The retail banking networks and their cooperative shareholders are represented respectively by the Fédération Nationale des Banques Populaires (FNBP) and the Fédération Nationale des Caisses d’Epargne (FNCE), bodies that provide a setting for deliberation, communication, and representation.
To enhance Groupe BPCE’s commitment to a proactive policy on social and environmental responsibility, a Group CSR Department, reporting directly to Laurent Mignon, Chairman of the Management Board, was created in November 2020 and assigned the task of drawing up a common CSR strategy for all the entities of the Group as a whole. The Group CSR Department is also responsible for coordinating all the initiatives taken by the Group’s companies in this area, notably in light of the targets defined in the new strategic plan, BPCE 2024.
A climate risk function was also set up in 2020 with a view to bringing together a network of correspondents in all the Group’s different companies and businesses. This function reports to the Climate Risk division of the Group Risk Management department.
1 - The Supervisory Board validates the Group’s strategy and supervises the management of climate-related risks and opportunities
The Supervisory Board validates, controls and gives perspective to the climate strategy of Groupe BPCE presented by the BPCE Management Board.
The Board is assisted in this task by two independent specialized committees: the Risk Committee and the Cooperative & CSR Committee.
The Supervisory Board defines the method and amount of remuneration awarded to each of the members of the Management Board.
Organization of bodies involved in the fight against climate change
Organization of bodies involved in the fight against climate change
This diagram shows the organization of bodies involved in the fight against climate change.
The Climate Risks division reports to the following committees:
- Non-Financial Risk Committee
- Climate Risk Committee
The Operational Committees report to the Executive Management Committee and control the following committees:
- ESG Regulatory Steering Committee
- Sustainable Development Task Force
- CSR Coordination Committee who also reports to the Environmental Transition Strategic Committee
The Executive Management Committee controls the following committees:
- Climate Risk Committee, who also reports to the Risk Committee
- EMC CSR Committee
- Environmental Transition Strategic Committee who also reports to the Cooperative & CSR Committee
The Supervisory Board is divided into 2 committees:
- Risk Committee
- Cooperative and CSR Committee