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Company Response

16 Jul 2018

Credit Agricole response

“Crédit Agricole has published a Mining & Metal Policy, and expects its clients to develop good working practices and behavior to limit their Environmental & Social impacts in line with this Policy, to adhere to industry good practice principles (such as those defined by the ICMM or the World Bank group and the relevant industry initiatives) and to respect the principles and rules adopted by the OECD, SEC and EU with respect to payment disclosure and responsible supply chains.

The regulatory framework in which the client evolves should lead to the respect of the principles of the Policy for the activities located in High Income OECD Countries. In other countries, the client policy is assessed towards the principles of the Bank Policy on the occasion of the annual review of the relationship. Supporting or belonging to ICMM association, EITI and the industry initiatives listed in our policy, as relevant, are a strong element of assessment. The bank also assess whether the client monitors and assesses impacts and mitigation measures, and is publicly reporting on these aspects (website, annual report…).”