Editorial

 CNP Assurances was one of the first French companies to pledge to uphold the United Nations Global Compact, in the firm belief that companies have a duty to fulfil the expectations of all of their stakeholders. By this we mean not just shareholders, customers and employees, but also partners and local communities.

Our commitment to this principle has steadily deepened over the past 12 years. Corporate Social Responsibility has become a force for change and value creation. It is the bedrock of the multi­channel, multi-partner strategy we are deploying both in Europe and in South America.

Year after year, this report measures our progress in meeting the major challenges facing our organisation in this vital area.

In 2015, we enthusiastically supported initiatives to combat global warming presented at the COP21 Climate Change Conference in Paris. As well as continuing to keep a constant watch over our own CO2 emissions, we made a commitment to support the environmental and energy transition through our investment strategy. Our targets include doubling our green investments by 2017, achieving a 20% reduction in the carbon footprint of our equity and real estate portfolios by 2020 and excluding from the portfolio all companies that derive over 15% of their revenue from thermal coal.

This commitment is another milestone in our socially responsible strategy in favour of sustainable development.

Frédéric Lavenir

 Chief Executive Officer