CNP Assurances publishes its responsible investment report

CNP Assurances publishes its responsible investment report

With more than €370 billion invested in all business sectors, CNP Assurances is a major player in financing the real economy. In accordance with the new requirements of article 29 of the climate energy law, CNP Assurances is today publishing its responsible investment report which includes new information on the climate and biodiversity. In 2021, CNP Assurances was one of the first investors to publish the biodiversity footprint of its investment portfolio. In 2022, the Group publishes for the first time a measure of the dependence of its investment portfolio on the loss of biodiversity.

“Committed to taking action against global warming, CNP Assurances is also taking action against the erosion of biodiversity. By signing the Finance for Biodiversity Pledge in 2021, CNP Assurances has set itself new objectives to protect biodiversity. Together with the companies and States that we finance, we must act to reverse the process of degradation of nature and preserve the diversity of life on our planet. » says Stéphane Dedeyan, Chief Executive Officer of CNP Assurances.

  • Biodiversity is at the heart of responsible investment governance at CNP Assurances

Considering that the challenges of biodiversity and the climate are intrinsically linked, CNP Assurances takes them into account in the operational management of its responsible investment strategy. In 2021, the Climate Risks Committee thus integrated biodiversity to become the Climate Risks and Biodiversity Committee. Its objective is to steer the actions put in place to integrate the risks linked to climate change and the loss of biodiversity into all the components of the activity (investment, insurance, internal functioning).

  • CNP Assurances extends the measurement of the biodiversity footprint of its investment portfolio

On the occasion of the release in 2021 of its responsible investment report. CNP Assurances was one of the first investors to publish the biodiversity footprint of its investment portfolio using the Corporate Biodiversity Footprint. This year, the calculation was extended to around thirty sectors (vs. five last year) and now covers 58% of the portfolio of shares and corporate bonds held directly (vs. 11% last year). last). As a reminder, CNP Assurances has undertaken to measure the biodiversity footprint of its entire equity and corporate bond portfolio held directly by the end of 2023, encouraging companies to improve transparency on these issues. At the end of 2021, the biodiversity footprint of the investment portfolio amounts to -25 m².MSA [1] per k€ invested, compared to -47 m².MSA per k€ invested at the end of 2020 at iso-methodology.

  • CNP Assurances publishes for the first time the dependence of its investment portfolio on biodiversity loss

Based on research published by the Banque de France in August 2021 [2], CNP Assurances has estimated the dependence of the companies it finances on the various ecosystem services, which are essential to the survival of the human species and to a large number of economic activities. At the end of 2021, 26% of its directly held corporate equity and bond portfolio comes from companies that are heavily or very heavily dependent on at least one ecosystem service. In other words, more than a quarter of the value of the securities held in the perimeter studied is exposed to a significant risk if an ecosystem service were to disappear in the years to come.

  • By signing the Finance for Biodiversity PledgeCNP Assurances has set itself new objectives to protect biodiversity

While the rate of extinction of species is 10 to 100 times higher today than it has been for the past 10 million years, CNP Assurances signed in September 2021, the Finance for Biodiversity Pledge and has set itself new objectives for the next five years to protect biodiversity. These objectives cover the different asset classes: equities and corporate bonds, real estate, infrastructure, forests. The responsible investment report describes the actions that CNP Assurances has begun to implement to achieve these objectives.


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