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.
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.
Mean score of companies in the 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.
Groupama's score of 24 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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. Looking at previous years, emissions in 2022 were about 150,700 kg CO2e for Scope 1 and 2 combined, with Scope 3 emissions reaching approximately 330,000 kg CO2e. In 2021, the company reported 207,000 kg CO2e for Scope 1 and 2, while Scope 3 emissions totalled around 394,000 kg CO2e. Despite these figures, Groupama has not publicly disclosed specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further clarity on their long-term climate strategy. Overall, Groupama's emissions data reflects a significant scale of operations, with a clear opportunity for enhanced climate action and transparency in their sustainability efforts.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 10,063,693,000 | 00,000,000,000 | 000,000 | 000,000 | 00,000,000 |
Scope 2 | 353,162,000 | 000,000,000 | 000,000 | 000,000 | 0,000,000 |
Scope 3 | 75,570,000 | 00,000,000 | 000,000 | 000,000 | 00,000,000 |
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.
Groupama is committed to some 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.