In view of the scale of the climate crisis and growing inequalities, Crédit Mutuel Alliance Fédérale created a societal dividend in January 2023 to promote solidarity and usher in a new phase of its results-based mutualist approach. Each year, 15% of its group consolidated net income will be used to finance environmental transformation and solidarity projects. For 2023, the societal dividend amounted to €525 million.

This is a sustainable, simple and verifiable measure by Crédit Mutuel Alliance Fédérale entailing an unprecedented commitment of more than €2 billion between now and its 2027 strategic plan. By sharing value in a different way, Crédit Mutuel Alliance Fédérale is putting its operational efficiency to work for the benefit of all.

Fleur Pellerin, Chairwoman of the Crédit Mutuel Alliance Fédérale Mission Committee
Patrice Douret, Chairman of Restos du Cœur

"It is time that we move away from short-term financial thinking so that we can meet our environmental and solidarity requirements. In this difficult environment requiring greater inclusiveness and profound ecological change, companies must share more and as widely as possible. Crédit Mutuel Alliance Fédérale’s societal dividend shows how financial performance and the common good can be married over the long term. It is up to us to take action that makes this happen in a comprehensive and just manner !"

Nicolas Théry, Chairman of Crédit Mutuel Alliance Fédérale

"As the first bank to adopt benefit corporation status, Crédit Mutuel Alliance Fédérale continues to innovate to support not only its customers, members and employees, but society as a whole. A deeply mutualist bank, we seek to go beyond economic and financial performance, which remains fundamental, and invest more in environmental and societal transformation alongside those who require our support. This is a major decision that shows how a corporation can serve as a model of reflection and action for progress in society."

Daniel Baal, CEO of Crédit Mutuel Alliance Fédérale

50% of the societal dividend to be invested in an impact fund to amplify the transformation of production models

With the first Environmental and Solidarity Revolution Fund, Crédit Mutuel Alliance Fédérale wants to support the establishment of environmentally resilient production facilities and infrastructures that fully incorporate inclusiveness. This fund, which will be 100% financed by the societal dividend and not open to other investors, will be launched in the second half of 2023 and invest heavily in entrepreneurial projects.

35% of the societal dividend to be allocated to customers and members to support them with climate and inclusion projects

As it did by revolutionizing home ownership by eliminating the health questionnaire for people with health issues and former patients and with the mutualist stimulus premium for professionals during the Covid crisis, Crédit Mutuel Alliance Fédérale wants to speed up its contribution to the necessary transformation of the banking and insurance sectors.

15% of the societal dividend to support major solidarity and environmental protection projects within the regions

As a long-time partner to associations, Crédit Mutuel Alliance Fédérale is strengthening its status as a major sponsor providing long-term support for projects that promote regional solidarity and environmental sustainability, whether led by new structures, local or regional associations or large NGOs. These new resources will enable the Crédit Mutuel Alliance Fédérale Foundation to unite stakeholders in the public interest around these major causes and to make their own commitments over the long term.