CIC sustainability report
Sustainability Report and Carbon Intensity Rankings
Is CIC sustainability report doing their part?
Their DitchCarbon score is 45
CIC’s sustainability report indicates a DitchCarbon Score of 45 out of 100, reflecting moderate performance in sustainability practices. This score suggests that CIC’s carbon intensity is relatively high, implying there is significant room for improvement in reducing emissions. To enhance their sustainability efforts, CIC should focus on strategies to lower their carbon intensity and increase their DitchCarbon Score.
This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.
Industry emissions intensity
Very low
Low
Medium
High
Very high
CIC operates in the finance sector, which has a very low carbon intensity ranking. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.
Location emissions intensity
Very low
Low
Medium
High
Very high
The company in France benefits from a very low carbon intensity rating in its region, indicating a cleaner energy grid. This advantageous position supports the company’s sustainability efforts by reducing its carbon footprint through location-based lower emissions.
Unlock 30+ emissions data points on CIC sustainability report
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– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
Unlock 30+ emissions data points on CIC sustainability report
Get the emissions intelligence you need, no surveys required.
– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
5.83%
...this company is doing 5.83% worse in emissions than the industry average.
Founded in 1859 and headquartered in Lyon, CIC is a prominent player in the French finance sector. As the fourth largest banking group in France, it boasts a network of 1,844 branches and a workforce of 24,000 employees. CIC offers a comprehensive range of banking services to 2.7 million retail clients, self-employed professionals, and nearly one-third of French companies.
emission intelligence's platform recommendations for CIC sustainability report
The company should set clear, science-based targets for reducing Scope 3 emissions to potentially decrease their emissions by 35%.
Bad news, CIC has not set SBTi sustainability commitments yet.
The company has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means they are currently not aligned with a clear plan to reduce greenhouse gas emissions in line with climate science.
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Our methodology
Read about our emission calculation methodologies, and what the DitchCarbon Score means.
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