Grameen Crédit Agricole Foundation
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Financial Inclusion
- Poverty Reduction
- Sustainable Agriculture
- Climate Change Adaptation
- Women's Empowerment
Environmental Achievements
- Joined the 4 per 1000 initiative to improve soil health and combat climate change.
- Supported sustainable agricultural practices leading to an 8-fold increase in rice yield per hectare in Senegal.
- Kennemer Foods International's sustainable cocoa production in the Philippines, incorporating agroecological reforestation and forest conservation.
Social Achievements
- Provided nearly €90 million in loans to 79 organizations in 36 countries, serving nearly 9 million people.
- 91% of microcredit beneficiaries were women.
- 82% of microfinance clients were in rural areas.
- Co-funded a study measuring the positive impact of microfinance on clients' quality of life.
- Supported the digital transformation of ACEP Group subsidiaries.
Governance Achievements
- Implemented Client Protection Pathway for over 25% of the portfolio, promoting client protection standards.
- Strengthened governance of partner institutions through technical assistance missions.
- Developed a risk mapping model adapted to the context of partner institutions.
Climate Goals & Targets
Environmental Challenges
- Geopolitical instability and conflict (Ukraine war, Burkina Faso, Niger, Mali).
- Climate change impacts (droughts, floods) affecting agricultural production and income.
- High inflation and interest rates.
- Security risks in several operating countries.
- Supply chain disruptions.
Mitigation Strategies
- Adapted strategies by granting deferrals or new financing in countries affected by the Ukrainian conflict.
- Provided technical assistance tailored to partners' needs (e.g., environmental strategies, digitalization, governance).
- Developed partnerships with local entities (ACEP, Baobab) to navigate security risks.
- Supported partners in strengthening client protection mechanisms and implementing the Client Protection Pathway.
- Supported the development of micro-insurance to help clients manage emergency situations.
Supply Chain Management
Responsible Procurement
- Working with local producers and cooperatives.
Climate-Related Risks & Opportunities
Physical Risks
- Droughts
- Floods
Opportunities
- Development of climate-resilient agricultural practices.
- Investment in renewable energy.
UN Sustainable Development Goals
- SDG 1: No Poverty
- SDG 5: Gender Equality
- SDG 8: Decent Work and Economic Growth
- SDG 13: Climate Action
The Foundation's activities contribute to these goals through financial inclusion, women's empowerment, sustainable agriculture, and climate change adaptation.