Crédit Agricole, also known as the "Green Bank," is a prominent financial institution headquartered in Italy. Established in 1894, it has evolved into a leading player in the banking and financial services industry, with a strong presence across Europe and beyond. The bank primarily focuses on retail banking, corporate banking, and asset management, offering a diverse range of products and services tailored to meet the needs of individuals and businesses alike. With a commitment to sustainable finance, Crédit Agricole distinguishes itself through innovative solutions that promote environmental responsibility. The bank has achieved significant milestones, including its recognition as one of the largest cooperative banks in the world. Its market position is bolstered by a robust network of branches and a reputation for customer-centric service, making it a trusted choice for financial needs in Italy and across its operational regions.
How does Crédit 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.
Crédit Agricole's score of 36 is higher than 58% 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 16,076,636,090 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 16,060,802,800 kg CO2e. Scope 1 emissions were reported at about 8,803,870 kg CO2e, while Scope 2 emissions totalled approximately 7,029,420 kg CO2e (market-based). The bank has set ambitious climate commitments, aiming for a 50% reduction in Scope 1 and Scope 2 emissions by 2030, using a 2019 baseline. Additionally, Crédit Agricole has pledged to achieve carbon neutrality by 2050 as part of its Transition Plan. Notably, the bank has also committed to a 75% reduction in emissions from the oil and gas sector by 2030, a target that was recently increased from a previous 30% reduction goal. In Italy, emissions data for 2022 indicated Scope 2 emissions of approximately 9,487.3 kg CO2e (market-based), with no Scope 1 data available for that year. The bank's ongoing initiatives reflect a strong commitment to reducing its carbon footprint and aligning with global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2024 | |
---|---|---|
Scope 1 | 26,767,400 | 0,000,000 |
Scope 2 | 8,681,800 | 0,000,000 |
Scope 3 | - | 00,000,000,000 |
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.
Crédit Agricole 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.