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 95% 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 around 224,000 kg CO2e. This marks a significant reduction compared to previous years, particularly from 2021, when emissions were substantially higher, with Scope 1 and 2 emissions combined reaching approximately 11,700,000 kg CO2e. CIC has disclosed emissions across all three scopes, with Scope 3 emissions in 2021 reported at approximately 61,430,000 kg CO2e, indicating a focus on understanding and managing indirect emissions. However, there are currently no specific reduction targets or climate pledges outlined in their commitments. The company has shown a commitment to improving its carbon footprint, as evidenced by the substantial decrease in emissions from 2021 to 2023. CIC's ongoing efforts reflect a growing awareness of climate impact and a proactive approach to sustainability within the financial services sector.
Access structured emissions data, company-specific emission factors, and source documents
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 | - |
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.