BPCE S.A., also known as Groupe BPCE, is a prominent French banking institution headquartered in Paris, France. Established in 2006 through the merger of Banque Populaire and Caisse d'Épargne, BPCE has rapidly evolved into a key player in the European financial services sector, serving millions of customers across France and beyond. Operating primarily in retail banking, asset management, and insurance, BPCE offers a diverse range of products and services tailored to meet the needs of individuals, businesses, and local authorities. Its unique cooperative model fosters strong customer relationships and community engagement, setting it apart from traditional banking institutions. With a robust market position, BPCE is recognised for its commitment to innovation and sustainability, consistently achieving notable milestones in digital banking and social responsibility. As one of France's largest banking groups, BPCE continues to shape the financial landscape with its customer-centric approach and comprehensive service offerings.
How does BPCE S.A.'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.
BPCE S.A.'s score of 25 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, BPCE S.A. reported significant carbon emissions data, with a notable production emission factor of approximately 6,000 kg CO2e per tonne for aluminium, 0.92 kg CO2e per RTK for aviation, 46,000 kg CO2e per square metre for commercial real estate, 1,400 kg CO2e per tonne for steel, and 525 kg CO2e per tonne for cement. The company has not disclosed specific Scope 1, 2, or 3 emissions data for the years 2021 to 2024, indicating a lack of detailed emissions reporting. Despite the absence of specific reduction targets or achievements, BPCE S.A. has expressed a commitment to decarbonisation across eleven of the most carbon-intensive sectors globally. This ambition is part of a broader strategy to enhance their climate commitments, although no specific science-based targets (SBTi) or other reduction initiatives have been documented. It is important to note that BPCE S.A. is a current subsidiary, and any emissions data or climate initiatives may be cascaded from its parent organisation. The emissions data and commitments are inherited from BPCE S.A. itself, with no additional information provided from higher levels in the corporate structure. Overall, while BPCE S.A. has outlined its intentions towards climate action, the lack of specific emissions data and reduction targets highlights an area for potential improvement in transparency and accountability regarding its carbon footprint.
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.
BPCE S.A. is not participating in any 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.