NATIXIS - Universal registration document and financial report 2019

NON-FINANCIAL PERFORMANCE REPORT Business line contributions to green and sustainable growth

These indicators will be monitored quarterly as of the end of 2019, and nearly all the loan portfolio will be assigned a rating in 2020. The GWF methodology is open and scalable and it will be able to incorporate the criteria included in the EU classification system on what can be considered an environmentally sustainable economic activity — the so-called taxonomy — as progress is made by the European Commission Technical Expert Group (TEG).

Corporate & Investment Banking’s Green and Sustainable Hub published several reports (1) in 2019 to raise awareness and understanding of the implications of the TEG’s work. These reports include in-depth analysis on the three topics addressed by the TEG in 2019 on the European Commission’s request, namely the taxonomy, the new European Green Bond Standard and climate and ESG benchmarks.

Financing and investment in renewable energy 6.3.2.2

Renewable energy financing In 2019, CIB’s infrastructure financing teams arranged 25 (3) new deals totaling €2.1 billion, representing installed capacity of 7,832 MW: 8 onshore wind farms with a total capacity of 2,429 MW; V 3 offshore wind farms with a total capacity of 1,498 MW; V 15 PV and concentrated solar power projects with a capacity of V 3,712 MW. 2 hydroelectric facilities with a capacity of 193 MW. V Renewable energy accounted for more than 90% of total financing granted by CIB in the electricity production sector in 2019.

Renewable energy is constantly setting new records in terms of installed capacity: 175 GW (2) was rolled out in 2018, up from 157 GW in 2017, with a total of 2,356 GW around the world. New solar energy capacity installed in 2018 (98 GW) outstripped new fossil fuel electricity production capacity. The proportion of electricity production from renewable sources has reached 26.1% in 2018 in the world. In 2019, Natixis once again played a leading role in renewable energy financing, in particular in Asia and Latin America and in offshore wind farms in Europe.

Total installed capacity of renewable energy projects financed by Natixis per year

Amount arranged by Natixis for renewable energy projects per year

7,832

(in MW)

(in €m)

7,152

2,089

1,786

4,855

1,313

6

1,015

2,846

669 642

1,769

1,415

2019

2019

2014 2015

2016 2017

2018

2014 2015

2016 2017

2018

2019 KEY EVENTS Financing for offshore wind farms in France and internationally

Natixis funded the first offshore wind farm in France off the coast at Saint-Nazaire. This 480 MW wind farm has 80 turbines covering a surface area of 78 km located between 12 km and 20 km offshore and at depths ranging from 12 m to 25 m. It will be operational in 2022 and it is expected to produce the equivalent of 20% of the electricity consumption of the Loire-Atlantique department. In 2019, Natixis also played a major role in the renewable energy sector in Asia, where it financed the SIHU project, which has a capacity of 640 MW. This offshore wind farm in Taiwan will be China’s biggest facility. On completion, it will supply clean energy to over 450,000 homes in Taiwan, saving nearly 916,000 metric tons of CO 2 per year.

https://gsh.cib.natixis.com/center-of-expertise (1) Excluding major hydroelectric dams. (2)

1 deal include solar and wind power, 1 deal include solar, wind and hydro power. (3)

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2019