source.