Groupe BPCE, headquartered in France, is a leading financial services group formed in 2009 through the merger of Banque Populaire and Caisse d'Épargne. With a strong presence across Europe, particularly in France, the group operates in the banking and insurance sectors, offering a diverse range of services including retail banking, corporate banking, and asset management. Renowned for its customer-centric approach, Groupe BPCE provides innovative financial solutions tailored to meet the needs of individuals, businesses, and institutions. Its core products, such as savings accounts, loans, and insurance services, are distinguished by their flexibility and accessibility. As one of the largest banking groups in France, Groupe BPCE has achieved significant milestones, including a robust market position and a commitment to sustainable finance, reinforcing its reputation as a trusted partner in the financial landscape.
How does Groupe BPCE'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.
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.
Groupe BPCE's score of 44 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Groupe BPCE reported total carbon emissions of approximately 529,000,000 kg CO2e. This figure includes emissions across all scopes, although specific breakdowns for Scope 1 and Scope 2 were not disclosed. The company has shown a slight decrease in total emissions compared to 2022, where emissions were about 541,000,000 kg CO2e. For the years leading up to 2023, the emissions data reveals a trend of significant Scope 3 emissions, which accounted for the majority of their total emissions. In 2019, for instance, total emissions were 622,000,000 kg CO2e, with Scope 3 emissions at approximately 541,376,000 kg CO2e. This indicates a growing awareness and potential focus on reducing indirect emissions associated with their value chain. Groupe BPCE has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. However, the company continues to monitor and report its emissions, reflecting a commitment to transparency in its climate impact. Overall, while Groupe BPCE has made strides in tracking its carbon footprint, the lack of defined reduction targets suggests an opportunity for further commitment to climate action in the financial sector.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2024 | |
---|---|---|---|---|---|
Scope 1 | 27,877,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 18,747,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
Scope 3 | 541,376,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Groupe BPCE is not committed to any reduction initiatives 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.