Rivage sets an ambitious Paris Agreement alignment target

A target temperature for our infrastructure debt portfolio of +1.8°C

In 2023, Rivage has undertaken to set ambitious targets for its infrastructure debt funds to ensure our continuous contribution to the collective efforts to reach global climate goals.

In order to set its alignment pathway to the Paris Agreement for its infrastructure debt funds, the portfolio temperature was calculated by our Climate Data provider Carbone 4:

Based on this initial assessment and with an unchanged underlying reference scenario, we expect to maintain an overall infrastructure debt portfolio temperature well-below +1.8°C by 2030 through the implementation of the following:

• Launch of impact debt funds (Article 9) aligned with the Paris Agreement objectives;
• Strengthening of our fossil fuel policy to exclude the entire value chain of the unconventional Oil&Gas (2023) as well as any development of new capacities for conventional Oil&Gas (2024), except for assets committed to a transitional pathway compatible with Paris Agreement Targets

Need more information?

• Please read our Article 29 report and our ESG policy
• Link to the Carbone 4 methodology used to assess our Paris Agreement alignment target temperature:
  

  Assessing infrastructure portfolios’ alignment with the Paris Agreement