2025-04-01
The Prudential Control and Resolution Authority (ACPR) has established the Climate and Sustainable Finance Advisory Commission to guide its supervision of financial institutions regarding sustainable finance objectives and climate risk governance. The Commission, chaired by a College member and including representatives from supervised entities, academia, and the NGFS, is tasked with developing methodologies for tracking portfolio greening and proposing regulatory improvements. This decision replaces the previous 2019 framework and mandates regular reporting to the ACPR College on the Commission's analyses and recommendations.
SUPERVISION COLLEGE DECISION Decision No. 2025-C-13 of March 17, 2025 Establishment of an Advisory Commission THE COLLEGE IN PLENARY SESSION Having regard to the Monetary and Financial Code, particularly Article L. 612-14-I; DECIDES Article 1: An advisory commission, called the Climate and Sustainable Finance Commission, is hereby established, charged with:
2 The Commission is seized by the ACPR President. Article 2: I - The presidency of the Climate and Sustainable Finance Commission is exercised by a member of the Supervision College designated by the latter, upon proposal from the ACPR President. One or two Vice-Presidents are also designated by the College according to the same procedures. The President of the AMF or their representative is an ex officio member of the Commission. II - The Commission also includes persons from companies supervised by the ACPR and their professional federations, as well as persons from the academic world, associations, and think tanks active in the field of competence of the Commission. The Commission also includes a representative of the network of central banks and supervisors for the greening of the financial system (NGFS). These members are appointed for a term of 3 years. The list of Commission members is set out in the Annex. The composition of the Commission respects the principle, or failing that, the objective of parity between women and men. Article 3: The President sets, for each meeting of the Commission, its agenda and the list of members and other persons to be summoned. The President may invite qualified persons on the subject under discussion to the Commission's work. The Director General of the Treasury or their representative is invited to the Commission's meetings. The President of the Sanctions Commission may designate a member who attends the Commission's work. The General Secretariat of the ACPR ensures the secretariat of the Commission. The secretariat prepares a summary report of the debates at the end of each meeting. It is communicated to the members for approval at the next meeting. Article 4: The President establishes a work schedule which is presented at the first meeting for each referral. Article 5: The Commission regularly reports to the ACPR's Supervision College on its analyses, where applicable, accompanied by its proposals, through its President.
3 Article 6: This decision repeals and replaces Decision No. 2020-C-39 of October 3, 2019 of the Supervision College of the Prudential Control and Resolution Authority regarding the establishment of an advisory commission as amended. Article 7: This decision will be published in the Official Register of the Authority. The President, François VILLEROY de GALHAU
4 Annex Members of the Climate and Sustainable Finance Commission President: Ms. Christelle LECOURT, member of the Supervision College of the Prudential Control and Resolution Authority. Vice-President: Ms. Patricia CRIFO, member of the Supervision College of the Prudential Control and Resolution Authority • Ms. Anna CRETI, Scientific Director of the Natural Gas Economics Chair (Paris-Dauphine University, Mines School, IFPEN, Toulouse School of Economics); Scientific Director of the Climate Economics Chair (Paris-Dauphine University) • Mr. Ulrich HEGE, Professor at the Toulouse School of Economics • Mr. David ZERBIB, Professor at the École des Hautes Études Commerciales (EDHEC) • Ms. Karen DEGOUVE, Sustainable Finance Director at the Federation of French Banks • Ms. Adrienne HOREL-PAGES, Director of Citizen Engagement, La Banque Postale • Ms. Marie-Lore AKA, ESG Risk Manager, BNP PARIBAS • Mr. Mikaël PREBET, Environmental Risks Manager of the Crédit Agricole Group, Crédit Agricole S.A. • Ms. Christine TARRAL, Technical Reference Director for Finance and Investments, France Assureurs • Ms. Dora ELMRI, Public Affairs, AXA Group • Ms. Stéphanie GOUJON, Director of the Mutualist Footprint - General Management Committee, VyV Group • Mr. Jean-François COPPENOLLE, Sustainable Investments Manager, Investments Department, ABEILLE ASSURANCES Group • Mr. Antoine de SALINS, Managing Director, I-Care • Ms. Nathalie BORGEAUD, Lead, Financial Markets Engagement, TNFD • Ms. Anuschka HILKE, Director of the Financial Institutions Program, I4CE • Mr. Antoine PUGLIESE, Sustainable Finance Expert at WWF-France, WWF • Mr. Michel CARDONA, qualified individual • Ms. Emmanuelle ASSOUAN, General Director of Financial Stability and Operations, Bank of France • Mr. Thierry PHILIPPONNAT, Chief Economist at Finance Watch, member of the EFRAG sustainability reporting council • Ms. Margaud SAUVAGET, Deputy Head of Sustainable Finance Bureau / Mr. Arthur CAMPREDON, Deputy Head of Sustainable Finance Bureau, General Directorate of the Treasury of the Ministry of Economy, Finance and Industrial and Digital Sovereignty: The AMF is represented by Mr. Viet-Linh NGUYEN, Head of the Strategy and Sustainable Finance Unit and Secretary of the AMF's Climate and Sustainable Finance Commission.