According to Sustainable Fitch, this reflects the group’s high level of integration of sustainability factors into investments, comprehensive sectoral exclusions and continued progress towards environmental targets.
The group is a signatory to the Net-Zero Asset Owner Alliance and committed to transitioning its investment portfolio to net-zero emissions by 2050.
The group’s business activities demonstrate alignment with sustainability goals through climate risk insurance and dedicated products for low-carbon agriculture. The group achieved a 60% reduction in the carbon intensity of its investment portfolio between 2021 and 2024, and a 24.7% decrease in operational emissions since 2019. It aims to invest EUR1.2 billion in sustainable assets between 2024 and 2027.
According to the agency, Groupama’s social profile is supported by a relatively low overall gender pay gap and the implementation of social targets, such as achieving the level of gender diversity required by the French Cope-Zimmerman and Rixain laws.
The group’s governance profile remains stable, with the board having two employee representatives and 31% of members being independent. The separation of CEO and chair roles enhances checks and balances within the governance system.
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