La Banque Postale, a prominent player in the financial intermediation services sector, is headquartered in France and operates extensively across the country. Founded in 2006, it has quickly established itself as a key provider of banking and financial services, focusing on retail banking, asset management, and payment solutions.
The bank is renowned for its commitment to accessibility and customer service, offering a range of unique products tailored to meet the diverse needs of individuals and businesses. With a strong emphasis on sustainable finance, La Banque Postale has positioned itself as a leader in responsible banking practices.
Notable achievements include its significant market share in the French banking landscape and its innovative approach to digital banking solutions, making it a trusted choice for millions of customers.
+12 vs industry average
La Banque Postale’s score of 47 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
La Banque Postale's reported carbon emissions
La Banque Postale, headquartered in FR and operating in financial intermediation services, is committed to significant carbon emission reductions. For the reporting year 2024, the bank reported total absolute emissions of approximately 61.6 billion kg CO2e. This includes Scope 1 emissions of about 74 million kg CO2e, Scope 2 emissions of approximately 75 million kg CO2e, and Scope 3 emissions estimated at 100 million kg CO2e.
The bank has set ambitious reduction targets. La Banque Postale is committed to reducing its Scope 1 and 2 Greenhouse Gas (GHG) emissions by 46% over the period 2019-2030, aligning with a 1.5°C warming scenario. Another target aims for a 42% reduction in Scope 1 and 2 emissions between 2021 and 2030, as committed to the Science Based Targets initiative (SBTi) in 2017. Furthermore, La Banque Postale aims to achieve net-zero emissions by 2040.
For the reporting year 2023, total absolute emissions were approximately 547 million kg CO2e, with Scope 1 emissions around 62 million kg CO2e, Scope 2 emissions at approximately 10.9 billion kg CO2e, and Scope 3 emissions of about 90 million kg CO2e.
In 2022, La Banque Postale's total emissions were approximately 52.31 million kg CO2e, comprising Scope 1 emissions of about 17.76 million kg CO2e, Scope 2 emissions of 2.73 million kg CO2e, and Scope 3 emissions of approximately 31.82 million kg CO2e.
The bank also focuses on portfolio-level emissions. It has a target to reduce the carbon footprint of its directly-held equity and corporate bond portfolio by 25% between 2019 and 2024. This target was extended to infrastructure from 2022. Additionally, there is a commitment to reduce the carbon intensity of directly-held real electricity producers by 17% over the same 2019-2024 period. CNP Assurances, an affiliate, has pledged to achieve carbon neutrality in its investment portfolio by 2050.
La Banque Postale's targets, including those aligned with SBTi, cover 85% of its total investment and lending activities.
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La Banque Postale’s Climate Goals (2030 & 2050)
4 goals2030
30% reduction in Scope 1
Cette trajectoire vise à réduire ses émissions de gaz à effet de serre de 30% d'ici 2030 (2021 en année de référence).
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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La Banque Postale
Frequently asked questions
Common questions about La Banque Postale’s sustainability data and climate commitments
Data year: 2024
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