As an engaged player, Crédit Mutuel Alliance Fédérale wants to make a tangible contribution toward building a responsible world that reflects its values, by galvanizing managers, elected directors and employees around a set of shared goals.
An SMR policy integrated into the strategic plan
The SMR approach, which is integrated into the strategic plan, is a vector for innovation, wealth creation and sustainable growth based on a strengthened relationship of trust.
Strongly committed to respecting the trajectory of the Paris Climate Agreement, Crédit Mutuel Alliance Fédérale has chosen an ambitious "climate" strategy and has included three ambitious objectives in its strategic plan in terms of ecological and climate transition.
NZBA Commitments
Crédit Mutuel Alliance Fédérale endorses the commitment signed by Crédit Mutuel Group to join the Net Zero banking alliance organized by the United Nations to support the global transition of the real economy towards net zero emissions.
The report below presents Crédit Mutuel Alliance Fédérale's Net Zero Banking Alliance commitments.
Crédit Mutuel Alliance Fédérale non-financial performance statement
Crédit Mutuel Alliance Fédérale's extra-financial performance statement demonstrates its determination to become a leading socially responsible player. Identifying the main social, environmental and governance risks specific to our mutual business model. It reports on both the concrete actions in force and the avenues for improvement that are still possible and already envisaged by our group.
First bank with the status of entreprise à mission.
In 2020, Crédit Mutuel Alliance Fédérale has adopted a raison d'être in line with its values: Together, listen and act.
It has become the first bank to be granted mission-oriented status, following a participatory process involving mutualist elected representatives and employees. It has five long-term missions aimed at affirming its identity and values and mobilizing its skills and energies around a common dynamic. These commitments reinforce those of the RSM approach, in particular those related to the group's climate strategy and its environmental ambition to align its activities with the trajectory of the Paris Agreement.
The implementation of these commitments will be monitored by a mission committee, which will ensure that the company puts in place the resources, governance and ambition necessary to progress in its missions.
International goals, standards and initiatives we support
Principles for Responsible Banking
The Group has signed the PRB, a framework to ensure that the strategy and practices of signatory banks align with the Sustainable Development Goals and the Paris Climate Agreement. The Group also abides by the PRB Commitment to Financial Health and Inclusion, a groundbreaking commitment to promote universal financial inclusion and foster a banking industry that supports the financial health of customers.
Principles for Responsible Investment
The Group has signed the PRI through its subsidiaries Groupe La Française, Dubly Transatlantique Gestion, Crédit Mutuel Asset Management, Banque de Luxembourg Investments, and CIC Private Debt. The PRI proposes a range of possible actions to integrate ESG issues into investment practices.
United Nations Global Compact
Since 2003, Crédit Mutuel has been committed to the United Nations Global Compact initiative and its Ten Principles on human rights, labour standards, the environment and anti-corruption. The group obtained the "Global Compact Advanced" level in July 2021.
Net Zero Banking Alliance
By joining the Net Zero Banking Alliance organized by the United Nations, the Group is in line with the carbon neutrality objective of the Paris Agreement and aims to align banking portfolio emissions with trajectories leading to net zero greenhouse gas emissions by 2050.
Net Zero Asset Managers initiative (NZAMi)
The Group, through its subsidiary La Française Group, has joined the Net Zero Asset Managers initiative and is committed to supporting the goal of zero net greenhouse gas emissions by 2050, in line with global efforts to limit global warming to 1.5 degrees Celsius, and to supporting investments aligned with the goal of zero net emissions by 2050.
Task Force on Climate-related Financial Disclosure (TCFD Framework)
The Group, through the subsidiary the La Française Group, has supported the TCFD's recommendations since December 2017. By committing to work on the implementation of the TCFD's recommendations, the Group is thereby demonstrating that it is taking steps to build a more resilient financial system through climate-related disclosure.
Poseidon Principles
The Group, through the CIC, has signed the Poseidon Principles, which provide a framework for the integration of climate considerations into lending decisions to promote the decarbonization of international shipping.
Banque Fédérative du Crédit Mutuel
4 rue Frédéric-Guillaume Raiffeisen
67000 Strasbourg
France
Financial Ratings
- S&P A-1andA+ stable
- Moody's P-1andAa3 negative
- Fitch Ratings F1+andAA- stable
Extra-financial Ratings
- MSCI: AA
- Sustainalytics: 19,7
- ISS ESG: C
- Moody's ESG: 64
Correspondant Banking
- RCS 355 801 929-Strasbourg
- Swift: CMCIFRPA XXX
- Clearstream: 70323
- ESES: Adhérent 181 et 381