Group news / First C4ATech fund investment dedicated to the farming and agrifood transitions

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Friday 26 April 2024

First C4ATech fund investment dedicated to the farming and agrifood transitions

C4ATech, the new capital innovation fund dedicated to the farming and agrifood transitions, managed by Supernova Invest* and funded by the Regional Banks and Crédit Agricole S.A., has carried out its first investment; the acquisition of a stake in Seederal, alongside other investors including Crédit Agricole du Morbihan.

Seederal, a French company supported by the Village by CA Finistère and Crédit Agricole du Finistère, intends to develop a 100% electric tractor with a battery life equivalent to one day’s work (140 horsepower / 10 hours of battery life).

Farming machinery is responsible for 2% of France’s annual greenhouse gas emissions and 3% of its energy consumption. Seederal is positioning itself as a key player in the reduction of these emissions by building electric tractors that cut the carbon footprint by 15 to 20 tonnes per unit per year, equivalent to the annual emissions of 17 cars**.

This first investment since the launch of C4ATech is fully aligned with the commitments of the Societal Project: to support the technical evolution towards a competitive and sustainable agrifood system.

* AMF-approved management company co-owned by the CEA, Amundi and its executive team.
** The average car registered in France travels 12,000 km/year.

Amundi publishes its 2023 integrated report. This new edition, entitled “Embracing opportunities together in a radically changing world”, contains a more in-depth presentation of its stakeholders - customers, the economic community, etc. - and of the tangible way in which Amundi meets their needs. The report also covers the usual basics including details of the company’s identity, challenges, strategy, business model, performance indicators and governance.

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Following a number of years of collaborative work, Crédit Agricole Payment Services and Crédit Agricole Group Infrastructure Platform have obtained “PCI DSS” certification, which attests to their capacity to guarantee cardholders a very high level of banking data security. This security standard, one of the highest in terms of protecting data confidentiality, allows Crédit Agricole Payment Services to provide its merchant customers with a high level of security.

The Crédit Agricole S.A. organisation chart as at 15 April 2024 can be found online at the Affaires Générales site.

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Operating Procedure NF 2024-09 “Clauses compatible with the banking resolution to be included in PSEE/FCI contracts governed by the laws and jurisdiction of an EU or non-member country” is available on the Affaires Générales site. It notably defines so-called “BRRD” clauses that must be included in contracts entered into between suppliers and a Crédit Agricole Group entity within the framework of a PSEE/FCI.

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Awards for Group campuses

At the national prize-giving ceremony of the CUBE* competition, hosted by the Crédit Agricole Immobilier real estate operations teams and the Crédit Agricole S.A. Societal Engagement Division teams on behalf of the Group, several campus buildings were recognised for their energy saving performance.
The Group climbed the podium for three of its buildings operated by Crédit Agricole Immobilier and was rewarded for its cumulative energy saving performance. The Alpes Provence Regional Bank also won an award.

* CUBE stands for Concours Usages Bâtiments Efficaces (Efficient Building Use Competition) and is a public interest initiative that helps users of commercial and apartment buildings to effectively lower their energy consumption through a competition.

VIDEO

Convert your professional experience into a diploma with the IFCAM’s VAE programme

This video presents testimonies from learners, coaches and trainers about how the VAE (validation of experience) programme is transforming people’s career paths.
It explains how this scheme opens the doors to new professional opportunities.
The next round of students will start in September.
To apply, candidates must complete a Livret 1 de Recevabilité, a form that helps to verify coherence between their professional career and the diploma they are applying for, and send it to IFCAM before 13 June.
The IFCAM teams will then assess their eligibility for this course according to a specific timetable.

Crédit Agricole Group in Italy

With a presence in Italy since 1961, Crédit Agricole now has over 6 million active customers in the country, thanks to whom the Bank is currently number one on the Customer Recommendation Index. On this second domestic market, which is also the eighth-largest globally and Europe’s second-biggest industry, all of the Group’s business lines are represented and brought to life by over 16,000 employees.

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