Groupama, officially known as Groupama S.A., is a prominent player in the insurance and pension funding services sector, headquartered in France. Established in 1900, the company has evolved significantly, marking key milestones in its commitment to providing comprehensive insurance solutions across Europe, particularly in France and other major operational regions.
Specialising in a range of services, Groupama offers unique products in life, health, and property insurance, alongside pension funding solutions. Its customer-centric approach and innovative offerings have positioned it as a trusted name in the industry. With a strong market presence, Groupama has garnered recognition for its financial stability and commitment to sustainable practices, making it a leader in the insurance landscape.
+10 vs industry average
Groupama’s score of 47 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Insurance Services is among the least carbon-intensive industries
Industry performance
The Insurance Services industry has reduced its overall emissions by 7% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Groupama's reported carbon emissions
Groupama, a France-based insurer, reported a total of approximately 2.72 billion kg CO2e in emissions for the 2024 reporting year. This figure comprises Scope 1 emissions of approximately 28.79 million kg CO2e, Scope 2 emissions of about 5.58 million kg CO2e, and Scope 3 emissions totalling approximately 2.66 billion kg CO2e. Within its Scope 3 emissions, purchased goods and services accounted for approximately 78.27 million kg CO2e, and employee commute for about 20.27 million kg CO2e. For the 2023 reporting year, Groupama's total emissions were approximately 40.54 million kg CO2e, consisting of Scope 1 at about 21.37 million kg CO2e, Scope 2 at approximately 5.96 million kg CO2e, and Scope 3 at around 13.21 million kg CO2e. It is important to note that for 2023, the specific breakdown for purchased goods and services within Scope 3 was unavailable. Groupama has set a climate commitment to achieve a 40% reduction in emissions by 2030, compared to its 2019 baseline. This target aims for a total emission level of 30,631 tonnes CO2e. The company's disclosures cover Scope 1, Scope 2, and Scope 3 emissions. Groupama's carbon intensity was reported as 0.0537 EUR of revenue in 2024.
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Groupama’s Climate Goals (2030 & 2050)
1 goal2030
40% reduction in all scopes
40% reduction in emissions compared to 2019: 30,631 tCO2e
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 1 climate goals
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Scope 3 top emissions categories
5 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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Groupama
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