Crédit Agricole, often referred to as the "Green Bank," is a leading French financial institution headquartered in Montrouge, France. Established in 1894, it has evolved into one of the largest banking groups in Europe, with a strong presence in retail banking, insurance, and asset management across various regions, including Europe, North Africa, and Asia. The bank is renowned for its cooperative model, which prioritises customer interests and community development. Its core offerings include personal and business banking services, investment solutions, and insurance products, distinguished by a commitment to sustainability and innovation. Crédit Agricole's market position is bolstered by its extensive network of local branches and a robust digital banking platform, making it a trusted choice for millions of customers worldwide.
How does Credit Agricole'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.
Credit Agricole's score of 50 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Crédit Agricole reported total carbon emissions of approximately 133,989,010,000 kg CO2e. This includes Scope 1 emissions of about 2,370,000 kg CO2e, primarily from mobile combustion (1,062,000 kg CO2e), and Scope 2 emissions of approximately 3,605,000 kg CO2e (market-based). Notably, Scope 3 emissions from business travel reached about 16,694,000 kg CO2e. For the previous year, 2023, emissions data for the global operations were not disclosed, but in Italy, Scope 1 emissions totalled approximately 5,307,900 kg CO2e, while Scope 2 emissions were about 14,938,900 kg CO2e. Crédit Agricole has set significant climate commitments, aiming for a 15% reduction in greenhouse gas emissions across both Scope 1 and Scope 2 from 2016 to 2020. Furthermore, the Group has committed to achieving carbon neutrality by 2050, joining four Net Zero initiatives for the financial sector. The emissions data is cascaded from its parent company, Crédit Agricole S.A., which oversees the Group's climate initiatives and targets. As a financial institution, Crédit Agricole is actively working towards integrating sustainability into its operations and investment strategies, reflecting a growing commitment to addressing climate change.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2022 | 2024 | |
---|---|---|---|
Scope 1 | 16,495,000 | 00,000,000 | 0,000,000 |
Scope 2 | 25,511,000 | 00,000,000 | 0,000,000 |
Scope 3 | - | 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.
Credit Agricole is participating in some 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.