NATIXIS // 2021 Universal Registration Document
7 ACCOUNTABILITY REPORT ENVIRONMENTAL AND SOCIAL RESPONSIBILITY 2021 Business line contributions to green and sustainable growth
Solidarity investment
7.2.1.5
Natixis offers a range of SRI and solidarity-basedEmployee Savings Plans via Natixis Interépargne , a pioneer in responsible, solidarity-based employee savings. Natixis Interépargnewas the first company to offer its customers responsible and solidarity employee share ownership plans (SRI and Finansol certified respectively), even before it was legally required to do so.
Natixis Interépargne is part of a sustainable approach as a leading player in employee savings and retirement savings plans in France with more than €30 billion in assets held. Assets under custody account for 19% of this market in France, valued at €162.4 billionby the Association Française de la Gestion Financière (AFG). In addition, Natixis Interépargne offers more than three million savers who trust it the opportunity to invest in SRI and Solidarity funds managed by Natixis Investment Managers International.
Evolution of Natixis Interépargne solidarity and SRI company savings bookkeeping (1)
11.55
9.99
8.94
7.61
4.29
3.53
Total labeled company savings (€bn)
SRI-labeled company savings (€bn)
Finansol-labeled company savings (€bn)
2020 2021
At the end of June 2021, Solidaire employee savings amounted to €13.7 billion according to the AFG and Natixis Interépargne, for its part, retained €3.7 billion in Solidaire employee savings at the same date. Over the past year, some solidarity mutual funds have passed symbolic milestones. The Impact ISR Rendement Solidaire fund exceeded €1 billion in assets under management and the Impact Actions Emploi Solidaire fund exceeded €100 million, while the latter’s master fund called Insertion Emploi Dynamiquemanaged by Mirova has exceeded €1 billion in assets. Solidarity finance outstandings are very dynamic and have doubled at Natixis Interépargne in 5 years, rising from €2 billion at the end of 2016 to nearly €4.3 billion at the end of 2021. Natixis Interépargne’s savings inflows and Mirova’s portfolio management expertise combine to provide financing for sustainable and solidarity-basedprojects. Projects such as these are developed by investing in companies that strictly observe ESG criteria, or by allocating resources to entities in the social and solidarity-based economy.
Mirova’s Insertion Emplois Dynamique fund, which was launched in 1994, was one of the first solidarity-based“90/10” funds dedicated to job creation in France. The solidarity allocation (10% of assets) finances structures with a positive social impact across the country in conjunctionwith France Active, while the equity allocation (90% of assets) has invested since 2014 in listed companies planning to create jobs in France over 3 years, based on analysis performed by Mirova. This fund was awarded the “Relance” label launched in October 2020 by the French Treasury: this label aims to direct French savings towards investment vehicles that support the economic recovery plan unveiled by the French Government following the COVID-19 crisis. In December 2021, the fund reached €1 billion in assets under management. Individual customersaccount for more than half of the fund’s net inflows. Mirova manages €1.4 billion of solidarity assets under management (2) .
Any fund that mentions a management policy under the label in question in its legal documentation is considered to be "labeled". (1) Solidarity Funds (Mirova Solidaire) and solidarity-based 90/10 funds. (2)
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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2021
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