THE GROUPE BPCE CLIMATE REPORT OCTOBER 2021

Contents

CONTENTS

GOVERNANCE

The senior management of Groupe BPCE is committed to developing and implementing its climate strategy and to identifying, assessing, and managing the climate change risks liable to affect the Group’s business activities and its customers.

Page 6

STRATEGY

The climate is a core element of Groupe BPCE’s strategic plan, an issue that mobilizes the energy of all its businesses in support of their customers’ environmental transition by providing solutions to address their needs for financing, investment or insurance.

Page 14

RISK MANAGEMENT

Physical and transition climate risks are subject to specific management policies involving the adoption of procedures and analytical tools designed to identify and assess these risks and integrate them into the Group’s risk appetite framework.

Page 26

METRICS & TARGETS

In order to align its activities with a carbon neutrality trajectory by 2050, Groupe BPCE is working on the adoption of a set of metrics designed to gauge the climate impact of its financing and investment portfolios.

Page 38