Mirova and Carbone 4 are jointly developing an innovative method to measure companies' contribution to the energy transition

Mirova, the responsible investment subsidiary of Natixis Asset Management, has enlisted the expertise of Carbone 4 to jointly develop a methodology and a decision-support tool for assessing companies’ contributions to reducing global greenhouse gas (GHG) worldwide.

 Mirova was founded on the ambition to integrate sustainability considerations into the core of its investment processes, with the aim of generating a positive impact on the economy and delivering attractive, sustainable returns for its clients. The company therefore naturally joined the “Montreal Carbon Pledge” and “Portfolio Decarbonization Coalition” initiatives, launched in parallel by the Principles for Responsible Investment (PRI) and the United Nations Environment Programme Finance Initiative (UNEP-fi) ahead of COP 21 (the 2015 Paris Climate Conference).

These commitments involve measuring the carbon footprint of Mirova’s investments in listed equities, with the goal of achieving a level consistent with the international community’s objective of limiting global warming to +2°C. Achieving this climate goal requires, above all, significant investments in carbon-free energy and energy-efficiency solutions. Beyond the need to manage the carbon footprint of its investments, Mirova therefore recognized the need to establish a methodology for measuring their contribution to the desired energy transition scenario.

In this context, Mirova turned to Carbone 4, a consulting firm that has developed, among other things, the Bilan Carbone methodology and the carbon analysis methodology for projects financed by the French Development Agency (AFD). The joint development of this methodology will enable Carbone 4 to freely assist all investors wishing to incorporate the risks and opportunities associated with climate issues into their investment decisions. The methodological principles will be published in September 2015 and shared with all financial stakeholders interested in the initiative.

Press Contacts

Natixis Barbara Durand Tel. +33 (0)1 58 19 47 41 barbara.durand@natixis.com

Carbone 4 Dorothée Coloby Tel: +33 (0)1 76 21 10 00 dorothee.coloby@carbone4.com

Mirova Fany de Villeneuve Tel. +33 (0)1 42 86 82 39 fany.devilleneuve@shan.fr

About Carbone 4

Founded by Alain Grandjean and Jean-Marc Jancovici, Carbone 4 is an independent consulting firm specializing in the energy transition, which offers its expertise to public and private sector organizations. Convinced that proactively addressing the challenges of climate change is the best possible approach, Carbone 4 works with its clients to help them transform these challenges into a powerful driver of innovation, a key competitive advantage, and a source of motivation for their teams. For the financial sector, Carbone 4 develops methodologies and tools tailored to each business line to enable them to measure and highlight the carbon impact of their financing and their contribution to the energy transition. www.carbone4.com

About Mirova

Mirova has developed a comprehensive approach to responsible investing: equities, fixed income, infrastructure, impact investing(1), voting, and engagement. Mirova has €4.5 billion in assets under management and €38.3 billion in voting and engagement. Mirova brings together some 40 multidisciplinary experts: thematic investment specialists, engineers, financial and ESG(2) analysts, project finance specialists, and experts in social finance. www.mirova.com    @Mirova_RI (1) Impact investing: investment management with a strong social and environmental impact. (2) ESG: Environmental, Social, and Governance. (3) Seeyond is a brand of Natixis Asset Management. Mirova is a wholly owned subsidiary of Natixis Asset Management.

About Natixis Asset Management

With €313.3 billion in assets under management and 648 employees(1), Natixis Asset Management ranks among the leading European asset managers. Natixis Asset Management offers its clients—including institutional investors, corporations, private banks, distributors, and banking networks—tailored, innovative, and high-performing solutions organized around six key areas of expertise: Fixed Income, European Equities, Investment and Client Solutions, Structured Products and Volatility (developed by Seeyond(2)), Global Emerging Market Equities, and Responsible Investment (developed by Mirova(3)). www.nam.natixis.com (1) Source: Natixis Asset Management – December 31, 2014. (2) Seeyond is a brand of Natixis Asset Management. (3) Mirova is a wholly owned subsidiary of Natixis Asset Management.

About Natixis

Natixis is the corporate banking, asset management, insurance, and financial services arm of Groupe BPCE, France’s second-largest banking group with 36 million customers across its two networks, Banque Populaire and Caisse d’Epargne. With more than 16,000 employees, Natixis operates in three business areas in which it possesses strong industry expertise: Corporate Banking, Savings & Insurance, and Specialized Financial Services. It provides long-term support worldwide to its own client base of corporations, financial institutions, and institutional investors, as well as to the individual, professional, and small and medium-sized business clients of the BPCE Group’s two networks. www.natixis.com Figures updated as of December 31, 2014