Cnp Assurances

CNP Assurances, a French insurance and pension funding services company, reported total Scope 1, 2, and 3 emissions of approximately 65,045 tonnes CO2e in 2025. This includes about 1,956 tonnes CO2e from Scope 1 emissions, approximately 289 tonnes CO2e from market-based Scope 2 emissions, and around 62,830 tonnes CO2e from Scope 3 emissions. In 2024, the company's total emissions were approximately 78,491 tonnes CO2e, comprising around 1,495 tonnes CO2e (Scope 1), about 276 tonnes CO2e (market-based Scope 2), and roughly 76,720 tonnes CO2e (Scope 3). For 2023, the total emissions were about 4,678,707 tonnes CO2e, with Scope 1 emissions at approximately 1,807 tonnes CO2e, market-based Scope 2 emissions at around 1,364 tonnes CO2e, and Scope 3 emissions, including investments, at roughly 4,675,506 tonnes CO2e.

CNP Assurances is committed to achieving carbon neutrality in its investment portfolio by 2050. The company has set a target to reduce Scope 1 and Scope 2 GHG emissions from its internal operations by 50% between 2019 and 2030. Additionally, it aims to reduce the carbon footprint of its directly held equity, corporate bond, and infrastructure portfolio by 25% between 2019 and 2024, and by 53% between 2019 and 2029. CNP Assurances also intends to reduce the carbon intensity of electricity producers in which it holds direct investments by 17% between 2019 and 2024, aiming for 216 kgCO2eq/MWh by the end of 2024, down from 259 kgCO2eq/MWh in 2019. The company is committed to achieving zero direct exposure to thermal coal in its investment portfolio in the European Union and OECD countries by 2030, and globally by 2040. CNP Assurances is a committed member of the Science Based Targets initiative (SBTi) for net-zero. All emissions data and climate commitments are directly from CNP Assurances SA.