Our commitments
As a responsible and innovative company, CCR Re places environmental, societal, and technological issues at the heart of its actions and thought process.
CCR Re has adopted a Socially Responsible Investment (SRI) charter, which undergoes annual review and updates, guiding its investment strategy and policy.
In the realm of human resources, CCR Re directs its actions towards fostering individual skill development, promoting professional equality and diversity, fostering an inclusive work environment centred on well-being, and cultivating agility and innovation.
CCR Re is particularly committed to helping cultural and humanitarian initiatives.
CCR Re, a responsible investor
As a responsible investor, CCR Re is committed to financing the just ecological transition, taking into account the risks associated with global warming and the erosion of biodiversity, using a dual materiality approach.
Formalisation of the responsible investment strategy and policy
The SRI Charter is based on three pillars: the prevention of transition risk, the adaptation to physical risks and the support for social transition. Through this charter, CCR Re has chosen to enhance the management of ESG risks by integrating them into its investment policy, assessing their impact on portfolios, and evaluating the environmental impact of its portfolios.
Enrichment of the Responsible Investment Policy (SRI) policy, through an ongoing improvement process
CCR Re’s responsible investment approach is structured around four levers: understanding the issues and concepts; identifying and measuring the impacts of investment endeavours; committing to objectives of financing sustainable solutions and reducing negative impacts; communicating and reporting transparently. For each of these levers, CCR Re has adopted a continuous improvement approach with a dual focus: advancing the integration of ESG issues and bolstering its commitments based notably on scientific recommendations and the best practices in the market.
CCR Re is committed to working with its various stakeholders to promote the development of the Principles for Responsible Investment. These stakeholders include the companies in which CCR Re invests, partner management companies, industry working groups and ESG data providers.
Data quality: a major challenge for CCR Re
In order to fulfil its commitments, CCR Re considers the use of comprehensive and quality data to be fundamental.
It is essential for CCR Re to know which issuers are held in the financial portfolio, including those held in open-ended collective funds. To this end, all funds were looked through. Using this look-through approach allows for the consistent assessment of sustainability indicators throughout the entire portfolio.
The quality of the data is equally vital to obtaining an accurate assessment of risks and opportunities. This monitoring includes activities such as searching for new sources of reputable data, analysing methodologies, and verifying the correct integration of data into systems.
CCR Re, a CDP Signatory
CCR Re is a signatory of the CDP (formerly known as the Carbon Disclosure Project), an initiative that encourages businesses to measure and understand their environmental impact. The organisation has the largest database of environmental performance. The CDP contacts a large number of companies each year on behalf of investor signatories to report on their climate, water and deforestation data
Enhancing Biodiversity Expertise within Management Teams
During COP 15 in 2022, the management teams engaged in a Biodiversity Fresco activity. In 2023, this initial engaging and collaborative approach was complemented by a training course conducted by Moonshot, allowing portfolio managers to consolidate their understanding of biodiversity. More specifically, applying this theme in the financial sector allowed our teams to better comprehend the issues and fully integrate biodiversity into their investment strategy.
CCR Re, an engaged company
« I would like to take this opportunity to express my gratitude for the dedication and hard work demonstrated by our teams. Thank you for your unwavering commitment. »
MARLÈNE LARSONNEUR
Chief Human Resources, Communication and Facilities
The arrival of new majority shareholders on CCR Re’s Board of Directors has provided us with the opportunity to reflect on our identity, the image we portray, and what we aim to assert or reassert. The successful privatisation of CCR Re was made possible thanks to the expertise and dedication of all our employees.
We had to restructure CCR Re’s HR organisation to uphold the same level of expertise, dedication, and performance while disassociating from a group with which we had long-established working synergies.
All the support functions had to be reconsidered to work just as efficiently from July 3rd 2023.
An extensive reorganisation
To optimise CCR Re’s organisation, the scope and operational structure of support functions underwent a thorough review. Tutoring, training sessions, skills transfers, and promotions were organised throughout the first half of 2023.
The Operations department was expanded to become the current Finance department, which now incorporates all finance-related activities alongside existing technical and third-party accounting functions.
The Retrocession and Alternative Capital Department is now also responsible for the secretariat of the Board of Directors.
Finally, the Human Resources department was extended to encompass the Communication, Events, Central Services and Travel departments.
The separation of CCR Re from its former main shareholder and its collaboration with SMABTP, the new majority shareholder, is well underway and will progress further throughout the first half of 2024.
Simultaneously, certain support function roles were hired externally to complement the workforce, and this trend will persist into 2024.
