Group overview

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Crédit Agricole CIB specialises in the businesses of capital markets and investment and corporate banking.

» COMMITTED AND RESPONSIBLE


Serving our clients

Crédit Agricole CIB is resolutely focused on financing the real economy and supporting major projects that generate lasting momentum across all regions. The Bank publishes sector-based CSR policies for sectors with the most important socially-responsible objectives. It is also the first French bank to have subscribed to the Equator Principles, a reference in responsible finance, and is one of the banks to have participated in the drafting of the Green Bond Principles. The fight against global warming is a key social issue and one of the focuses of Crédit Agricole CIB's CSR policy.


CSR sector policies

Crédit Agricole CIB includes ESG criteria in its financing policies.

These criteria predominantly reflect the citizenship-oriented issues that are most relevant for a corporate and investment banking institution, particularly in terms of respect for human rights, combating global warming and protecting biodiversity.

Crédit Agricole CIB deploys specific CSR policies for sectors where these issues are the most prevalent: Weapons, Energy (Oil and Gas, Shale Gas, Coal-Fired Thermal Power, Hydropower, Nuclear Power), Metals and Mining, Transport (Aviation, Shipping, Automotive), Transport Infrastructures, Real Estate, Forestry & palm oil.


The Equator Principles

When the Equator Principles were launched in 2003, Crédit Agricole CIB became the first French bank to sign them. In a few short years, the Equator Principles have become the benchmark for responsibility in project finance. This commitment to comply with certain social and environmental requirements is a crucial element of Crédit Agricole Group's corporate responsibility policy. It involves Crédit Agricole CIB's project finance teams on a day-to-day basis, and gives an active role in the decision process to a variety of actors.

The Equator Principles represent a voluntary, unilateral commitment to perform a detailed analysis of environmental and social aspects of each new project financing and to link financings to compliance with a number of requirements.

Their implementation at Crédit Agricole CIB

The Equator Principles apply to Crédit Agricole CIB’s entire project finance business line, including for projects that do not reach the USD 10 million threshold. Every project is classified by a comity (CERES CommitteeThe CERES Committee is headed by Crédit Agricole CIB's Compliance Head and gathers 5 voting members (or their representative):
- the president,
- one of the Natural resources, infrastructure and power business line's co-head,
- the Head of Risk and Permanent Control,
- the Head of the Sustainable Development mission in Crédit Agricole S.A., assisted by Crédit Agricole CIB's Head of Sustainable Development,
- the Head of Crédit Agricole S.A.'s Industrial and Sector Research unit.
The legal department and the communications direction are also represented in this committee.
) in one of the three categories defined by the International Finance CorporationThe International Finance Corporation (IFC) is a member of the World Bank Group.

IFC provides investments and advisory services to build the private sector in developing countries.

Source: ifc.org
(IFC), based on its location and its potential impact on the environment and the local social fabric. If there is a need for increased vigilance, the project is classified for monitoring as sensitive.

In a few years, these principles have become a market standard, a benchmark of the best social and environmental practices in project finance. 80 financial institutions now subscribe to these principles, and compliance with them has become a prerequisite for success in international syndications of the most sizeable deals.


The Green Bonds Principles

Crédit Agricole CIB co-drafted the Green Bond Principles.
These Green Bond Principles suggest process for designating, disclosing, managing and reporting on the proceeds of a Green Bond.
They are designed to provide issuers with guidance on the key components involved in launching a Green Bond, to aid investors by ensuring the availability of information necessary to evaluate the environmental impact of their Green Bond investments and to assist underwriters by moving the market towards standard disclosures which facilitate transactions.


Our "Green" Offers

Sustainable Banking
In 2010, a Sustainable Banking team was created within the Client coverage division of Credit Agricole CIB, with the objective to better assist the Bank's key clients for environmentally-friendly and socially-responsible transactions.
Our Sustainable Banking offer

Renewable energies
Financing renewable energies is an integral part of Crédit Agricole CIB’s strategy, and the Bank is a leading provider of such project financing. The Bank first entered this sector in 1997 by financing the first wind farms, and in 2008 it financed a solar energy project in Spain. The Project Finance business line has financed a total of 303 wind farms generating more than 14,000 MW and 35 solar farms representing more than 1,800 MW in installed capacity. In terms of the number of financing transactions, renewable energy represented nearly one-half of all project financing for power plants in 2014.





More about the Equator Principles

More about the Equator Principles

FReD, Crédit Agricole Group's original CSR approach

FReD, Crédit Agricole Group's original CSR approach


"We try to act in a particularly effective and useful way for the planet as well as for all our clients."

Eric Cochard,
Head of Sustainable Development

Decoding: Crédit Agricole CIB's environnemental impact