BPCE - 2019 Universal Registration Document

NON-FINANCIAL PERFORMANCE REPORT

APPLYING CSR IN OUR ACTIVITIES

IN EUROPE: SUSTAINABLE FINANCE Natixis is part of the Technical Expert Group (TEG) on Sustainable Finance set up by the European Commission. The TEG is responsible for building a European action plan on financing sustainable growth and proposing a taxonomy of sustainable economic activities. BPCE also takes part in specific working groups set up by European banking organizations to contribute to the TEG’s work. These include the European Savings and Retail Banking Group (ESBG), the European Association of Co-operative Banks (EACB), and the European Banking Federation (EBF). IN FRANCE: ADDRESSING CLIMATE CHANGE On July 2, 2019, at an industry-wide meeting with the Minister of the Economy and Finance, Bruno Le Maire, the main organizations and federations representing the Paris financial center published a shared declaration setting out new commitments to mitigate climate change and help reach the goal of zero net carbon emissions by 2050, by: encouraging members to adopt a coal divestment strategy, • with a defined divestment timetable, and to include this in their ESG reporting from 2020; conducting methodological research in collaboration with • supervisory authorities on how to evaluate portfolio exposure

to climate risk and assessing the alignment of investment portfolios with a 2°C scenario. The Paris financial center will also contribute to the diffusion and open source standardization of these methodologies; monitoring commitments with the creation of an observatory • to track the actions and achievements of Paris financial center members in the realm of green and sustainable finance. The observatory, which will include a scientific committee, will be jointly governed by the main professional bodies (AFG, FBF, FFA, France Invest) and by Finance for Tomorrow. To this end, the ACPR and the AMF have each set up a Climate and Sustainable Finance Committee, of which Groupe BPCE is a member. The FBF has set up a Climate Committee chaired by Laurent Mignon which brings together representatives from the Risk and CSR departments of all French banking groups. Concerning the preparation of climate stress tests: Groupe BPCE is part of the ACPR’s working group to draw up stress test scenarios pursuant to Article 173-V of the French act of August 17, 2015 on the energy transition for green growth. In 2019, the working group began to review the sectors most exposed to physical and transition risks and to examine existing methodologies in order to propose an approach that can be used for climate stress tests.

Other national commitments Signing date Commitment

Entities concerned

2010

Corporate Diversity Charter

Groupe BPCE

Cancer@Work

14 Groupe BPCE entities

2017

Work-Life Balance Charter

14 Banques Populaires, 15 Caisses d’Epargne and Natixis

Starting in 2015

Supplier Relations and Responsible Procurement label backed by the ISO 20400 Responsible Procurement standard

11 Group entities

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UNIVERSAL REGISTRATION DOCUMENT 2019 | GROUPE BPCE

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