Human Resources, Communication and Facilities team under the leadership of Marlène Larsonneur
Workplace cohesion and well-being
At CCR Re, we strive to provide convivial opportunities for our community to get together and enjoy each other’s company! Several events are organised to foster communication and promote well-being in the workplace, including the fall back-to-school cocktail party and weekly well-being workshops featuring activities such as massage, sophrology, and emotion management workshops, sports in our dedicated sports hall or with our sports associations, provision of fresh seasonal fruit baskets, convivial relaxation rooms with kitchen facilities and hot drinks, children’s day, staff day, greetings evening, free participation in sporting events, and regular seminars and team lunches.
« The commitment of our teams is the cornerstone of CCR Re’s performance. »
2023 HR Key Figures
176
Employees, including 8 apprentices
21
Nationalities
15
Languages spoken
51
Jobs
77%
Attended at least one training course
44%
of women on the Executive Committee
42%
of women on the Board of Directors
47%
of women in management positions
94%
Gender equality index
2,4%
Turnover rate
Professional Equality: A Priority
Since the creation of CCR Re, we have adopted a human resources strategy that is fully focused on inclusion.
This is reflected in the active promotion of gender equality, support for internships and mentoring amongst the generations, improving access to work for individuals with disabilities, highlighting the diversity of career paths and expanding our international recruitment reach.
By adopting a global vision of diversity with our HR policy, we are deeply enriching the culture within our company. This plays a key role in the development of an enriched company culture, forging a welcoming workplace which is both inclusive and dynamic.
In 2023, CCR Re made determined progress on gender equality achieving a score of 94 out of 100 and is pursuing its actions in the field of professional equality
Change in the gender equality index
Gender diversity across the various business lines is very developed. Roles that were traditionally maledominated, such as underwriting, have witnessed a shift towards being more female-oriented. Since 2019, our Information Technology Department has been led by a woman, showcasing our dedication to promoting gender diversity and inclusivity in positions of leadership within the fields of science and technology. CCR Re now boasts a 40% representation of female underwriters. Following its privatisation, the company was eager to enhance gender diversity in its new management bodies, resulting in the appointment of 42% women to its Board of Directors, 44% to its Executive Committee, and 47% to management positions.
CCR Re ensures the equitable treatment of women in terms of compensation and advancement opportunities. The creation of women’s networks is encouraged, as is the sharing of experiences by employees who have progressed in their careers.
Every year on International Women’s Day (8 March), CCR Re interviews women from the reinsurance sector to find out their views on the issue of gender equality in the workplace. These interviews are available online in a podcast called “Women of Power”.
Gender equality is a matter of corporate culture. CCR Re thus implemented several measures to enhance working conditions for both men and women. These include fully funding paternity leave and extending maternity leave by one month beyond the provisions outlined in the collective bargaining agreement. To promote work-life balance, CCR Re also introduced three days of remote work per week and allocated a specific budget as part of the compulsory annual negotiations (NAO) to address inequalities in this regard.
« Gender equality is not solely a matter for HR; it fundamentally reflects our corporate culture. »
Signing of the LGBT+ Charter with the association L’Autre Cercle
CCR Re reaffirmed its commitment to diversity and inclusion by renewing its signature of the Diversity Charter and maintaining its commitments as a signatory of the LGBT+ Charter
These charters outline the best practices for companies to adopt in fighting against discrimination. This message has been a cornerstone of CCR Re’s advocacy for several years, highlighting the importance of cherishing and respecting differences.
As a corporate citizen, we actively support initiatives focused on solidarity and sustainable mobility
Every year, we offer our employees first-aid training provided by the Red Cross.
We encourage our employees to use environmentally friendly forms of transportation by providing financial contributions towards Vélib’ and Véligo season tickets. We offer “bicycle repair” credit to our employees who use bicycles as a means of transport to commute to and from work.
European Week for the Employment of People with Disabilities
CCR Re continuously strives to redefine perspectives on disability, champions diversity within its HR policies, and enhances employment opportunities for individuals with disabilities. These objectives remain central to our ongoing efforts each year. For the sixth year in a row, CCR Re hosted the European Week for the Employment of People with Disabilities in November.
With the backing of France Assureurs, CCR Re introduced an innovative and engaging tool for all its employees. This initiative aims to dismantle prejudices about disability in the workplace and promote appropriate behaviour when encountering differences. The awareness-raising course comprises intuitive exercises based on comic strips, videos, interviews, and performances by inspiring individuals, both ordinary and disabled.
« I would like to thank CCR Re and its teams for their support. My ambition is to go ever further and set myself ever higher goals. In 2024, I’m pulling out all the stops to progress physically, technically, and tactically.
