Groupe BPCE Sustainability Profile
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.
DitchCarbon Score
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.
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
Groupe BPCE's score of 41 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Groupe BPCE's reported carbon emissions
In 2024, Groupe BPCE reported total carbon emissions of approximately 531,459,000 kg CO2e. This 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. Additionally, the group has pledged a 50% reduction in the carbon footprint of its portfolio of listed equities by 2029 and a 30% reduction in the carbon footprint of its corporate bond portfolio by 2024. The emissions data and reduction targets are not cascaded from any parent organization, indicating that Groupe BPCE is independently managing its climate impact and sustainability initiatives.
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| 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 |
How Carbon Intensive is Groupe BPCE's Industry?
How Carbon Intensive is Groupe BPCE's Location?
Groupe BPCE's Scope 3 Categories Breakdown
Groupe BPCE's Scope 3 emissions, which decreased by 7% last year and decreased by approximately 18% since 2018, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 39% of Scope 3 emissions.
Top Scope 3 Categories
Groupe BPCE'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.
Groupe BPCE has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
