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 63% 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 marked 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. The bank has set ambitious targets to further reduce its greenhouse gas emissions, aiming for a 46% reduction in Scope 1 and 2 emissions by 2030, based on a 2019 baseline. Additionally, they are committed to reducing the carbon footprint of their directly-held equity and corporate bond portfolio by 25% over the 2019-2024 period. La Banque Postale is also focused on achieving net-zero emissions by 2040, demonstrating a long-term commitment to sustainability. Their targets are aligned with the Science Based Targets initiative (SBTi), which underscores their dedication to limiting global warming to 1.5°C. The bank's portfolio targets cover approximately 85% of its total investment and lending activities, reflecting a comprehensive approach to climate action. Overall, La Banque Postale's emissions data and climate commitments illustrate a proactive stance in addressing climate change, with significant reduction targets and a clear pathway towards achieving net-zero emissions.
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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.
