Erafp, or Établissement de Retraite Additionnelle de la Fonction Publique, is a prominent player in the French pension sector, headquartered in France. Established in 2005, Erafp has made significant strides in providing supplementary retirement solutions for public sector employees across the nation. The company focuses on managing retirement savings and investment funds, offering unique products that cater specifically to the needs of civil servants. Erafp's commitment to sustainable investment practices sets it apart in the industry, ensuring that its offerings align with modern ethical standards. With a strong market position, Erafp has garnered recognition for its innovative approach to pension management, contributing to the financial security of thousands of public sector workers. Its operational reach extends throughout France, reinforcing its status as a trusted partner in retirement planning.
How does Erafp'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 Other Services 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.
Erafp's score of 29 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Erafp reported a carbon intensity of approximately 0.668 kg CO2e per euro of revenue for its portfolio, reflecting its commitment to sustainability. The organisation has set ambitious targets to reduce emissions by 20% for its developed market equities and corporate bond portfolios, with a timeframe from 2019 to 2025. This reduction initiative applies to both Scope 1 and Scope 2 emissions, demonstrating Erafp's proactive approach to mitigating its environmental impact. Looking at historical data, Erafp's emissions in France were approximately 23,900,000 kg CO2e in 2020, down from about 37,700,000 kg CO2e in 2019 and 30,100,000 kg CO2e in 2018. This trend indicates a commitment to reducing its carbon footprint over the years. The organisation has not disclosed specific Scope 3 emissions data, but its focus on reducing direct and indirect emissions aligns with industry standards for climate action. Erafp's climate commitments are not cascaded from a parent organisation, indicating that its sustainability strategies are independently developed. The organisation continues to prioritise transparency and accountability in its emissions reporting, contributing to broader climate goals within the financial sector.
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.
Erafp 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.