La Banque Postale
La Banque Postale, headquartered in Paris, France, is a prominent player in the banking and financial services industry. Established in 2006, it has rapidly evolved to become a key provider of retail banking, insurance, and asset management services across the country and beyond. With a strong commitment to accessibility and social responsibility, La Banque Postale offers a unique range of products, including current accounts, savings solutions, and home loans, tailored to meet the diverse needs of its customers. The bank is particularly noted for its focus on sustainable finance and innovative digital banking solutions. As a subsidiary of the La Poste Group, La Banque Postale has achieved significant market presence, serving millions of clients and earning recognition for its customer-centric approach and robust financial performance.
DitchCarbon Score
How does La Banque Postale'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
La Banque Postale's score of 35 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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La Banque Postale's reported carbon emissions
In 2023, La Banque Postale reported a commitment to reduce its greenhouse gas emissions, specifically targeting a 46% reduction in Scope 1 and 2 emissions by 2030, using 2019 as the baseline year. The bank has also set a goal to decrease the carbon footprint of its directly-held equity and corporate bond portfolio by 25% over the period from 2019 to 2024, which has been extended to include infrastructure investments from 2022. The bank's climate strategy includes a commitment to achieve net-zero emissions by 2040, demonstrating a long-term vision for sustainability. Additionally, La Banque Postale has pledged to reduce the carbon intensity of its directly-held real electricity producers by 17% by 2024. Historically, in 2014, La Banque Postale disclosed emissions of approximately 8,745,000 kg CO2e for Scope 1, 8,938,000 kg CO2e for Scope 2, and significant contributions from Scope 3 emissions, including 4,562,000 kg CO2e from business travel and 16,092,000 kg CO2e from employee commuting. However, specific emissions data for the years 2021 to 2024 is currently unavailable. La Banque Postale's initiatives align with the Science Based Targets initiative (SBTi), reinforcing its commitment to sustainable finance and responsible investment practices. The bank's targets cover 85% of its total investment and lending activities, reflecting a comprehensive approach to managing its environmental impact.
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| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Scope 1 | 10,454,000 | 00,000,000 | 0,000,000 |
| Scope 2 | 10,454,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 18,126,000 | 00,000,000 | 00,000,000 |
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.
La Banque Postale is participating in some 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.
