Crédit Mutuel Alliance Fédérale, a prominent player in the French banking sector, is headquartered in Strasbourg, France. Established in 1882, this cooperative banking group has evolved into a leading financial institution, serving millions of customers across various regions in France. The organisation operates primarily in retail banking, insurance, and asset management, offering a diverse range of products and services tailored to meet the needs of individuals and businesses. Notably, Crédit Mutuel Alliance Fédérale is recognised for its commitment to mutualism and customer-centric approach, setting it apart in a competitive market. With a strong market position, the group has achieved significant milestones, including numerous awards for customer satisfaction and innovation in financial services. Its unique blend of local presence and comprehensive financial solutions continues to solidify its reputation as a trusted partner in the banking industry.
How does Crédit Mutuel Alliance Fédérale'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 Mutuel Alliance Fédérale's score of 42 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Crédit Mutuel Alliance Fédérale reported total carbon emissions of approximately 435,757,000 kg CO2e, comprising 25,156,000 kg CO2e from Scope 1, 14,162,000 kg CO2e from Scope 2, and 406,493,000 kg CO2e from Scope 3 emissions. This data reflects a comprehensive disclosure of their emissions across all relevant scopes. The organisation has set ambitious reduction targets as part of its 2019-2023 strategic plan, aiming for a 30% reduction in CO2 emissions for both Scope 1 and Scope 2 by the end of 2023. Additionally, they plan to increase funding for climate-impact projects by 30% within the same timeframe. These commitments demonstrate a proactive approach to mitigating their carbon footprint and enhancing their climate resilience. Crédit Mutuel Alliance Fédérale's emissions data is not cascaded from any parent organisation, indicating that the reported figures are solely derived from their own operations. The organisation continues to focus on integrating sustainability into its core business practices, aligning with industry standards for climate action.
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 27,097,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 16,160,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 409,664,000 | 000,000,000 | 000,000,000 |
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Crédit Mutuel Alliance Fédérale has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

