Sustainable Fitch Affirms Groupama’s Rating at ‘2’

23 January 2026

Sustainability

Sustainable Fitch has affirmed Groupama’s Rating at ‘2’ and increased its entity score to 65 from 63.

According to Sustainable Fitch, this reflects the group’s high level of integration of sustainability factors into investments, comprehensive sectoral exclusions and continued progress towards environmental targets.

The group is a signatory to the Net-Zero Asset Owner Alliance and committed to transitioning its investment portfolio to net-zero emissions by 2050.

The group’s business activities demonstrate alignment with sustainability goals through climate risk insurance and dedicated products for low-carbon agriculture. The group achieved a 60% reduction in the carbon intensity of its investment portfolio between 2021 and 2024, and a 24.7% decrease in operational emissions since 2019. It aims to invest EUR1.2 billion in sustainable assets between 2024 and 2027.

According to the agency, our social profile is supported by a relatively low overall gender pay gap and the implementation of social targets, such as achieving the level of gender diversity required by the French Cope-Zimmerman and Rixain laws.

The group’s governance profile remains stable, with the board having two employee representatives and 31% of members being independent. The separation of CEO and chair roles enhances checks and balances within the governance system.

For more details, please see the press release published by Sustainable Fitch.