Banque Palatine, a prominent player in the French banking sector, is headquartered in Paris and primarily serves clients across the Île-de-France region and beyond. Established in 1780, the bank has a rich history marked by significant milestones, including its evolution into a key financial institution for businesses and individuals alike. Specialising in corporate banking, wealth management, and financing solutions, Banque Palatine distinguishes itself through tailored services that cater to the unique needs of its diverse clientele. Its commitment to personalised banking and strong customer relationships has solidified its position in the market. With a focus on innovation and sustainability, Banque Palatine continues to achieve notable recognition within the industry, making it a trusted partner for those seeking comprehensive financial services in France.
How does Banque Palatine'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.
Banque Palatine's score of 28 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2019, Banque Palatine reported total carbon emissions of approximately 9.1 million tonnes CO2e, with emissions distributed across various scopes: about 330,090 tonnes CO2e from Scope 1, 136,090 tonnes CO2e from Scope 2, and around 9 million tonnes CO2e from Scope 3. This data indicates a significant reliance on indirect emissions, particularly in Scope 3, which encompasses the majority of their carbon footprint. The bank's emissions data for 2018 showed a total of about 7.2 million tonnes CO2e, while in 2017, emissions were approximately 5 million tonnes CO2e. This upward trend highlights the need for robust climate commitments and reduction strategies. Currently, Banque Palatine has not established specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or participation in frameworks such as the Science Based Targets Initiative (SBTi). This lack of formal commitments suggests an opportunity for the bank to enhance its climate strategy and align with industry standards for sustainability and carbon reduction.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 2018 | 2019 | |
---|---|---|---|
Scope 1 | 292,160 | 000,000 | 000,000 |
Scope 2 | 187,880 | 000,000 | 000,000 |
Scope 3 | 4,679,190 | 0,000,000 | 0,000,000 |
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.
Banque Palatine 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.