Groupama Sustainability Profile
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 29 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Groupama's reported carbon emissions
In 2023, Groupama reported total carbon emissions of approximately 40.5 million kg CO2e, comprising 21.4 million kg CO2e from Scope 1, 5.9 million kg CO2e from Scope 2, and 13.2 million kg CO2e from Scope 3 emissions. This data reflects their global operations, with no specific emissions data disclosed for 2024 as of the latest report. Groupama has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company has not disclosed any significant climate pledges or initiatives aimed at reducing its carbon footprint. The emissions data is not cascaded from any parent organization, and all figures are derived directly from Groupama's own reporting. The company continues to monitor its emissions and is expected to enhance its climate commitments in future reports.
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| 2023 | |
|---|---|
| Scope 1 | 21,368,000 |
| Scope 2 | 5,964,000 |
| Scope 3 | 13,210,000 |
How Carbon Intensive is Groupama's Industry?
How Carbon Intensive is Groupama's Location?
Groupama's Climate Goals (2030 & 2050)
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.
Groupama 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.
