As a result, the Group has created a plan to incorporate climate risks into its risk management policies and processes. Caisse des Dépôts has undertaken four steps:
- It has included climate risks in its risk management policies since 2018;
- It has included climate risks in the internal financial ratings developed by the Risk Management Department;
- It has constructed a score that rates the climate risk to the Group’s financial statement;
- Assessing the financial impact of different climate scenarios