Having a positive impact on society and environement

 

Our mission is to make insurance more accessible. We do this by extending the risks covered by our guarantees, writing our contractual documents in a language that everyone can easily understand, and developing personalised assistance and prevention services. Our distribution partners continually help us day after day to design new offers aligned with current needs, and to improve the customer experience thanks to a more fluid insurance process.

• 100% online policy subscription with no medical formalities for loans up to one million euros for our “Cardif Libertés Emprunteur” loan insurance contract

• 80% of customers who select "Cardif Libertés Emprunteur" receiv an immediate decision online

• 10,000 simplified contractual documents in three years in our 33 host countries

 

BNP Paribas Cardif has a responsibility both as an insurer and as an investor. Savings from our policyholders are managed with a long-term view and a dual motive: combining financial performance and a positive impact on society as whole.  

 

Our responsible investment approach 

We have used and developed our environmental, social and governance screening of investment decisions since 2008. Investment restrictions and exclusions are also applied to several sensitive sectors. With a carbon filter we assess greenhouse gases emission levels (in tonnes of CO2 equivalent) and the energy transition strategy of companies we invest in.  

100% of directly-held securities are subject to an ESG and carbon filter. 

 

Our positive-impact investments 

• €1.5 billion euros positive-impact investments have been achieved in 2021  

• Our objective : 1 additional billion euros in average per year until 2025 

Read through our  Responsible Investment Report 2021, in line with the French climate and energy law and its article 29. 

 

We abide by the European Regulation EU 2019/2088 “Sustainable Finance Disclosure Regulation” (SFDR) requesting sustainability-related disclosures from financial services actors. These disclosures apply to our legal entity Cardif Assurance Vie, to insurance and retirement contracts and to investment products.  

Discover  Cardif Assurance Vie’s statement about the integration of sustainability risks including its statement on the main negative impacts.

Refer to our list of Sustainable unit-linked (identified as SFDR article 8, 9 and/ or holding an independant label) distributed by BNP Paribas Cardif at 31st December 2021  

 

Our commitment as a shareholder

Our responsible investor duties include voting and company engagement as a long-term value creation enabler.

Discover our company engagement policy (french version) and the annual voting report 2021 (french version) for Cardif Assurance Vie, following the French “PACTE” law and the European Shareholder Rights Directive (SRD2). 

 

Because taking care of society means taking care of people, we promote well-being at work, particularly by designing our offices as open, inspiring spaces. To engage with the rapidly changing insurance market, we have a vast training programme focusing on innovation to help our people prepare for the professions of tomorrow.

• 40% of the space available for our employees

• 2000 employees acquired new skills to prepare for the jobs of tomorrow as part of the Skill up program

• In order to people trained in the professions of tomorrow by 2022 To achieve optimal work/life balance, we help our caregivers employees with a personalized support 

 

 

 

We have also taken strong measures to improve gender equality, and we raise awareness among our managers of the need to combat all forms of discrimination and harassment in order to promote a caring professional environment. We want every individual to be able to express themselves and develop their skills without restrictions due to gender, age, origin, sexual orientation or disability.

• Our Board of Directors is now composed of 9 women and 10 men.  Our Executive Committee is currently at parity.
  See the breakdown details for the year 2021 (in french). 

• Equal pay index: a score of 87 points out of 100 for 2021 in France

• Presentations for managers in France on the topic of diversity

 

 

 

Our responsibility is not limited to our business or to our own interests. It also extends to our commitments to the community.

We adopt ethical behaviour that that we intend to be exemplary. We ensure, for example, that all our employees have been trained in data protection.

We support general interest projects and encourage skills sponsorship, particularly in the areas of financial education and improving the employability of young people (benefiting 3,400 young people). 

Our responsible real estate strategy is based on two pillars, the first, environmental, aims to reduce the energy consumption and carbon footprint of buildings. The second pillar, social, aims to facilitate access to housing:

• 20,000 new homes financed through the “Fonds de Logement Intermédiaire” (FLI) in France, to allow families to find affordable housing