La Banque Postale
La Banque Postale, headquartered in Paris, France, is a prominent player in the banking and financial services industry. Established in 2006, it has rapidly evolved to become a key provider of retail banking, insurance, and asset management services across the country and beyond. With a strong commitment to accessibility and social responsibility, La Banque Postale offers a unique range of products, including current accounts, savings solutions, and home loans, tailored to meet the diverse needs of its customers. The bank is particularly noted for its focus on sustainable finance and innovative digital banking solutions. As a subsidiary of the La Poste Group, La Banque Postale has achieved significant market presence, serving millions of clients and earning recognition for its customer-centric approach and robust financial performance.
DitchCarbon Score
How does La Banque Postale'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 Financial Intermediation 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
La Banque Postale's score of 40 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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La Banque Postale's reported carbon emissions
In 2023, La Banque Postale reported total Scope 1 and 2 emissions of approximately 5,897,000 kg CO2e. This figure represents a reduction from 7,154,000 kg CO2e in 2022 and 6,778,000 kg CO2e in 2021, indicating a positive trend in their emissions management efforts. The bank has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 greenhouse gas emissions by 46% by 2030, using 2019 as the baseline year. Additionally, La Banque Postale is targeting a 25% reduction in the carbon footprint of its directly-held equity and corporate bond portfolio over the 2019-2024 period, which has been extended to include infrastructure from 2022. La Banque Postale is also committed to achieving net-zero emissions by 2040, demonstrating its long-term dedication to climate action. The bank's targets align with the Science Based Targets initiative (SBTi), ensuring that its strategies are consistent with the global goal of limiting warming to 1.5°C. Overall, La Banque Postale's emissions data and climate commitments reflect a proactive approach to sustainability, with clear reduction targets and a commitment to transparency in its environmental impact.
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Industry emissions intensity
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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.
La Banque Postale is participating in some of the initiatives that 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.
