Groupe La Poste // CSR REPORT 2022

Improving climate resilience 5 WORKING TO ACCELERATE ENVIRONMENTAL TRANSITION FOR ALL ■

pollution and the protection of biodiversity. They aim to:

La Poste Groupe has reaffirmed the strategic dimension of the energy and environmental transition in its strategic plan “La Poste 2030, committed for you”. For the group, the aim is to strengthen its position as a leader in the environmental transformation, capitalise on its strengths, meet the expectations of its customers and reaffirm its positive impact and its societal utility.

■ continue to reduce greenhouse gas emissions with trajectories in line with the Paris Agreements (1.5°C); ■ position itself as the leader in zero-emission delivery in France and Europe; ■ assert itself as the leader in positive impact finance in Europe (2) ; ■ support regions and customers to have a positive impact on the environment: climate, air quality, resources, circular economy; ■ be the first company with a certified “SBT for resources” natrajectory.

The group’s environmental policy (1) is based on three levers:

■ a climate and energy policy ; ■ a resources policy ; ■ a biodiversity policy .

These policies include commitments in terms of resource management, greenhouse gas emissions, atmospheric

5.1 IMPROVING CLIMATE RESILIENCE Ambition By intensively reducing the GHG footprint of the group’s activities and contributing to carbon sequestration projects outside its value chain, its ambition is to achieve “Net zero emissions” (3) by 2040, driven by the group’s various entities. This ambition is illustrated in particular by the deployment by 2025 of urban logistics ensuring low-emission delivery in 350 cities in Europe.

With regard to the banking and insurance activities, this ambition is materialised through the Net Zero Banking Alliance initiative, which aims to accelerate the reduction of the emissions generated by financing and investment portfolios (4) .

Assessment and objectives - Reduction and adaptation to climate change

2030 target

Indicator

Scope

Unit

2020

2021

2022

AMBITIOUS GHG AND POLLUTANT REDUCTION TRAJECTORIES 30% reduction in GHG emissions over the 2013-2025 period

La Poste

% (22.4)

(17.9)

(26.6)

-30%

■ of which Scopes 1 & 2

La Poste La Poste

% (40.3) % (6.2)

(35.3)

(38.3)

-51%

■ of which Scope 3

(2.2)

(15.9)

-14%

Reduction in GHG emissions over the 2020-2030/ 2040 period (a) 46% reduction in GHG emissions over the 2019-2030 period (b) Obtain electricity from 100% renewable sources (c) by 2025

GeoPost

%

-

8

1.4 -43% in 2030

LBP

%

(15)

na

-46%

LGLP

% 86.3

84.7

89.5

100%

(1) The group’s environmental policy (circular economy policy, energy policy and biodiversity policy) is available on its website. (2) For more information on positive impact finance, see La Banque Postale’s Universal Registration Document, in particular Chapter 2, which can be downloaded from La Banque Postale’s website. (3) “Net zero emissions” is defined by the SBTi and implies a 90% reduction in the emissions by 2050 and full offsetting of the residual emissions by sequestration projects. (4) See Section 2.4.1.1 of La Banque Postale’s 2022 Universal Registration Document.

72 CSR Report 2022/ LA POSTE GROUPE