You selected an `Other` option in table SAM 02.1 above, please specify
We are still working on this point in order to find a coherent approach.
You selected an `Other` option in table SAM 02.4 above, please specify
For these points, the selection is made taking into account the opportunities offered by the market.
Describe how the ESG information reviewed and discussed affects the selection decision making process.[OPTIONAL]
On the one hand, we do not integrate sovereign securities because of the lack of reliability of the ESG criteria in the States.
On the other hand, we apply principles including exclusion: countries under embargo, countries that do not respect the UN principles, investment restrictions, and any controversial investment decisions. The ESG filters are applied and integrated by our asset manager AMUNDI.
Sectoral policies on tobacco and coal are applied.
Our portfolio rated by financial agencies (Moody's or S&P) is covered by ESG analysis. In the non-sovereign corporate bond pocket, we apply additional restrictive ESG thresholds (SRI filter).
For the sovereign, we are in the process of making the portfolio more reliable, but given that we invest mainly in developed countries, we have little ESG risk and little risk of controversy.
On the diversification pocket (real estate and infrastructure in particular), we are adapting our ESG approach according to the type of assets: green infrastructure and also certified real estate.
Overall, in the bond segment, ESG criteria are integrated and in the equity segment, they are adapted.