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Sustainable development
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green banking: Our philosophy

Green banking is an alternative way to conduct banking business.
Crédit Agricole better-placed than others in the banking sector to lay claim to this approach owing to:


Its origins

Credit Agricole was created by the merger of Local Banks dedicated to providing financing to farmers.

Its organisation and culture

Crédit Agricole is not like other banks. It is built on a mutualist base consisting of 39 Regional Banks, which are owned by over 6 million members via 2,459 Local Banks. Collectively, the 39 Regional Banks own a 55.2% stake in Crédit Agricole S.A., which oversees the Group's business lines and subsidiaries.
Through this organisation, the Crédit Agricole Group serves human values and the real economy.

Identity

Commonly designated as "the Green Bank" in the media, Crédit Agricole has adopted green as its identifying colour. For Crédit Agricole, green is not just a colour or a trend: it represents a strategic focus and values.

LEGITIMACY ESTABLISHED

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Crédit Agricole is one of the first banks to have drawn on lessons learned from the crisis to reorganise and to focus exclusively on serving its customers and the real economy.

Crédit Agricole S.A. is included in the major benchmark SRI indices:
  • Aspi Eurozone (2004), FTSE4Good (2005) and DJSI Stoxx World (2009)
  • It is one of the top 100 socially responsible companies worldwide
(Source: Innovest – February 2008)

GREEN BANKING IN ACTION

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Responsible project finance
Committed asset management
Supporting alternative energy sources
Promoting and financing responsible growth
An active social responsibility policy
Reducing and balancing the carbon footprint