TCFD REPORT 2021 TACKLING CLIMATE CHANGE 13 PUTTING CLIMATE AT THE HEART OF OUR BUSINESS STRATEGY Identify climate-related opportunities Natixis seeks to be in a position to offer all of its clients, in all locations, products and services to support their transition to a low-carbon climate resilient economy and in adapting to the impacts of climate change. As a result, for each of its business lines, Natixis has identified multiple opportunities linked to climate change and the related transition and adaptation needs: 1 We know that to avert the worst impacts of climate change, we must keep global temperatures to within 1.5 °C of the pre-industrial baseline. That means reducing global greenhouse gas emissions by 45 per cent from 2010 levels by 2030 and reaching net zero emissions by 2050. The global mean temperature for 2020 was around 1.2 °C warmer than pre-industrial times, meaning that time is fast running out to meet the goals of the Paris Agreement. We need to do more, and faster, now. António Guterres Secretary-General of the United Nations Scope Business activity Business opportunity Climate risk mitigation Current level of development Level of impact CORPORATE & INVESTMENT BANKING Financing Strong growth of sustainable financing activity: • dedicated use-of-proceeds green loans (including renewable energy, transport, infrastructure) • sustainability-linked loans (with climate-related KPIs) • sustainable capital calls financing • sustainable trade finance (supply chain, commodities) Transition risk *** *** • Financing of dedicated adaptation activities • Sustainability linked-loans with adaptation KPIs Physical risk * ** Advisory • Client engagement and advisory on climate transition • Sustainable business M&A advisory Transition risk *** *** Client advisory on climate adaptation related issues Physical risk * ** Capital markets Strong growth of sustainable bond structuring: • dedicated use-of-proceeds green bonds • transition bonds (with climate-related KPIs) Transition risk *** *** Sustainable bonds targeting adaptation activities Physical risk * * • Green investment product structuring • Sustainable fixed income product offer Transition risk ** ** Green securitization / CMBS Transition risk * ** Development of sustainable equity indices targeting issuers active in climate change mitigation and/or adaptation Physical risk ** ** Sustainable foreign exchange offering Physical risk * *