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 62% 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, with significant contributions from Scope 3 emissions, which accounted for about 505,207,000 kg CO2e. The breakdown of emissions includes Scope 1 emissions at about 21,330,000 kg CO2e and Scope 2 emissions at approximately 4,922,000 kg CO2e (market-based). The organisation 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 a proactive approach to mitigating climate impact, with a focus on both operational and investment-related emissions. Additionally, Groupe BPCE has committed to 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. In previous years, Groupe BPCE's emissions were also significant, with 2023 emissions reported at approximately 529,000,000 kg CO2e globally, and Scope 2 emissions in France alone reaching about 18,369,386,000 kg CO2e. The organisation's ongoing efforts to track and reduce emissions demonstrate a commitment to sustainability and alignment with industry standards for climate action.
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 |
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 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.
