CNP Assurances has put in place an engagement approach towards the largest GHG emitters of its equity portfolio in order to meet its objective of carbon footprint reduction. These actions began in 2015 and continue in 2017: extension of the scope of voting at shareholder’s general meetings to all the energy sector, even in the case of very marginal holding; negative vote on executive compensation for companies not contributing or insufficiently to the ecological and energy transition, 4 companies are concerned; on-line dialogues with energy companies (2 one-to-one in 2017); engagement by partnering since mid-2016 with Mirova's letters to ESG high-risk companies and contributing little or no to the ecological and energy transition and on which there is no direct dialogue. Thus, 26 companies were contacted on behalf of CNP Assurances as part of these efforts. Exchanges with companies focused on the ability for companies to offer products and services that respond to sustainable development issues and on the adoption of good practices in environmental, social and governance risk management. 10 companies gave a favorable feedback to the improvement tracks mentioned.