Amundi S.A.

Amundi S.A.'s reported carbon emissions

Amundi S.A., headquartered in France and operating within financial intermediation services, has reported its carbon emissions for several years. In 2024, the company's total reported emissions amounted to approximately 1,210 kg CO2e. This figure comprises approximately 110 kg CO2e for Scope 1, approximately 230 kg CO2e for Scope 2 (market-based), and approximately 870 kg CO2e for Scope 3. Scope 3 emissions for business travel were specifically noted at 2,551,000 kg CO2e for the same year. Looking at previous years, Amundi S.A. reported scope 1 and 2 emissions totalling approximately 2,324,000 kg CO2e in 2023, and approximately 2,286,000 kg CO2e in 2022. Scope 3 business travel emissions were approximately 4,389,000 kg CO2e in 2023 and 4,834,000 kg CO2e in 2022. Emissions data for earlier years shows a decrease in Scope 3 business travel emissions from approximately 9,900,000 kg CO2e in 2021 to approximately 2,031,000 kg CO2e in 2020, with Scope 1 and 2 emissions being approximately 2,841,000 kg CO2e and 3,671,000 kg CO2e respectively for those years. Amundi S.A. has established near-term intensity reduction targets. The company aims for a 30% reduction in CO2 emissions per FTE related to energy consumption (Scope 1 and 2) by 2025, compared to a 2018 baseline. Additionally, a 30% reduction in CO2 emissions per FTE for business travel (Scope 3) is targeted by 2025, also against a 2018 baseline. These targets encompass all scopes, with specific mentions for scope 3 upstream emissions related to business travel. It is important to note that Amundi S.A. is a current subsidiary and its emissions data is cascaded from Amundi S.A. The company also inherits SBTi, CDP, and RTZ targets from Crédit Agricole S.A., its ultimate parent company at cascade level 1.