Our convictions on carbon offsetting

In our view, offsets only make sense if they come with a prior target of reducing emissions.


Carbon footprint definition

  • Scope 1: Emissions from facilities owned or controlled by the company making the declaration: real estate, vehicles, etc.
  • Scope 2: Emissions associated with the production of electricity, heat or steam used by the company
  • Scope 3: All other indirect emissions across the entire company's value chain (suppliers, waste treatment, business trips, etc.)


Our approach to carbon offsetting

To measure the carbon footprint of our portfolios, we rely on data provided by Trucost and use scopes 1, 2 but also 3, which is still quite rare in the market today.

A partnership with the European leader in carbon offsetting


Regarding carbon offsetting, we called on EcoAct, a climate-carbon strategy consultancy firm, in particular they are the European leader in voluntary carbon offsetting.

Beyond the robustness of their selection process, what interested us in EcoAct's approach is their overall vision of the projects, both environmental and social. Supporting local communities in the transition to new practices and new sources of income is indeed a strong component of generating impact for each project.


Bespoke solutions fitting clients needs and specificities

  • French distribution network
  • Selection of our Climate methodology and creation of 2 dedicated solutions: 100% equities, 50% equities + 50% credit
  • Implementation of a target to reduce the carbon footprint of portfolios by 20% compared to their benchmark index
  • Implementation of a compensation mechanism for the remaining carbon emissions