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Our carbon balances: a proactive approach

To find out more about its environmental impact, in 2008 Crédit Agricole carried out an initial carbon balance of all its establishments in the Paris region. Since then we have been studying all the means at our disposal to reduce our greenhouse gas emissions in the long term.

First carbon balance in 2008

The carbon balance methodology devised by Ademe, the French environment and energy management agency, is a way of calculating the greenhouse gas emissions generated by an activity. Once the diagnosis is complete, practical steps can be taken to reduce emissions.

Using the method, in 2008 Crédit Agricole evaluated the environmental impact of its activities on all its sites in Paris and the Paris region. The audit covered 45 buildings used by various Group entities.

2008 carbon balance

Audited entities:

  • Crédit Agricole S.A.
  • LCL
  • Crédit Agricole Corporate and Investment Bank
  • Crédit Agricole Cheuvreux
  • Amundi
  • Crédit Agricole Assurances
  • Crédit Agricole Immobilier
  • Crédit Agricole Leasing & Factoring
  • Crédit Agricole Consumer Finance
  • CPR Asset Management

Audited activities:

  • Offices
  • Meeting rooms
  • Paper consumption
  • Office IT

After getting the results we created three working groups focusing on energy, transport and purchases of raw materials in order to identify all the measures we would have to take to reduce the Group's impact on the environment.

26 regional banks have also carried out carbon balances in the last two years.

Results of the 2008 carbon balance

Results of the 2008 carbon balance
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