Environmental and social responsibility sits at the very center of our strategic goals, and our clients expect our support in their own business transformation.
Nicolas Namias, Chief Executive Officer at Natixis
Since 2017, ESR has been managed by a dedicated department, reporting to Natixis’ Corporate Secretary and member of the senior management committee. The department is supported by a network of close to 200 correspondents across all Natixis’ business lines and support functions worldwide.
Moves to take on board environmental and social risks are a real performance and growth driver for our business lines, as we support our clients in staging their own transition to a more sustainable business model and offer them innovative solutions.
Finance can – and must – take a leading role in the fight against climate change, and Natixis is fully mobilizing its business lines to align on 2°C goals.
Louis Douady, Global Head of Environmental and Social Responsibility (ESR)
Combating climate change
Our innovative Green Weighting Factor ® offers effective support in the fight against climate change, as we decarbonize our balance sheet. We also apply sector policies designed to reduce financing for the most sensitive sectors, and manage the greenhouse gas emissions resulting from our own day-to-day business operations.
Natural capital conservation
Natixis joined the Act4nature International initiative in 2018, and mobilizes all its business lines to offer concrete solutions to preserve and restore biodiversity.
Our commitments most notably include the development of financial solutions to support biodiversity in our Asset & Wealth Management, Corporate & Investment Banking and Insurance businesses. We have also pledged not to finance projects in IUCN protected areas I and II, in wetlands of international importance under the Ramsar convention or areas listed as UNESCO world heritage sites, and ensure compliance with initiatives to mitigate the impact on biodiversity.
Protecting human rights
Respect for human rights is a fundamental principle.
- Natixis naturally applies this principle in our human resources management policy, safeguarding working conditions and health and safety in the workplace worldwide.
- We take this on board in our responsible purchasing policy, as we select suppliers and products that incorporate consideration of environmental and social impacts, particularly in terms of human rights.
- Natixis also incorporates human rights aspects into its financing approval process, applying the Equator principles, which require clients to consider the potential environmental, social, health and security risks and effects of their projects, and take all necessary steps to mitigate and address these.
Criteria we take on board in our assessment include:
Respect for staff (ban on forced labor and child labor, no gender discrimination, compliance with good working conditions)
Safety and security of communities
Acquisition of land and fair compensation for involuntary resettlement
Remediation of negative impacts on indigenous communities.
We also draw on our inhouse ESR Screening tool to assess ESG risks applicable for corporate clients at Corporate & Investment Banking.
Our contribution to the Sustainable Development Goals (SDG)
The SDGs were adopted in 2015 by the 193 United Nations (UN) member states during the summit for sustainable development in New York, and provide the foundations for the 2030 Agenda, which sets out 17 worldwide goals with the aim of fighting inequality, exclusion and injustice, tackling climate change and the erosion of biodiversity, as well as putting an end to extreme poverty.
Our code of conduct and our voluntary commitments
Our code of conduct lists rules and best practices i.e. protecting clients’ interests, business ethics and responsible behavior in our relationships with co-workers, shareholders and society more broadly speaking, as well as protecting Natixis’ and Groupe BPCE’s reputation.
Our ESR indicators and performances
As of 31/12/2020
As at 31/12/2020
As at 31/12/2020
Our non-financial ratings
Natixis is assessed by the main non-financial ratings agencies, as we post solid environmental, social and governance performances.
Assessments from the main non-financial ratings agencies
2020 CSR rating
2019 CSR rating
2018 CSR rating
* Since 2020, Natixis completed the CDP questionnaire (Carbon Disclosure Project) with BPCE.
Natixis features in the major ESR indices: Vigeo.Eiris Europe 120 indices, Stoxx indices particularly Stoxx Global ESG Leaders, Stoxx Europe 600 ESG-X and Euro Stoxx Low Carbon.
Our ESR documentation
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