Groupama
Groupama, officially known as Groupama Assurances Mutuelles, 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, health, property, and casualty insurance, tailored to meet the needs of both individuals and businesses. What sets Groupama apart is its commitment to mutuality, ensuring that policyholders benefit from a customer-centric approach. With a rich history marked by significant milestones, Groupama has consistently maintained a robust market position, recognised for its innovative solutions and strong customer service. As a trusted name in the insurance sector, Groupama continues to adapt and thrive in an ever-changing landscape.
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 39 is higher than 84% 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 tonnes CO2e. This figure includes 23,000 tonnes CO2e from Scope 1 emissions, 19,000 tonnes CO2e from Scope 2 emissions, and 821,000 tonnes CO2e from Scope 3 emissions, which primarily stem from purchased goods and services. Over the years, Groupama's emissions have fluctuated. In 2022, the company recorded about 150,700 tonnes CO2e in total emissions, with 33,000 tonnes CO2e from Scope 1, 18,000 tonnes CO2e from Scope 2, and 635,000 tonnes CO2e from Scope 3. In 2021, the total emissions were significantly lower at around 207,000 tonnes CO2e, with Scope 1 and 2 emissions combined at 119,000 tonnes CO2e. Groupama has not publicly committed to specific reduction targets under frameworks such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). Their current climate strategy appears to be in development, as indicated by their CDP scores, which range from "F" to "Not Scored" for various assessments. As a major player in the insurance and mutual assurance sector, Groupama is positioned to influence sustainable practices within the industry. Their ongoing efforts to monitor and report emissions reflect a commitment to transparency and accountability in addressing climate change.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 10,063,693,000 | 00,000,000,000 | 000,000 | 00,000 | 00,000 |
| Scope 2 | 353,162,000 | 000,000,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | 75,570,000 | 00,000,000 | 000,000 | 000,000 | 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 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.
