Our core business is life insurance. To provide an annual return to our policyholders, financial management is benchmarked. The Best-in-class approach is the one that best meets this constraints. It is
Since 2017, the alignment of equity portfolio with model portfolios including European values compatible or accompanying the energy transition, model portfolios deployed in collaboration with the Bank Postale asset management ( (LBPAM) and Mirova (Natixis investment managers) is added. The objective of CNP assurances is that the management of the listed equity portfolio is aligned with these portfolios, which strongly weights the contribution to the energy and ecological transition.
We have a screening strategy that includes the exclusion of the anti-personnel mines and cluster munitions industries. More globaly we also exclude companies that do not respect the Global Compact principles.
We established a list of sensitive countries in which we do not invest, for risks of non democratic, non liberty, corruption or tax heavens
In our climate strategy, we also do not invest in coal industry: since 2015 we do not hold any shares or more bonds listed companies which carry more than 20% of their turnover in a thermal coal-related activity.