CNP Assurances meets environment investment target three years ahead of schedule

Written by Adam Cadle

16/02/2023

CNP Assurances and its subsidiaries invested €25.2bn in the environment as of the end of 2022, meeting the previous €25bn target three years in advance.

Between 2019 and 2022, the carbon footprints of the firm’s investment portfolio and internal operations decreased by 49% and 35% respectively, and thus CNP Assurances exceeded the target for reducing the investment portfolio’s carbon footprint two years ahead of schedule.

The firm recorded premium income of €36bn for 2022 up by 13.7% on the previous year, and an attributable net profit of €1,939m has been recorded (up 25%).

CNP Assurances recorded an SCR coverage of 230%, up by 13 points compared to the previous year.

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