Credit Agricole
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.
DitchCarbon Score
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.
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
Credit Agricole's score of 58 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Credit Agricole's reported carbon emissions
In 2022, Crédit Agricole reported total carbon emissions of approximately 38,700 kg CO2e in France, with emissions data disclosed for Scope 1 and Scope 2. The breakdown includes 249,100 kg CO2e from mobile combustion and 6,826,700 kg CO2e from process emissions, alongside 16,833,300 kg CO2e from purchased electricity globally. The bank has set ambitious climate commitments, aiming to reduce the intensity of its CO2e emissions per ton of steel produced by 26% by 2030 compared to 2020 levels. Additionally, Crédit Agricole is committed to reducing financed greenhouse gas emissions at a rate twice as fast as the Net Zero 2050 scenario defined by the International Energy Agency, with a long-term target set for 2050. These initiatives reflect the bank's dedication to addressing climate change and enhancing sustainability within its operations and financing activities.
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| 2019 | 2022 | |
|---|---|---|
| Scope 1 | 16,495,000 | 00,000,000 |
| Scope 2 | 25,511,000 | 00,000,000 |
| Scope 3 | - | 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.
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.
