We are creating the conditions for strong and sustainable trust
Through an open and transparent dialogue
Pursuing a dialogue with all the Group's stakeholders is central to our CSR approach. Our CSR initiatives aim to achieve a set of societal and environmental challenges and to satisfy our customers’ new expectations.
At the same time, we establish a close, day-to-day dialogue with all our stakeholders: individual and professional customers, cooperative shareholders, employees, institutional and financial partners, representative federations, professional unions, regional economic actors, ESG (environment, social and corporate governance) rating agencies, investors, etc.
Through strict and meticulous compliance with business ethics
We are committed to managing the legal, regulatory and ethical risks for the benefit of our customers, employees and partners. We therefore ensure strict compliance with the laws, regulations and good professional practices in all Group companies. This has led to the publication of a Group Code of Conduct and Ethics approved by the Steering and Supervisory Board in 2018. This code lays down rules of good conduct regarding the interests of our customers and cooperative shareholders, employer and employee responsibilities in addition to our corporate social responsibility. We also pursue a rigorous and transparent tax policy.
For further details about the Group’s actions related to Ethics & Compliance
Consistent with the most exacting international standards
> The Global Compact: reporting at level GC of the United Nations’ Global Compact, which defines ten principles covering human rights, labor standards, environmental protection and anti-corruption measures.
Principles for Responsible Banking (PRB). Groupe BPCE and Natixis have signed the Principles for Responsible Banking, undertaking to align their business strategy with the objectives expressed in the United Nations Sustainable Development Goals and the Paris Climate Agreement. By signing the UNEP FI Principles for Responsible Banking, Groupe BPCE and Natixis join a worldwide coalition of 130 banks, representing more than USD47 trillion in assets, and commit themselves to playing a decisive role in contributing to a sustainable future.
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> Sustainable Development Goals (SDGs): 9 goals positively impacted by our efforts through our internal management, philanthropic actions and, more particularly, our financing activities (social, associations, renewable energies, agriculture, education, health, microfinance, etc.).
> Principles for Responsible Investment (PRI): adherence since 2008, via Natixis, to the Principles for Responsible Investment which support institutional investors in incorporating environmental, social and corporate governance considerations into the investment decision-making process.
In 2020, the international network of investors recognized two of the Group's companies as leaders in the field of climate reporting: Natixis Assurances, in the institutional investor category, and Mirova, a Natixis subsidiary specializing in sustainable finance, in the asset manager category.
> Equator Principles: signatory since 2010, via Natixis, to the Equator Principles, which aim to take social and environmental risks into account when financing projects. By adhering to the UNEP FI Principles for Responsible Banking (28 founding signatories), Natixis becomes one of the first financial institutions to formally align its strategy with the sustainable development objectives defined by the United Nations and the Paris Climate Agreement.
> ISO 26000: wanting to give its commitments and actions an even more tangible dimension, Groupe BPCE has signed up to this widely accepted, robust international standard by rolling out ISO 26000 external evaluation procedures within its different entities. In this respect, it has set itself the goal of doubling the number of institutions assessed by 2020.
