BNPP AM is a member of the Engagement Advisory Committee on methane emissions formed in 2017 by the PRI (Principles for Responsible Investment). The purpose of this committee is to give investors the help they need to gain a better understanding of their exposure to risks related to methane emissions, identify company good practices, and encourage stakeholders in the gas value chain to improve their management of methane emissions, reduce those emissions and be more transparent on this issue. BNPP AM acts on behalf of initiative members in a process of dialogue with two oil industry companies. … via the solidarity savings products offered During 2017, BNPP AM hosted two meetings with these companies by BNPP AM. In 2017, 28% of our solidarity to discuss their methane emissions goals and practices. These investments were devoted to providing meetings were open to other members of the initiative, and proved a rich source of information and lessons for the future. providing 20,000 startup businesses with long- Discussions will continue in 2018. term funding and support. In this context, BNPP AM is one of the partners that advances microloans to people excluded from the banking system to help them create their own businesses. We also work alongside Initiative France, which provides funding for entrepreneurs who make social solidarity and responsibility the core of their business. So our solidarity funds give investors the opportunity to fund the growth of companies engaged in projects that deliver high levels of social and/ The Green Bond fund managed by BNPP AM is distinctively different from other green bond funds, because its methodology ensures that the issuing company and its actions have a real and measurable impact on climate change. In practical terms, the dialogue with green bond issuers is based on a two-stage analysis. Firstly, at the time of issue into the primary market, analysts meet the issuers to verify the environmental when the impact report is published by the issuers, analysts challenge it to ensure that the ecological impact and green €93 investment allocation are capable of protecting the value of the m investments made. Rarely found in the world of SRI funds and recognised by the PRI. of solidarity investment in France for emerging countries INVESTING FOR A SUSTAINABLE FUTURE 11