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 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Groupe BPCE reported total carbon emissions of approximately 531,459,000 kg CO2e. This figure includes Scope 1 emissions of about 21,330,000 kg CO2e, Scope 2 emissions of approximately 4,922,000 kg CO2e (market-based), and a significant contribution from Scope 3 emissions, which totalled around 505,207,000 kg CO2e. Notably, the largest components of Scope 3 emissions were from purchased goods and services (approximately 194,600,000 kg CO2e) and employee commuting (about 74,859,000 kg CO2e). Groupe BPCE has set ambitious climate commitments, aiming for a 15% reduction in its carbon footprint across Scope 1 and Scope 2 emissions by 2024, relative to 2019 levels. This target reflects the group's commitment to sustainability and aligns with broader industry efforts to mitigate climate change impacts. Additionally, the group has established a target to achieve a 50% reduction in the carbon footprint of its portfolio of listed equities by 2029. The emissions data indicates a slight decrease from 2023, where total emissions were reported at approximately 529,000,000 kg CO2e, and from 2022, which saw emissions of about 541,000,000 kg CO2e. This trend suggests that Groupe BPCE is making progress towards its reduction goals, although the overall emissions remain substantial. Groupe BPCE's climate strategy is further supported by its commitment to transparency and accountability in reporting, as evidenced by its disclosures to the CDP and adherence to industry standards. The group's initiatives reflect a proactive approach to addressing climate change and reducing its environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2024 | |
---|---|---|---|
Scope 1 | 35,740,000 | 00,000,000 | 00,000,000 |
Scope 2 | 24,689,000 | 00,000,000 | 0,000,000 |
Scope 3 | 612,718,000 | 000,000,000 | 000,000,000 |
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Groupe BPCE is not participating in any 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.