TCFD REPORT 2021 TACKLING CLIMATE CHANGE 23 PUTTING CLIMATE AT THE HEART OF OUR BUSINESS STRATEGY Green loans In addition to green bond issues, since 2018, Natixis has developed green or sustainable financing (green loans or sustainable loans), in two forms: loans earmarked for the financing of environment-related projects, specifically climate impact initiatives (in the form of term loans called “green loans”), and syndicated loans backed by ESG criteria (in the form of “Revolving Credit Facilities,” or Green RCF, called “sustainability-linked loans” or “ESG-linked loans”). The green and sustainable loans market is growing: 31 transactions havebeenclosedin2020. STRUCTURING A FIRST “LOW-CARBON ALUMINUM” TYPE FINANCING PLATFORM Natixis is committed to extending the scope of sustainable finance to all financing instruments, including trading activities. Thus, Natixis supported Trafigura in the design and structuring of a first “Low-Carbon Aluminum” type financing platform of up to $500m. This platform was designed to meet the growing demand from downstream manufacturers for low-carbon aluminum and to help upstream producers accelerate their transition to low-carbon technologies. The environmental transition of many industries will largely rely on the creation of a low-carbon aluminum value chain from extraction to end-use. This financing is the first step in this process, notably by mobilizing the key players in this value chain. Low-carbon structured products Natixis has developed structured solutions based on the climate indices developed since 2015 2 . Such solutions have been provided in innovative formats—structured notes, green bonds and equity-linked bonds—to meet the need for investment in sectors contributing to the energy and ecological transition with solutions designed for both retail and institutional investors in various geographies. Extending sustainable finance to international commodity trade NRG pioneered the first Sustainability-Linked Bond (SLB) in North America, and the first issued by any energy company outside of Europe. In concert with our Direct Energy acquisition, the SLB will support NRG’s efforts to pursue growth, provide more clean energy options to our customers, and bring increasing value to our stakeholders. Our comprehensive sustainability framework is foundational to our company strategy. We have a legacy of leading our sector in sustainability, transparency and disclosure, and the issuance of this Sustainability-Linked Bond is another example of our dedication to lead in the energy transition to net-zero. Natixis, who acted as our sole sustainability-linked bond structurer and coordinator provided invaluable expertise and guidance in ensuring a successful issuance, and an alignment with best market practice. Gaëtan Frotté Senior Vice President and Treasurer, NRG 2.Euronext ECO5E index launched in 2018 and the Climate Orientation, Solactive Climate and Energy Transitions indices