BPCE - Risk Report - Pillar III 2020

CLIMATE RISKS

AWARENESS AND TRAINING

Awareness and training 14.3

Awareness/training

DEPLOYMENT OF A THEMATIC VERSION OF THE RISK PURSUIT ON CLIMATE RISKS

analyze climate risks using associated tools; • formalize opportunities and action levers for the banker and • the insurer. Its deployment began at the end of 2020 and will continue in 2021.

The Climate Risk Pursuit is an interactive training tool developed by the Risk division in close collaboration with the CSR/Sustainable Development department. This tool aims to raise awareness among all Group employees about climate risks, their impacts and environmental, social and governance issues. This interactive training module, accessible on the Group’s training platform, is a fun quiz. DISTANCE LEARNING IN THE FORM OF MOOCS The Climate Risks division is developing online training on climate risks and their challenges for bankers and insurers on a suitable platform. This training will take place in one-hour chapters, combining video, interview, presentation and accessible to all Group employees. The purpose of this online training is to: understanding the challenges of climate change and the risks • involved; identify the climate risks weighing on customers and their • financial impacts; In June 2020 the Climate Correspondents division was created, as recommended by the ACPR in its report “Governance and management of climate risks by banking institutions: some best practices” of May 2020. A correspondent is present within the Risk division of each Group entity. Their roles and missions are as follows: keeping up to date with the work of the Climate Risks division • in order to be able to mention it to the risk management and compliance director of the institution, or even to its governing bodies; be the local relay for the work to the teams concerned in order • to raise awareness and promote internal discussions on these topics; be informed of regulatory changes and market exchanges that • may impact the activity of establishments; respond to requests from working groups dedicated to certain • projects. Creation of a sector and its coordination

REFLECTION AND AWARENESS-RAISING WORKSHOPS ON CLIMATE RISKS

Reflection workshops were held quarterly for the whole of 2020 bringing together the Group’s sectors (Risks, Commitments, CSR, Commercial, Legal, Insurance, etc.). These moments of exchange are based on proven cases of physical climate risks such as floods, drought or hailstorms. Proven cases of transition risks will be developed in the course of 2021. The purpose of these scenarios is to identify the main consequences and opportunities related to the case study for the banker and the insurer, as well as to draw up an action plan with the main preventive measures (reducing risk). exposure to the incident) and possibly protection (reduction of impacts during the incident). The participants, brought together for their complementarity, thus appreciate the multiple facets of climate risks and each bring their skills and experience. In this respect, the launch day of this sector was held on Friday, September 11, which presented all the systems deployed or being deployed in terms of climate risks. The Climate Risks division organizes a breakfast conference each quarter involving internal and external experts. This involves presenting the latest news but also discussing and discussing climate risk tools and projects. This constitutes an additional communication mechanism. A discussion group on the intranet is also dedicated to climate risks and sustainable finance. This channel is used to communicate the latest news on the subject within the Group. A monthly newsletter has been published by the Climate Risks division since October 2020. It presents the major projects of the month, recent and upcoming events, as well as the main climate news.

14

239

RISK REPORT PILLAR III 2020 | GROUPE BPCE