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.
+8 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 25% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Groupama's reported carbon emissions
Groupama, a French insurance and pension funding services provider, reported a total of approximately 2.71 billion kg CO2e in emissions for the year 2024. This figure encompasses Scope 1, 2, and 3 emissions. Within this, Scope 1 emissions were around 28.8 million kg CO2e, Scope 2 emissions approximately 5.6 million kg CO2e, and Scope 3 emissions totalled about 2.66 billion kg CO2e.
For the year 2023, Groupama reported a total of approximately 40.5 million kg CO2e. This included Scope 1 emissions of about 21.4 million kg CO2e, Scope 2 emissions of approximately 6.0 million kg CO2e, and Scope 3 emissions totalling 13.2 million kg CO2e.
Groupama has committed to a significant climate target, aiming for a 40% reduction in emissions compared to 2019 levels by 2030. This translates to a target of 30,631 tonnes CO2e.
While earlier years (2020, 2021) did not disclose specific absolute emissions data, information on carbon intensity per FTE and per unit of revenue was provided, indicating efforts towards measuring and understanding their climate impact. The company's reporting for 2024 includes a carbon intensity of 0.0537 kg CO2e per EUR of revenue.
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Groupama’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
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.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
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Emissions comparison with industry peers
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Groupama
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