2024-03-01 04:00:27
Each first day of the month has its share of changes affecting household finances. Mars is no exception to tradition.
Reform of the ISR label, act I
It is this Friday March 1st that the overhaul of the ISR label (socially responsible investment), a “buffer” created in 2016 by the Ministry of the Economy and from which 1,229 investment funds currently benefit, totaling 780 billion euros in assets (ministry figures at the end of January 2024).
Among the new features: the label now displays « exclusions »which means that funds must prohibit certain areas of activity (totally or almost, depending on the case).
They are, in particular, now asked to refrain from investing in companies developing new projects linked to fossil fuels (exploration, extraction, refining or transport), but also in companies whose activity is linked to exploitation of coal and unconventional oil or gas (shale gas, oil from tar sands, Arctic fossil resources, etc.).
The details | Article reserved for our subscribers The ISR green financial label will exclude fossil fuels
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“The exclusions are far from being the only novelty but it is an important clarification for the saver, the general public does not expect to find a player like TotalEnergies in ISR investments, but this was sometimes the case with the old reference of the label »notes Grégoire Cousté, general delegate of the Forum for Responsible Investment.
The entry into force of the reform currently only affects new funds labeled from March, “old funds, already labeled, have until the end of 2024 to comply”underlines Michèle Pappalardo, president of the ISR label committee.
In practice | Article reserved for our subscribers Sustainable savings: how to get started, in four steps
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End of “mega-promotions” on hygiene, cleaning and beauty products
Promotions were already capped at 34% (of the sale price) for food products, from March 1 this capping is extended to ” high consumption products “ in general. In practice, cleaning products (laundry detergent, etc.), hygiene products (toothpaste, soap, diapers, etc.) and beauty products (make-up, etc.) are mainly concerned. The measure comes from the law known as EGalim 3 or Descrozaille of March 30, 2023.
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RSA conditional on 15 hours of activity in 47 departments
From March, the conditioning of active solidarity income (RSA) to at least fifteen hours of weekly activity will be tested in forty-seven departments, compared to eighteen today. explains the Service-public.fr website. The Ministry of Labor, Health and Solidarity has not yet communicated the names of the new participating territories.
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