La Banque Postale Sustainability Profile
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 54 is higher than 73% 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 2024, La Banque Postale reported total carbon emissions of approximately 61,624,000,000 kg CO2e, with Scope 1 emissions at about 74,000,000 kg CO2e, Scope 2 emissions at approximately 75,000,000 kg CO2e, and Scope 3 emissions reaching about 100,000,000 kg CO2e. The combined Scope 1 and 2 emissions totalled around 697,000,000 kg CO2e. The bank has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 greenhouse gas emissions by 46% from a 2019 baseline by 2030. Additionally, it targets 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 infrastructure investments from 2022. La Banque Postale is also committed to achieving Science Based Targets (SBTs) in its real estate, mortgages, electricity generation project finance, and corporate instruments portfolios by 2030, covering approximately 85% of its total investment and lending activities as of 2020. Furthermore, the bank has pledged to reach net-zero emissions by 2040. These initiatives reflect La Banque Postale's dedication to addressing climate change and reducing its overall carbon footprint in alignment with global sustainability goals.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | - | - | 00,000,000 | 00,000,000 |
| Scope 2 | - | - | 00,000,000,000 | 00,000,000 |
| Scope 3 | - | - | 00,000,000 | 000,000,000 |
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La Banque Postale'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.
La Banque Postale has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about La Banque Postale's sustainability data and climate commitments