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About Crédit Mutuel
Crédit Mutuel is a French financial institution headquartered in Strasbourg. It is a credit union of more than 5,000 local branches regrouped in 11 regional federations (also known as CM11). These federations together form the CM11-CIC, which also includes the CIC group (Crédit Industriel et Commercial). In turn, the CM11-CIC Group operates as a subsidiary of Confédération Nationale du Crédit Mutuel.
34 rue Wacken
Nicolas Théry |
CSR Report 2020|
Annual report 2020
Crédit Mutuel is a co-operative bank owned by its members.
|Complaints and grievances||
Crédit Mutuel does not operate a complaints or grievances channel for individuals or communities that may be adversely affected by the bank's finance.
Stakeholders may raise complaints via the OECD National Contact Points (see OECD Watch guidance).
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Dodgy Deals map
Banks and Climate
Bank net zero commitments
Goal 2025/2030: Cut financed emissions 15% by 2023 (corporate client, asset management, and insurance portfolios). Also pledged to set a 2030 target (NZBA).
Goal 2050: NZBA
This table tracks the net zero pledges and commitments of banks. It shows whether banks have committed to net zero by 2050 and have set an interim emissions reduction goal for 2025 and/or 2030. It also notes banks that have not yet set targets but have pledged to do so in the future, including by joining the Collective Commitment to Climate Action or Net Zero Banking Alliance. Finally, it notes whether banks have (pledged to) set Science-Based Targets. More information and references can be found by expanding the 'details' section of each bank.
- A blue check mark means the bank has set a target or joined the alliance. A check mark does not mean that the target set by the bank meets any particular standard, just that is has set a target. In case we have identified short comings in the target, for example when it only applies to lending and not underwriting), this is noted in the 'details' section.
- An orange dash means a bank has pledged to set a target (for example, banks commit to set 2030 and 2050 targets when they join the NZBA), but have not yet actually done so.
CCCA = Collective Commitment to Climate Action
NZBA = Net Zero Banking Alliance
SBT = Science-Based Targets
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Voluntary standardsCrédit Mutuel has committed itself to the following voluntary standards:
Crédit Mutuel's webpage on corporate social responsibility can be accessed here.