ESG-Climate Policy Report

The report describes the Crédit Agricole Assurances Group's 2020 ESG-Climate policy, focused on responsible investment, carbon-footprint reduction and financing the energy transition. It reports €1.7 billion invested in renewable-energy projects and close to 5 GW of funded generating capacity. The policy was adopted at the highest tier of governance, namely the Board of Directors and Executive Committee. The report also sets an average annual target of reducing the carbon footprint by 3.2% across all investment portfolios, with scenario analysis and climate-risk stress testing used to assess transition and physical risks.