Groupama
Groupama, officially known as Groupama S.A., is a prominent French mutual insurance company headquartered in Paris, France. Established in 1900, Groupama has evolved into a key player in the insurance and financial services industry, with a strong presence across Europe and beyond. The company offers a diverse range of products, including life and health insurance, property and casualty insurance, and asset management services. What sets Groupama apart is its commitment to mutuality, ensuring that policyholders benefit from the company's success. With a robust market position, Groupama has received numerous accolades for its innovative solutions and customer-centric approach, solidifying its reputation as a trusted insurer. As it continues to expand its operations, Groupama remains dedicated to providing tailored insurance solutions that meet the evolving needs of its clients.
DitchCarbon Score
How does Groupama'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 Insurance Services 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
Groupama's score of 31 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Groupama's reported carbon emissions
In 2023, Groupama reported total carbon emissions of approximately 40,542,000 kg CO2e. This figure includes 21,368,000 kg CO2e from Scope 1 emissions, 5,964,000 kg CO2e from Scope 2 emissions, and 13,210,000 kg CO2e from Scope 3 emissions. Notably, the majority of Scope 3 emissions stem from business travel, which accounted for a significant portion of their overall carbon footprint. Looking back at previous years, in 2018, Groupama's emissions were recorded at 165,100 kg CO2e, with Scope 1 emissions at 53,000 kg CO2e and Scope 2 at 97,000 kg CO2e. The data for 2021 and 2022 is not available, indicating a potential gap in reporting during those years. Despite the substantial emissions reported, there are currently no specific reduction targets or initiatives outlined by Groupama. The absence of documented reduction strategies suggests that while the company is aware of its carbon footprint, it may not yet have formalised commitments to reduce emissions in line with industry standards or climate pledges.
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Get Started| 2017 | 2018 | 2023 | |
|---|---|---|---|
| Scope 1 | 9,000 | 00,000 | 00,000,000 |
| Scope 2 | 20,000 | 00,000 | 0,000,000 |
| Scope 3 | 454,800 | 000,000 | 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.
Groupama is not committed to any reduction initiatives 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.
