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 31 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, CIC reported total carbon emissions of approximately 23,000,000 kg CO2e, which includes Scope 1 emissions of about 5,950,000 kg CO2e, Scope 2 emissions of around 3,730,000 kg CO2e, and significant Scope 3 emissions from various activities, including business travel (2,370,000 kg CO2e), waste generated in operations (2,630,000 kg CO2e), fuel and energy-related activities (3,080,000 kg CO2e), and downstream transportation and distribution (8,200,000 kg CO2e). As of 2023, CIC has not disclosed specific emissions data, but it continues to focus on sustainability initiatives. The organisation has not set any formal reduction targets or commitments through the Science Based Targets initiative (SBTi) or other climate pledges. CIC's emissions data is inherited from its parent company, Crédit Industriel et Commercial, and reflects its commitment to transparency in environmental reporting. The company has not disclosed any specific reduction initiatives or targets, indicating a potential area for future development in its climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
2022 | |
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Scope 1 | 5,950,000 |
Scope 2 | 3,730,000 |
Scope 3 | 16,280,000 |
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 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.