La Banque Postale Sustainability Profile
La Banque Postale, headquartered in Paris, France, is a prominent player in the banking and financial services industry. Established in 2006, it has rapidly evolved to become a key provider of retail banking, insurance, and asset management services across the country and beyond. With a strong commitment to accessibility and social responsibility, La Banque Postale offers a unique range of products, including current accounts, savings solutions, and home loans, tailored to meet the diverse needs of its customers. The bank is particularly noted for its focus on sustainable finance and innovative digital banking solutions. As a subsidiary of the La Poste Group, La Banque Postale has achieved significant market presence, serving millions of clients and earning recognition for its customer-centric approach and robust financial performance.
DitchCarbon Score
How does La Banque Postale'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
La Banque Postale's score of 54 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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La Banque Postale's reported carbon emissions
In 2024, La Banque Postale reported total carbon emissions of approximately 61,624,000,000 kg CO2e, with Scope 1 emissions at about 74,000,000 kg CO2e, Scope 2 emissions at approximately 75,000,000 kg CO2e, and Scope 3 emissions reaching about 100,000,000 kg CO2e. The combined Scope 1 and 2 emissions totalled around 697,000,000 kg CO2e. For 2023, the bank's total emissions were approximately 54,700,000 kg CO2e, with Scope 1 emissions at about 62,000,000 kg CO2e, Scope 2 emissions significantly higher at approximately 10,920,000,000 kg CO2e, and Scope 3 emissions at about 90,000,000 kg CO2e. The combined Scope 1 and 2 emissions for that year were around 703,000,000 kg CO2e. La Banque Postale has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 greenhouse gas emissions by 46% by 2030 from a 2019 baseline. Additionally, the bank has committed to achieving a 25% reduction in the carbon footprint of its directly-held equity and corporate bond portfolio over the 2019-2024 period, which has been extended to include infrastructure from 2022. The bank is also aligned with the Science Based Targets initiative (SBTi), committing to significant reductions in its emissions across various portfolios, including real estate and electricity generation, covering approximately 85% of its total investment and lending activities as of 2020. Furthermore, La Banque Postale aims to achieve net-zero emissions by 2040, demonstrating its commitment to long-term sustainability and climate action.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | - | - | 00,000,000 | 00,000,000 |
| Scope 2 | - | - | 00,000,000,000 | 00,000,000 |
| Scope 3 | - | - | 00,000,000 | 000,000,000 |
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La Banque Postale'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.
La Banque Postale has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about La Banque Postale's sustainability data and climate commitments