Groupe BPCE, headquartered in France, is a leading financial services group formed in 2009 through the merger of Banque Populaire and Caisse d'Épargne. With a strong presence across Europe, particularly in France, the group operates in the banking and insurance sectors, offering a diverse range of services including retail banking, corporate banking, and asset management. Renowned for its customer-centric approach, Groupe BPCE provides innovative financial solutions tailored to meet the needs of individuals, businesses, and institutions. Its core products, such as savings accounts, loans, and insurance services, are distinguished by their flexibility and accessibility. As one of the largest banking groups in France, Groupe BPCE has achieved significant milestones, including a robust market position and a commitment to sustainable finance, reinforcing its reputation as a trusted partner in the financial landscape.
How does Groupe BPCE'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.
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.
Groupe BPCE's score of 41 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Groupe BPCE reported total carbon emissions of approximately 529,000,000 kg CO2e. This figure reflects the company's ongoing commitment to addressing climate change, although specific breakdowns by emission scope (Scope 1, 2, or 3) were not disclosed for this year. In previous years, the company has shown a trend of emissions reduction, with total emissions recorded at about 541,000,000 kg CO2e in 2022, 549,000,000 kg CO2e in 2021, and 557,000,000 kg CO2e in 2020. Notably, in 2019, emissions peaked at approximately 622,000,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 541,376,000 kg CO2e, primarily from capital goods and business travel. Despite these figures, Groupe BPCE has not publicly committed to specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other formal climate pledges. The absence of defined reduction targets suggests a need for further clarity on their long-term climate strategy. Overall, while Groupe BPCE has made strides in monitoring and reporting its carbon footprint, the lack of specific reduction commitments highlights an area for potential improvement in their climate action framework.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Scope 1 | 27,877,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 18,747,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 541,376,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Groupe BPCE is not committed to any 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.