Crédit Mutuel Alliance Fédérale
Crédit Mutuel Alliance Fédérale, a prominent player in the French banking sector, is headquartered in Strasbourg, France. Established in 1882, this cooperative banking group has evolved into a leading financial institution, serving millions of customers across various regions in France. The organisation operates primarily in retail banking, insurance, and asset management, offering a diverse range of products and services tailored to meet the needs of individuals and businesses. Notably, Crédit Mutuel Alliance Fédérale is recognised for its commitment to mutualism and customer-centric approach, setting it apart in a competitive market. With a strong market position, the group has achieved significant milestones, including numerous awards for customer satisfaction and innovation in financial services. Its unique blend of local presence and comprehensive financial solutions continues to solidify its reputation as a trusted partner in the banking industry.
DitchCarbon Score
How does Crédit Mutuel Alliance Fédérale's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Crédit Mutuel Alliance Fédérale's score of 43 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Crédit Mutuel Alliance Fédérale's reported carbon emissions
In 2024, Crédit Mutuel Alliance Fédérale reported total carbon emissions of approximately 77,595,905,000 kg CO2e. This figure includes Scope 1 emissions of about 30,325,000 kg CO2e, Scope 2 emissions of approximately 12,716,000 kg CO2e (market-based), and a significant Scope 3 contribution of around 77,552,864,000 kg CO2e. The previous year, 2023, saw total emissions of about 72,334,209,000 kg CO2e, with Scope 1 at approximately 28,500,000 kg CO2e, Scope 2 at around 13,200,000 kg CO2e (market-based), and Scope 3 emissions at about 72,292,509,000 kg CO2e. Crédit Mutuel Alliance Fédérale has set ambitious reduction targets as part of its 2019-2023 strategic plan, aiming for a 30% reduction in CO2 emissions across both Scope 1 and Scope 2 by the end of 2023. This commitment is complemented by a 30% increase in funding for projects that have a high impact on climate change. The organisation's emissions data is not cascaded from any parent company, indicating that these figures are independently reported. Overall, Crédit Mutuel Alliance Fédérale is actively working towards reducing its carbon footprint while enhancing its investment in climate-positive initiatives.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 28,500,000 | 00,000,000 |
| Scope 2 | 13,200,000 | 00,000,000 |
| Scope 3 | 72,292,509,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Crédit Mutuel Alliance Fédérale is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
