# Impact Reporting
## Impact

### Avoided emissions :
“Estimate of emissions that would have been released if a particular action or intervention had not taken place. For example, the use of insulation in premises might reduce the consumption of gas to heat the building with the consequential reduction of GHG emissions from the property. […] In order to determine the level of emissions avoided through the use of certain goods or services, it is necessary first to establish what the level of emissions would have been had the goods or services not been used. This level is known as a baseline level. The avoided emissions are quantified by reference to the difference between the baseline level and level of GHG emissions achieved through the use of the goods or services.”*

### *Source : CDP

### Impact metric :

### Tons of CO₂ equivalent (tCO₂e) per 1Mn invested (in portfolio currency).

## ESG criteria

### The criteria are extra-financial criteria used to assess the Environmental, Social and Governance practices of companies, states or local authorities:

### “E” for Environment (energy and gas consumption levels, water and waste management, etc.).

### “S” for Social/Society (respect for human rights, health and safety in the workplace, etc.).

### “G” for Governance (independence of board of directors, respect for shareholders’ rights, etc.)
Rating scale from A (best score) to G (worst score)

## Avoided emissions *

### tCOe

### Avoided emissions per €1Mn invested per Year406.00

### * Calculation limited to green bond portfolio, based on available data

## Breakdown of avoided emissions* per bond
Green Bonds Weight

### Weight in portfolio

### Green Bonds	94.28%

## Portfolio use of proceeds breakdown by project category
60	80 %
Energy Efficiency (EE)
12.04 %
60 %
40
40 %
Renewable Energy (RE)
Mix RE & EE
Other
3.32 %
15.36 %
53.85 %
20
0
0-500	500-1000	1000-2000	2000-4000	>4000

### Nb Issuers  Weight in portfolio
20 %
0 %
0 %	10 %	20 %	30 %	40 %	50 % 60 %

### Weight in portfolio

### Renewable Energy :More than 70% of the green bond proceeds were allocated to RE projects

### Energy Efficiency : More than 70% of the green bond proceeds were allocated to EE projects Mix : More than 70% of the green bond proceeds were allocated to RE & EE projects combined

### Other : Less than 70% of the green bond proceeds were allocated to RE & EE projects combined and more than 50% of proceeds were allocated to other types of projects (water,

### expressed in tCO₂e per million (in portfolio currency)	waste, etc.)

## Portfolio use of proceeds’ geographic breakdown	Portfolio ESG rating breakdown

### 6.70%	A
24.95
42.04 %

### 15.56% B

### C+ 

### 45.90%	C

### 27.93%	D

### 2.17% E

### 0% F

### 0%	G

### Asia Emerging Europe Global North America Under Review

### 1.73%

### not rated

Translation (ENFR, 2021-06-30):
# Reporting Impact
## Poids Green Bonds

### tCOe

### Emissions évitées par million € investi par an	406,00

### * Calcul effectué sur les titres green bond du portefeuille, basé sur les données disponibles

### Poids dans le portefeuille

### Green Bonds	94,28%

## Répartition par type de projet
60	80 %
Efficacité énergétique (EE)
12,04 %
60 %
40
40 %
Energie renouvelable (ER)
Mix EE et ER
Autres
3,32 %
15,36 %
53,85 %
20
0
0-500	500-1000	1000-2000	2000-4000	>4000

### Nombre d'émetteurs  Poids dans le portefeuille
20 %
0 %
0 %	10 %	20 %	30 %	40 %	50 % 60 %

### Poids dans le portefeuille

### Energie renouvelable : Plus de 70% du produit des obligations vertes ont été alloués à des projets ER

### Efficacité énergétique : Plus de 70% du produit des obligations vertes ont été alloués à des projets EE

### Mix : Plus de 70% du produit des obligations vertes ont été alloués à des projets RE et EE

### Autres :Moins de 70% du produit des obligations vertes ont été alloués à des projets RE et

### exprimées en tCO₂e par million (dans la devise du portefeuille)	EE et plus de 50% du produit ont été alloués à d'autres types de projet (eau, déchets, etc.)

## Répartition géographique	Répartition par notes ESG du portefeuille

### 6,70%	A
24,95
42,04 %

### 15,56% B

### C+ 

### 45,90%	C

### 27,93%	D

### 2,17% E

### 0% F

### 0%	G

### Asie Marchés émergents Europe Global Amérique du Nord Analyse en cours

### 1,73%

### non noté