Crédit Agricole, often referred to as the "Green Bank," is a leading French financial institution headquartered in Montrouge, France. Established in 1894, it has evolved into one of the largest banking groups in Europe, with a strong presence in retail banking, insurance, and asset management across various regions, including Europe, North Africa, and Asia. The bank is renowned for its cooperative model, which prioritises customer interests and community development. Its core offerings include personal and business banking services, investment solutions, and insurance products, distinguished by a commitment to sustainability and innovation. Crédit Agricole's market position is bolstered by its extensive network of local branches and a robust digital banking platform, making it a trusted choice for millions of customers worldwide.
How does Credit Agricole'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.
Credit Agricole's score of 41 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Credit Agricole reported total carbon emissions of approximately 27,997,000 kg CO2e for Scope 1, 25,439,000 kg CO2e for Scope 2, and 22,890,000 kg CO2e for Scope 3, which includes 18,990,000 kg CO2e from business travel and 3,761,000 kg CO2e from fuel and energy-related activities. The bank's total emissions in France for the same year were about 387,000 kg CO2e. As part of its climate commitments, Credit Agricole has made near-term targets and is actively working towards reducing its carbon footprint. The bank is committed to submitting its reduction targets by July 31, 2023, as part of its compliance with the Commitment Compliance Policy. However, it has not yet committed to a net-zero target. Credit Agricole operates within the financial sector, which is increasingly focusing on sustainability and climate action. The bank's emissions intensity metrics indicate a proactive approach to managing its environmental impact, with a focus on energy efficiency and reducing emissions per unit of revenue.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2022 | |
---|---|---|
Scope 1 | 16,495,000 | 00,000,000 |
Scope 2 | 25,511,000 | 00,000,000 |
Scope 3 | - | 00,000,000 |
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.
Credit Agricole is committed to some 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.