BloombergNEF interviews Natixis’ Orith Azoulay on the bank’s integration of climate risk into its credit decision-making process

In an interview with BloombergNEF, Orith Azoulay – Global Head of Green and Sustainable Finance at Natixis CIB – discusses the bank’s incorporation of climate risk into its credit decision-making process. Natixis is working to improve the environmental impact of its balance sheet and align over time with the Paris Agreement by applying a colour rating to each deal that it does with every sector worldwide, apart from the financial sector.

Speaking about the idea behind the Green Weighting Factor, Azoulay notes that the internal mechanism “links analytical capital allocation to the degree of sustainability of each financing” and its objective is to “measure, monitor and steer the progressive greening” of Natixis’ activity.

The bank has announced the intention to share this mechanism with the market, as all banks will need to look into how they evaluate the environmental impact of their activity.

To read the full article, please click here.