SCOR publishes its first ESG report, striving towards sustainable and socially responsible development

Press Release

29 June 2017 - N°14

SCOR publishes its first ESG report, striving towards sustainable and socially responsible development

SCOR announces the publication of its first report dedicated to the socially responsible management of its assets. The 2016 ESG Report, prepared in compliance with Article 173 of the French law on energy transition for green growth, sets out:

• SCOR's ESG (Environmental, Social and Governance) principles and approach;
• the Group's investment philosophy;
• the application of ESG criteria to the Group's asset management;
• the climate risk management implemented by SCOR.

As an institutional investor with assets of EUR 19.3 billion as at 31 March 2017, SCOR is committed to applying environmental, social and governance criteria in order to ensure sustainable and socially responsible development.

To access the 2016 ESG Report, click here.

Denis Kessler, Chairman & Chief Executive Officer of SCOR, comments: "Risks linked to climate change fall into the category of collective risks and require the involvement of all those concerned. Managing them pre-supposes mobilization, dialogue and cooperation. The SCOR group has been committed to these issues for the past fifteen years and strives, at its level and with its resources, to develop in a sustainable and socially responsible way. In a world that is constantly becoming more risky and uncertain, insurance and reinsurance have a leading role to play in terms of working towards ESG development and awareness. Environmental, social and governance considerations are an integral of part of the identity and culture of the SCOR group."

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Contact details

Marie-Laurence Bouchon

Group Head of Communications

+33 (0)1 58 44 75 43

[email protected]

Ian Kelly

Head of Investor Relations

+44 203 207 8561

[email protected]

http://www.scor.com/

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Twitter: @SCOR_SE

Forward-looking statements

SCOR does not communicate "profit forecasts" in the sense of Article 2 of (EC) Regulation n°809/2004 of the European Commission. Thus, any forward-.looking statements contained in this communication should not be held as corresponding to such profit forecasts. Information in this communication may include "forward-looking statements", including but not limited to statements that are predictions of or indicate future events, trends, plans or objectives, based on certain assumptions and include any statement which does not directly relate to a historical fact or current fact. Forward-looking statements are typically identified by words or phrases such as, without limitation, "anticipate", "assume", "believe", "continue", "estimate", "expect", "foresee", "intend", "may increase" and "may fluctuate" and similar expressions or by future or conditional verbs such as, without limitations, "will", "should", "would" and "could." Undue reliance should not be placed on such statements, because, by their nature, they are subject to known and unknown risks, uncertainties and other factors, which may cause actual results, on the one hand, to differ from any results expressed or implied by the present communication, on the other hand.

Please refer to the 2016 reference document filed on 3 March 2017 under number D.17-0123 with the French Autorité des marchés financiers (AMF) posted on SCOR's website www.scor.com (the "Document de Référence"), for a description of certain important factors, risks and uncertainties that may affect the business of the SCOR Group. As a result of the extreme and unprecedented volatility and disruption of the current global financial crisis, SCOR is exposed to significant financial, capital market and other risks, including movements in interest rates, credit spreads, equity prices, and currency movements, changes in rating agency policies or practices, and the lowering or loss of financial strength or other ratings.

The Group's financial information is prepared on the basis of IFRS and interpretations issued and approved by the European Union. This financial information does not constitute a set of financial statements for an interim period as defined by IAS 34 "Interim Financial Reporting".