BPCE_REGISTRATION_DOCUMENT_2017

6 SOCIAL, ENVIRONMENTAL AND SOCIETAL INFORMATION A range of services to meet the challenges facing our customers

BREAKDOWN OF PROJECTS CONSIDERED BY REGION ➡ (NUMBER) – SINCE 2015

In the interest of establishinglasting relationswith its customers,the objective is to raise awareness among the business lines – before a credit decision is made – of all the situations that can give rise to reputational risk, and where necessary to consider appropriate measures. Overview of financing transactions over the last three years 212 transactions were subject to an E&S assessment, E&S risk monitoringand/or reputationalrisk analysis over the last three years, including 89transactions in2017 alone,up 35% compared to 2016. Number of transactionsby geographic region and sector:

Asia-Pacific 29%

North & South America 31%

23%

Middle East & Africa

17%

Europe-CIS

BREAKDOWN OF PROJECTS CONSIDERED BY SECTOR ➡ (NUMBER) – SINCE 2015

Implementation of CSR policies for sensitive sectors Internal CSR policies have been drawn up and included in the risk policies of the business linesworkingwith the mostsensitivesectors. To date, CSR policies have been set up for financing activities in the following sectors, based on the guidelines set out below: defense: very specific criteria apply to each transaction,setting out ● rules for the types of equipment accepted and the eligibility conditions of import and export countries. These criteria are an addition toNatixis’exclusionpolicy (see next inset); nuclear: compliance with the strictest international security rules ● (IAEA, etc.), reliability of technologies, demonstrationby the host country and the operator of their capacity to control and operate their nuclearindustry,based onspecific criteria; oil, gas and mining industries: selection of operations that ● demonstratetheir operators’ ability to manage the environmental, social, health and safety aspects of their activities, in adherence with current regulations,internationalstandards (IFC, World Bank) and industry recommendationsand best practices.Oil sands and oil projectsin the Arctic are excluded (see next inset); mobile assets used for offshore oil and gas production: adherence ● to maritime and sector-specific regulations; selection of assets according to operator quality, their country of establishment (ensign) and the certifying body according to well-establishedand recognized classifications; palm oil: traceability and compliance with best practices and ● applicable standards.

Other 7%

Mining 16%

Renewable energies 13%

26%

Oil & Gas

(1)

Electricity (excl. renewable energy) 21%

Infrastructure 17%

(1) including special ships and offshore platforms

550

Registration document 2017