This enhanced rating comes in recognition of the Group's inclusion of environmental, social and governance (ESG) issues in its policies (development, human resources, risks, business ethics, cybersecurity, etc.).
MSCI emphasizes in particular the efforts made by BPCE to satisfy and inform the customers of the Banques Populaires and Caisses d'Epargne retail banking networks, and the quality of the Group's data protection and IT security processes.
This rating makes the Group one of the highest-rated banks worldwide, thereby improving its access to funding from institutional investors used to finance our customers' projects.
MSCI ESG Research is the world's largest provider of ESG ratings and research.
MSCI ESG Research provides MSCI ESG Ratings on global public and a few private companies on a scale of AAA (leader) to CCC (laggard), according to exposure to industry-specific ESG risks and the ability to manage those risks relative to peers.
Learn more about MSCI ESG ratings here.