Publication of sustainability information

PUBLICATION OF ENTITY-LEVEL INFORMATION

As a responsible institutional investor, CALI Europe, a subsidiary of Crédit Agricole Assurances, takes environmental, social and governance (ESG) factors into account in its investment analysis and decision-making processes and in their monitoring. Certain sectors (renewable energy, healthcare, regional financing) are favoured given the importance of ESG issues.
CALI Europe relies on the expertise of Amundi, the Crédit Agricole Group's asset manager, to integrate non-financial criteria into its investments. This approach includes:

• implementing norms-based exclusions (embargoes, controversial weapons, etc.) and sector-based exclusions (coal, tobacco, etc.), and
• selecting issuers with the best practices in their sector according to the ESG rating calculated by Amundi (minimum individual rating, minimum portfolio rating and comparison with a benchmark universe).

In addition to the ESG rating, non-financial criteria are taken into account based, in particular, on the quality of the certified real estate assets and on the direct influence CALI Europe has, as a shareholder, in the governance bodies of partner companies.
In line with the societal project of the Crédit Agricole Group, which is committed to contributing to the United Nations Sustainable Development Goals, and with the objective of achieving carbon neutrality by 2050, CALI Europe is strengthening its commitments to the energy transition. The responsible investment policy is detailed in Crédit Agricole Assurances' ESG Climate Report, which can be viewed at www.ca-assurances.fr.