Crédit Mutuel Group

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2021

In its 2023 reporting, Crédit Mutuel Group disclosed greenhouse gas emissions of 475.1K tCO2e/year (organization level scopes 1 2 and 3 excluding financed emissions). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

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GHG Emissions
475.1K tCO2e/year (organization level scopes 1 2 and 3 excluding financed emissions)
2023

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023475.1K tCO2e/year (organization level scopes 1 2 and 3 excluding financed emissions)
2021383.0K tCO2e/year

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce carbon footprint of financing in oil & gas sector by 30% by 2030 (Crédit Mutuel Alliance Fédérale)
  • Have >90% of financing related to electricity production in projects emitting <100g CO2/kWh by 2030 (Crédit Mutuel Alliance Fédérale)
  • Reduce direct carbon footprint by 25% by 2024 (Crédit Mutuel Arkéa)
  • Meet with 60% of vulnerable customers by end of 2024 (Crédit Mutuel Arkéa)

📅 Medium-term

  • Reduce emissions by 40% by 2030 compared to 2011 (Crédit Mutuel Maine-Anjou et Basse-Normandie)

🔭 Long-term

  • Net-zero emissions by 2050 (aligned with NZBA commitment)

🌱 ESG Focus Areas

Climate Change MitigationClimate Change AdaptationFinancial Health and Inclusion

⚠️ Challenges & Risks +

  • Embedding PRB oversight into governance
  • Gaining or maintaining momentum in the bank
  • Conducting an impact analysis
  • Assessing negative environmental and social impacts
  • Setting targets
  • Data availability
  • Data quality

📋 Report Information

Reporting Period: 2023
Frameworks: GRI, TCFD, UN Global Compact, EU Taxonomy, SFDR, NFRD
Assurance: Independent third-party assurance for NFPS since 2012