My dream is to secure my place for the Paralympic Games in Paris 2024. »
Maeva Olivier
Young top-level table tennis athlete
Maéva on her way to the 2024 Paralympic Games with the support of CCR Re
CCR Re, a partner of Fédération Française Handisport (the French Parasport Federation), since 2019, wanted to give even more meaning to this partnership in 2023 by sponsoring the purchase of a sports wheelchair for Maéva Olivier, a young top-level table tennis athlete, for her pre-qualifier participation in the 2024 Paralympic Games.
Maéva, a lifelong sports enthusiast, experienced a lifealtering event at the age of 13 due to a prolonged illness that resulted in her becoming quadriplegic. Through para table tennis, Maéva rediscovered the joy of sports and was recognised by the French Disabled Sports Federation as a high-potential athlete.
In 2023, her list of successes was already very promising. In December, Maéva achieved 8th place in the world rankings after securing a bronze medal at the French Open in November and a silver medal at the French multi-category championships in May.
Follow Maeva on social networks
CCR Re, a corporate citizen
An Inclusive Policy
As an engaged corporate citizen, CCR places human issues and diversity at the heart of its activities and approach.
In 2023, we reaffirmed our commitment to supporting associations assisting young people in transitioning into the workplace environment. This included renewing our partnerships with the École de la Deuxième Chance of Seine-Saint-Denis and the association Un Stage et Après, which helps young individuals in exploring the world of work.
Empowering Youth through Skill-Based Sponsorship Initiatives
Building on its HR policy and existing CSR initiatives, particularly those benefiting young people, CCR Re further solidified its partnership with the association “Un Stage et Après”, which connects students in priority education with professionals.
In this context, CCR Re took part in the “Cadran Scolaire” game organised on1 June 2023 at the Jean Perrin middle school in the 20th arrondissement of Paris.
This fun-packed day provided a platform to share the career journeys of each employee and the professions within CCR Re. Additionally, the game was designed to educate young 9th form school pupils about the UN’s Sustainable Development Goals, encouraging them to contemplate their own future while considering the future of the planet.
CCR Re also ran a half-day workshop in partnership with E2C 93, providing interns with guidance on drawing up their CV and preparing for job interviews to support them in their future professional endeavours.
In 2023, CCR Re took part in the 29th Gala de l’Espoir, which supports cancer research. Our employees were also present at the Cross du Figaro to support the Téléthon and at the Triplettes de l’assurance to help the charity “Y Croire & Agir”: causes that are close to our hearts.
CCR Re’s Patronage Committee
Every year, through our patronage committee, we support associations in implementing meaningful human and social initiatives. In 2023, two associations, supported by our employees, received financial assistance
Olagarroa
Olagarroa organises group activities aimed at promoting the social integration of young people with disabilities into society. The association participates in sporting events across France and also assists in organising such events in the Bayonne area.
In 2024, the association plans to travel from Bayonne to Paris by electric bike to attend the opening of the Paralympic Games. Ten athletes will embark on a 1,100 km journey across 13 stages, representing a significant sporting challenge. This endeavour will not only allow them to explore the French territory but also promote their independence and involve them in their own way in a global event.
H@ndi-@ltitude
H@ndi-@ltitude provides disabled individuals with opportunities to explore or rediscover sports, especially outdoor activities. It makes skydiving, climbing, skiing and other sports possible through discovery weekends, training sessions and competitions. The association fosters self-esteem and achievement through personal growth and overcoming challenges, regardless of disability, while also fostering inclusivity by bringing together able-bodied and disabled individuals.
CCR Re, A Cultural Patron
As part of its cultural patronage, CCR Re has been engaged with Musée Rodin since 2018, contributing to the restoration of artwork and the development of cultural programmes.
La porte de l'enfer, les Bourgeois de Calais, Le Père tanguy, Le Penseur, La Cathédrale, la Valse
Since 2022, CCR Re has been involved in the creation of a dedicated children’s area, aimed at helping them explore the art of Auguste Rodin by engaging all their senses.
Amélie Simier, Director of Musée Rodin
Musée Rodin welcomes British artist Antony Gormley in October 2023
For over forty years, Antony Gormley has explored the relationship of the human body to space through a critical engagement with his own body and, more recently, through examining the relationship of the body to the built environment. In 2023, the Critical Mass exhibition created a dialogue between the artist’s significant works and those of Auguste Rodin..
Bertrand Labilloy, Antony Gormley and his wife, and Clémence Goldberger, Head of Communication, Visitors and Patronage at Musée Rodin
The Atelier Rodin
Have fun experimenting with the art of sculpting. CCR Re has sponsored the establishment of a space tailored for children aged three and older, and their parents. Open to both the public and employees, visiting the Atelier Rodin offers a unique opportunity for families to share a memorable experience of discovery, connection, and creativity while interacting with the iconic works of Auguste Rodin.