Amundi Immobilier

Amundi Immobilier, headquartered in France and operating in services auxiliary to financial intermediation (67), has demonstrated a commitment to climate action with evolving emissions reporting. In 2023, the company reported total emissions of approximately 317.1 billion kg CO2e, comprising Scope 1 emissions of about 27 billion kg CO2e, Scope 2 emissions of approximately 5.2 billion kg CO2e, and Scope 3 emissions of nearly 296.8 billion kg CO2e. This followed 2022 figures where total emissions stood at approximately 77 billion kg CO2e, with Scope 1 at about 49.2 billion kg CO2e, Scope 2 at around 8.5 billion kg CO2e, and Scope 3 at approximately 19.4 billion kg CO2e.

Amundi Immobilier has announced a long-term Net Zero Ambition, aiming to align its emissions reduction targets with the Paris Agreement's objective of limiting global warming to 1.5°C, with a target year of 2050. This ambition is being operationalised through the development of a Net Zero Ambition range.

The company's emissions data for the years 2016-2023 indicate a significant increase in reported total emissions, particularly between 2022 and 2023, driven primarily by a substantial rise in Scope 1 and Scope 3 emissions in the most recent reporting year. Notably, Scope 3 emissions for business travel were reported at around 8.15 million kg CO2e in 2018, decreasing to approximately 4.83 million kg CO2e in 2023.

It is important to note that Amundi Immobilier's data may be cascaded from its ultimate parent, Crédit Agricole S.A., with Amundi Immobilier SA acting as an intermediate entity. While specific SBTi reduction targets are not detailed for Amundi Immobilier directly, the cascade information suggests that the parent organisation, Crédit Agricole S.A., is involved in initiatives such as SBTi, CDP, and RTZ.