CIC, or Crédit Industriel et Commercial, is a prominent financial institution headquartered in France. Established in 1859, CIC has evolved into a key player in the banking sector, offering a wide range of services across retail banking, corporate finance, and investment solutions. With a strong presence in major regions including Île-de-France and the Auvergne-Rhône-Alpes, CIC serves both individual and business clients. The bank is renowned for its innovative financial products, such as tailored loan solutions and comprehensive wealth management services, which distinguish it from competitors. Over the years, CIC has achieved significant milestones, including the expansion of its digital banking services, enhancing customer accessibility and engagement. As a member of the Crédit Mutuel Group, CIC holds a solid market position, recognised for its commitment to customer service and financial expertise.
How does Cic'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.
Cic's score of 44 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, CIC reported total carbon emissions of approximately 469,000 kg CO2e, with Scope 1 emissions at about 245,000 kg CO2e and Scope 2 emissions at approximately 224,000 kg CO2e. Notably, there are no reported Scope 3 emissions for this year. Over the years, CIC has shown a significant reduction in emissions. For instance, in 2021, the total emissions were approximately 61,430,000 kg CO2e, which included Scope 1 emissions of about 7,170,000 kg CO2e and Scope 2 emissions of approximately 4,100,000 kg CO2e. This indicates a substantial decrease in emissions by 2023. Despite these reductions, CIC has not set specific reduction targets or made formal climate pledges, as indicated by the absence of documented reduction initiatives. The company continues to focus on improving its emissions profile, aligning with industry standards for carbon management.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 44,800 | 00,000 | 00,000 | 0,000,000 | 0,000,000 | 000,000 |
Scope 2 | 6,400 | 0,000 | 0,000 | 0,000,000 | 0,000,000 | 000,000 |
Scope 3 | 186,000 | 000,000 | 000,000 | 00,000,000 | 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.
Cic 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.