Committing as a stakeholder and investor
In the context of Climate Finance Day on 11 December, Caisse des Dépôts signed the French investors’ charter for climate commitment, alongside Bpifrance. The signatories are committing to implementing joint principles, including principles of shareholder dialogue, to ensure the consistency of their activities with the Paris Agreement targets.
Reducing the carbon footprint of portfolios
The objectives announced by Caisse des Dépôts on Climate Finance Day in 2015 were exceeded: by way of an example, the carbon footprint of its equity portfolio has reduced by 27% between 2014 and 2016 (20% reduction planned). Caisse des Dépôts is extending its 20% carbon footprint reduction commitment to the bond portfolios of companies over the 2014-2020 period.
Financing the energy transition
On the Climate Finance Day that it had instigated in 2015, the Caisse des Dépôts group had committed to dedicating €15bn of funding to the energy and ecological transition (EET) between 2014 and 2017. This aim has already been achieved and even surpassed. In addition to these commitments, on 22 February 2017, Caisse des Dépôts launched its first green bond for an amount of €500mn, designed to finance high performing real estate, renewable energy and the clean-up of sites.