Cic
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Cic's score of 46 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cic's reported carbon emissions
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 around 224,000 kg CO2e. Notably, there is no disclosed data for Scope 3 emissions for this year. In previous years, CIC's emissions have varied significantly. For instance, in 2021, the total emissions reached approximately 71,700,000 kg CO2e, with Scope 1 at about 7,170,000 kg CO2e, Scope 2 at around 4,100,000 kg CO2e, and Scope 3 at approximately 61,430,000 kg CO2e. This indicates a substantial reduction in emissions by 2023, particularly in Scope 1 and Scope 2 categories. CIC has not set specific reduction targets or climate pledges, and there are no documented initiatives aimed at reducing emissions. The company has disclosed emissions data across all three scopes in previous years, reflecting a commitment to transparency in its environmental impact reporting. Overall, while CIC has made progress in reducing its carbon footprint, the absence of formal reduction targets suggests an opportunity for further commitment to climate action.
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| 2018 | 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 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 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.
