BPCE - 2020 Universal Registration Document

NON-FINANCIAL PERFORMANCE STATEMENT

SUPPORTING THE ENERGY, ECOLOGICAL AND SOCIAL TRANSITION IN LOCAL REGIONS

SUMMARY OF METHODS ADOPTED

Company

Calculation method

Percentage of portfolio

Carbon footprint

Global warming scenario Global warming due to portfolio = 1.5°C

All of its equity, bond, and infrastructure portfolios

Assessment of the carbon footprint

Mirova

Proprietary model

Scopes 1 and 2 carbon footprint for portfolio companies tCO 2 eq/€m of revenue

195 tCO 2 eq per €m in revenues

DNCA

69% of portfolio

Initial estimate of the carbon intensity (Scopes 1 and 2) of

54% of the portfolio Net Asset Value

62 tCO 2 eq per €m invested (based on 2018 data) 3 funds: 241 tCO 2 eq per €m in revenues Mandate: 209 tCO 2 eq per €m in revenues

portfolio companies tCO 2 eq/€m invested

Naxicap

Carbon footprint measurement TCO 2 eq/€m of revenue

12.3% of assets under management

Ossiam

Methodology of alignment with IPCC temperature scenarios

Carbon footprint measurement

185.8 tCO 2 eq per €m in revenues

Open-ended funds 13% of portfolio

Ostrum

Scope 1 and 2 carbon intensity (tCO 2 eq/€m of revenue) Scope 1 and 2 carbon footprint (tCO 2 eq* % of share capital) Carbon footprint per €m in revenues held SBTi: reduction of the carbon footprint – Scopes 1 and 2 (GHG, water, energy, waste)

Calculation of the percentage of assets

assessed, as aligned with the 2° climate scenario by 2050 Calculation of the green and fossil share of the three SRI funds – Trucost database

The indicator is published for 100% of open-ended fund

ECOFI

For all open UCIs

48% of assets under management

48% of assets under management

PAM (1)

44% of the US real estate portfolio

AEW Capital Management

SBTi Method trajectory

PAM: Palatine Asset Management. (1)

Portfolios not listed above are not currently subject to a consolidated assessment in terms of their alignment with global warming scenarios or carbon footprint. COMPLIANCE WITH INTERNATIONAL COMMITMENTS Natixis’ commitment to the Collective Commitment to Climate Action within the framework of the Principles for Responsible Banking (PRB) As part of its commitment to the PRBs, Natixis joined the Collective Commitment to Climate Action of the United Nations, alongside 30 other banks, which defines concrete and time-bound actions to support the energy transition. Natixis then undertook to: align its portfolios to reflect and finance a low-carbon and • resilient economy, necessary to limit global warming to below 2°C, by striving to reach 1.5°C; take concrete action within one year of joining and use its • products, services and customer relationships to facilitate the economic transition needed to achieve climate neutrality; report publicly on its impact on the climate and the progress • made in relation to these commitments.

The implementationof the Green Weighting Factor (GWF) will enableNatixis to meet these targets. It is a managementtool that can be replicatedby all banks wishing to engage in the transition of their portfolio. Natixis will gradually share it with its peers, notablywith the banks committedto the climatebrought together by the United Nations Environment Program Finance Initiative (UNEP FI), amongthe signatoriesof the Principlesfor Responsible Banking(PRB) [See Section 6.4.2.1 GWFa: n innovativesolutionto greening the financing portfolio, in Natixis' URD. Growing commitment of Natixis’ management companies to the Principles for Responsible Investment (PRI) Twenty-one affiliates of Natixis Investment Managers, jointly holding 93% of all assets managed by NIM affiliates, are signatories to the PRI as of December 31, 2020: AEW CILOGER, AEW Capital Management, Alliance Entreprendre, Dorval Asset Management, DNCA, Flexstone Partners, Harris Associates L.P., Investors Mutual Limited, Loomis Sayles, Mirova, MV Credit, Naxicap Partners, Ossiam, Ostrum AM, Seeyond, Seventure Parners, Thematics Asset Management, Vega Investment Managers, Vauban Infrastructure Partners, Vaughan Nelson IM WCM Investment Managers. NIM Solutions, a fund distribution and services platform, is also a signatory.

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UNIVERSAL REGISTRATION DOCUMENT 2020 | GROUPE BPCE

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