BPCE - Risk Report - Pillar III 2020

14 CLIMATE RISKS

AWARENESS AND TRAINING

Participation in market meetings and commitments

The Group participates in: the AMF’s Climate and Sustainable Finance Commission, • created on July 2, 2019, whose role is to develop practices, increase transparency and facilitate the incorporation of sustainability and funding in favor of more sustainable activities; the ACPR’s Climate Commission, which regularly monitors • and assesses the commitments undertaken by banks and insurers, and ensures that such commitments are consistent with the strategic guidelines of institutions. It also coordinates with the NGFS (Network for Greening the Financial System) created by France, which now totals nearly 50 central bank and international organizations among its supervisors; the Climate Committee of the FBF, chaired by the Chairman of • the Management Board of Groupe BPCE. The FBF encourages its members to adopt a carbon strategy and to work with the supervisory authorities to develop methodologies to assess the exposure of their portfolios to climate risks and to align investment portfolios with a 2°C scenario.

On September 23, 2019, Natixis and Groupe BPCE signed the Principles for Responsible Banking, which define the role and responsibility of the banking industry in building a sustainable future, in keeping with the UN Sustainable Development Goals and the 2015 Paris climate agreement. By joining, Groupe BPCE and Natixis are committed to being transparent about their positive and negative impacts on people and the planet. Groupe BPCE and Natixis will focus on where they will have the greatest impact, in their core business. They will set and then publish and implement ambitious targets to reinforce their positive effects and address any negative aspects in line with global and local targets. Groupe BPCE also contributes to the work of the European banking associations on the Net Zero Initiative, with the goal of making progress on its climate risk management policy and expanding its environmental expertise.

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RISK REPORT PILLAR III 2020 | GROUPE BPCE

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