By taking action to reduce its climate footprint, the Crédit Mutuel group is maintaining its efforts to address and reduce the negative effects of its activities on the environment.
Greenhouse gas emissions assessment
Because the environment is one of society's major concerns, the group has been monitoring its consumption of resources for many years.
Those of its entities required to draft and publish a carbon assessment have done so every four years since 2011, using the ADEME website provided for this purpose and the Statements of Non-Financial Performance in their individual annual reports.
At the national level, a consolidated assessment of greenhouse gas emissions related to the group's activities is prepared every year. For the 2021 financial year, total emissions amounted to 382,976 tons of CO2 equivalent, down 22% on the previous year, attributable in particular to the action taken within the regional groups and the impact of the health crisis.
| (in tons of CO2 equivalent) | 2021 | 2020 |
|---|---|---|
| Direct greenhouse gas emissions (scope 1) | 27,145 | 25 ,766 |
| Direct greenhouse gas emissions (scope 2) | 16,160 | 15,937 |
| Indirect greenhouse gas emissions (scope 3) | 339,671 | 395,722 |
| Greenhouse gas emissions per FTE employee | 4.6 | 5.2 |
| GHG emissions per €m of NBI | 19.4 | 24.9 |
Our reduction targets
The regional groups are responsible for our reduction targets. Concerning direct emissions:
Crédit Mutuel Arkéa has set a goal to reduce the direct carbon footprint of its operations by reducing its greenhouse gas emissions by 16% between 2019 and 2024.
Crédit Mutuel Alliance Fédérale will continue to work to reduce its carbon footprint by 30% in line with the timeline of the strategic plan, compared with 2019. To meet this objective, it has chosen to apply ISO 14064, a standard which provides a framework for recognizing and verifying greenhouse gas emissions in all its office activities.
Crédit Mutuel Maine-Anjou and Basse-Normandie met its first greenhouse gas emissions reduction target in 2020 (−20% compared with 2011). A new target to reduce its emissions by 30% by 2030 was agreed in 2021.