Banque De France Sustainability Profile
Banque de France, the central bank of France, is headquartered in Paris and plays a pivotal role in the European financial landscape. Established in 1800, it has evolved significantly, contributing to monetary policy, financial stability, and the regulation of the banking sector. As a key player in the banking industry, Banque de France focuses on core services such as currency issuance, economic research, and the oversight of payment systems. Its unique position allows it to influence both national and European monetary policies effectively. With a commitment to innovation and stability, Banque de France has achieved notable milestones, including its integration into the European System of Central Banks. This esteemed institution continues to uphold its reputation as a cornerstone of France's economic framework, ensuring a robust financial environment for businesses and consumers alike.
DitchCarbon Score
How does Banque De France'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
Banque De France's score of 48 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Banque De France's reported carbon emissions
In 2024, Banque de France reported total carbon emissions of approximately 26,803,000 kg CO2e. This figure includes Scope 1 emissions of about 9,751,000 kg CO2e, primarily from stationary combustion, and Scope 2 emissions of around 5,066,000 kg CO2e. Additionally, Scope 3 emissions were significant, totalling approximately 11,985,000 kg CO2e, with notable contributions from business travel and employee commuting. Banque de France has set ambitious reduction targets, aiming for a minimum 15% reduction in greenhouse gas emissions across its operations (Scopes 1 and 2) by 2024, relative to 2019 levels. Furthermore, the bank is targeting a 19.8% reduction in Scope 2 emissions related to electricity usage and a 34.2% reduction in Scope 1 emissions from gas and fuel use, both by 2025. The bank's commitment to sustainability is reflected in its comprehensive approach to emissions reporting and reduction initiatives, aligning with industry standards for climate action.
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| 2019 | 2021 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 14,368,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 2 | 6,469,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 18,505,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Banque De France's Industry?
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Banque De France'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.
Banque De France 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.
