Press release
May 17, 2024 – No. 08
SCOR Combined General Meeting of May 17, 2024
SCOR shareholders adopt all proposed resolutions, as SCOR further strengthens its sustainable development strategy
The ordinary and extraordinary combined general meeting of SCOR SE was held in Paris on May 17, 2024 at the head office, 5, avenue Kléber, 75016 Paris, under the chairmanship of Mr. Fabrice Brégier, chairman of the board of directors of SCOR SE.
All the resolutions proposed by the board of directors were approved by the general meeting.
The general meeting approved the payment of a dividend of 1.80 euros per share for the 2023 financial year. The ex-date was set for May 21, 2024 and the payment date for May 23, 2024.
The general meeting also approved the renewal of Mrs. Patricia Lacoste and Mr. Bruno Pfister, as directors of SCOR SE.
The general meeting also approved the appointment of Mazars and KPMG as auditors in charge of the sustainability information certification mission.
Finally, the mandate of Mr. Claude Tendil ended at the end of today’s general meeting in application of article 10 of the statutes setting the age limit for directors at 77 years.
Fabrice Brégier, Chairman of the Board of Directors, thanks Claude Tendil, on behalf of all the directors, for his commitment and his valuable contributions to the work of the SCOR Board of Directors for more than 20 years.
The detailed results of the resolution votes are available on the company’s website at the following address: https://www.scor.com/fr/assemblee-generale-2024.
*
* *
During the general meeting, Thierry Léger, CEO of SCOR, announced a strengthening of the Group’s strategy in terms of sustainable development.
To align with the Paris Agreement and the trajectories of limiting global warming to 1.5°C
1
based on scientific knowledge, SCOR has set its first intermediate decarbonization target for the scope of companies headquartered in Europe, applicable to its direct property insurance and facultative property reinsurance activities (on the commercial lines of the PCAF protocol
2
, when company data is reliable). Based on the PCAF methodology (version 1 dated November 2022), SCOR’s objective is to achieve a reduction in carbon emissions intensity of 23% by 2030 compared to the end of 2022.
SCOR will strive to achieve this intermediate target of -23% by 2030, in a reasonable manner. However, achieving this target depends on factors outside SCOR’s scope of control. The actions and policies of public authorities, and the transition of all stakeholders towards the decarbonization of the real economy, are determining elements for the world to respect the Paris Agreement. Other factors related to climate science and political, geopolitical, economic and regulatory developments that are outside SCOR’s scope of control could impact the Group’s ability to achieve its target. Without decisive and comprehensive action from public authorities, SCOR will not be able to achieve its target and the world will not be able to respect the 1.5°C trajectory.
*
* *
|
SCOR, a leading global reinsurer A leading global reinsurer, SCOR offers its clients an innovative and diversified range of reinsurance and insurance solutions and services for risk control and management. Faithful to its motto “The Art and Science of Risk”, the Group puts its recognized expertise within the sector and its cutting-edge financial solutions at the service of the well-being and resilience of populations. |
Press relations Alexandre Garcia [email protected] Investor Relations Find us on |
All content published by the SCOR group from January 1, 2024 is certified with Wiztrust. You can verify its authenticity on the website wiztrust.com. |
1
The 1.5°C science-based trajectory refers to the goal set as part of global efforts to combat climate change, which is to limit global warming to an increase of 1.5°C above levels of the pre-industrial era.
2
THE
Partnership for Carbon Accounting Financials
.
Attachment
SCOR press release