CSRD : les banques françaises face  leurs positions passes

An analysis by Reclaim Finance reveals that in 2020, Crédit Agricole, BNP Paribas, BPCE, Société Générale, and the Fédération bancaire française (FBF) unanimously supported the CSRD. These institutions advocated for mandatory common standards, climate transition plans aligned with European goals, and the extraterritorial application of reporting rules to ensure comparability. They also supported lowering the reporting threshold to companies with 250 employees to facilitate green financing. The report contrasts these past positions with current industry efforts to simplify or weaken the regulation.

• In 2020, the four largest French banks (Crédit Agricole, BNP Paribas, BPCE, and Société Générale) and the French Banking Federation (FBF) expressed unanimous support for the CSRD and the establishment of mandatory common extra-financial standards to improve the comparability and reliability of corporate data.
• The analyzed financial institutions specifically requested more climate-related transparency, including transition plans. Crédit Agricole and BNP Paribas sought information on transition policies and strategies, while Société Générale and BPCE requested transition plans aligned with European objectives or a 2°C scenario.
• The banks supported the extraterritorial application of reporting standards, arguing that the directive should apply to all entities with operations in Europe, not just those domiciled in the EU, to maintain a common base for comparability.
• The financial actors supported lowering the reporting threshold from 500 employees (under the NFRD) to 250 employees, asserting that this would help new actors access ecological transition financing through simplified CSRD standards.
• Regarding small and medium enterprises (SMEs), the banks advocated for a simplified reporting standard that should be mandatory rather than voluntary.

APA

Martin, L. (2025). CSRD : les banques françaises face  leurs positions passes. Reclaim Finance. https://reclaimfinance.org/site/2025/02/14/csrd-les-banques-francaises-face-a-leurs-positions-passees/

Chicago

Martin, Léo. CSRD : les banques françaises face  leurs positions passes. Reclaim Finance, 2025. https://reclaimfinance.org/site/2025/02/14/csrd-les-banques-francaises-face-a-leurs-positions-passees/.

Wikipedia

{{cite report |last1=Martin |first1=Léo |title=CSRD : les banques françaises face  leurs positions passes |publisher=Reclaim Finance |date=14 February 2025 |url=https://reclaimfinance.org/site/2025/02/14/csrd-les-banques-francaises-face-a-leurs-positions-passees/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{martin2025csrd, author = {Martin, Léo}, title = {{CSRD : les banques françaises face  leurs positions passes}}, institution = {Reclaim Finance}, year = {2025}, month = feb, url = {https://reclaimfinance.org/site/2025/02/14/csrd-les-banques-francaises-face-a-leurs-positions-passees/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }