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La Banque PostaleFrance
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Created before Nov 2016
Last update: 2022-03-15 00:00:00

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La Banque Postale's head office in Paris. Photo: Guilhem Vellut via Flickr (CC BY 2.0)

About La Banque Postale

La Banque Postale is a French bank created on 1 January 2006 as a subsidiary of La Poste, the French national postal service. The bank operates in three segments: Retail Banking, Insurance, and Asset Management. La Banque Postale also focusses on services to local authorities concerning financing and banking, as well as stakeholders dealing with social housing, local institutions, public health-care establishments and semi-public organisations.

Website https://www.labanquepostale.com
Headquarters
115, Rue de Sèvres
75006 Paris
France
CEO/chair Philippe Heim
CEO
Supervisor
Banque de France
Annual report Annual integrated report 2020
Ownership

La Banque Postale is a subsidiary of La Poste, the French national postal service, which is majority-owned (73.3%) by the French state.

Complaints and grievances

La Banque Postale does not operate a complaints or grievance mechanism for individuals or communities who might have been affected by the bank's finance.

Stakeholders may also raise complaints via the OECD National Contact Points (OECD Watch guidance).

Related Dodgy Deals

La Banque Postale has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.

Dodgy Deals map

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Policy Assessments

Banks and Climate

Bank net zero commitments

BankLast update
Country
Target 2025
Target 2030
Net zero 2050
SBT
NZBA
CCCA
Details
La Banque Postale
2021-11-04
FRA
-10000
France
Profile
Target 2025
Target 2030
Net zero 2050
SBT
NZBA
CCCA
20211104
Last update: 2021-11-04
Explanation

La Banque Postale joined the NZBA in April 2021

References
2021-11-4

La Banque Postale s’engage avec les Nations Unies au sein de l’alliance bancaire Zéro Emission Nette

2021-11-4 | La Banque Postale
Explanation

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.

Abbreviations:

CCCA = Collective Commitment to Climate Action
NZBA = Net Zero Banking Alliance
SBT = Science-Based Targets

For more details see this page.

News

| |
Type:
Year:
blog
external news
our news

Carney and Bloomberg must show leadership to stop GFANZ dithering

Only five major GFANZ members have any restrictions on financing new oil and gas supply
2022-04-21 | Paris | BankTrack, urgewald, Climate Action Network International, Reclaim Finance, ReCommon
blog
external news
our news

New report: Despite ‘net zero’ rhetoric, world’s biggest banks continued to pour billions into fossil fuel expansion in 2021

Annual Banking on Climate Chaos report follows the money and details massive bank support for the world’s worst climate-destroying corporations
2022-03-30 | San Francisco, Bemidji, Nijmegen, Oakland, Paris, Sassenberg, Washington DC | BankTrack, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club, Urgewald
blog
external news
our news

NGOs release the first “Global Oil & Gas Exit List” at Glasgow COP

2021-11-04 | Glasgow | urgewald
blog
external news
our news

French bank La Banque Postale quits oil and gas, sets international precedent

2021-10-14 | Paris | Friends of the Earth France, Oxfam France, Reclaim Finance
blog
external news
our news

En Birmanie, des affaires qui risquent de ne pas faire les affaires des banques

2021-05-27 | Libération
blog
external news
our news

New bank climate initiative fails to grasp urgent need to end finance for fossil fuels

Civil society statement on the launch of the Net-Zero Banking Alliance
2021-04-22 | Nijmegen | BankTrack, urgewald, Amazon Watch, Bank on our Future, Indigenous Environmental Network, Market Forces, Positive Money, Rainforest Action Network, Reclaim Finance, ShareAction, Sierra Club
blog
external news
our news

Leading finance firms sign up to Mark Carney forum on low-carbon investment

2021-04-21 | The Guardian
blog
external news
our news

New report FoE France : French Banks, Fossil Banks?

New FoE report slams French banks for sad state climate policies
2007-03-06 | Paris, France | Les Amis de la Terre
blog
external news
our news

New report FoE France : Banques et environnement: Presque tout reste à faire

2006-03-06 | Paris, France | Les Amis de la Terre

Documents

Type:
Year:
ngo documents
2022-04-21 00:00:00

Letter to GFANZ for its 1st year anniversary

2022-04-21 00:00:00 | ReclaimFinance, BankTrack, ReCommon, urgewald, Climate Action Network International
our publications
2022-03-30 00:00:00

Banking on Climate Chaos 2022

Despite ‘net zero’ rhetoric, world’s biggest banks continued to pour billions into fossil fuel expansion in 2021
2022-03-30 00:00:00 | Rainforest Action Network, BankTrack, Indigenous Environmental Network, Oil Change International, Reclaim Finance, Sierra Club, urgewald
csr policies
2021-10-14 00:00:00

Decarbonization strategy

(includes financing of oil & gas exit policy)
2021-10-14 00:00:00 | La Banque Postale
csr policies
2021-10-07 00:00:00

Commitments to the planet

Date listed represents date as accessed on website
2021-10-07 00:00:00 | La Banque Postale
annual reports
2021-06-08 00:00:00

Annual integrated report 2020

2021-06-08 00:00:00 | La Banque Postale
other documents
2021-04-21 00:00:00

Commitment statement Net Zero Banking Alliance

2021-04-21 00:00:00 | UNEP FI Principles for Responsible Banking
other documents
2020-12-08 00:00:00

Collective Commitment to Climate Action - Year One in Review

2020-12-08 00:00:00 | UNEP FI Principles for Responsible Banking
other documents
2019-09-19 00:00:00

Collective Commitment to Climate Action

2019-09-19 00:00:00 | UNEP FI Principles for Responsible Banking
csr policies
2019-04-01 00:00:00

Social and sustainability bond framework

(includes financing of coal exit policy)
2019-04-01 00:00:00 | La Banque Postale
annual reports
2014-02-13 00:00:00

Rapport d’activité 2012

2014-02-13 00:00:00
annual reports
2014-02-12 00:00:00

2011:one-stop retail banking

2014-02-12 00:00:00
annual reports
2013-03-29 00:00:00

Annual Report 2011

2013-03-29 00:00:00 | La Banque Postale
ngo documents
2007-03-06 00:00:00

Environnement: Comment choisir ma banque?

2007-03-06 00:00:00 | Les amis de la Terre
ngo documents
2006-03-06 00:00:00

Banques françaises et environnement : presque tout reste à faire

2006-03-06 00:00:00 | Les Amis de la Terre

Policies

Voluntary standards

La Banque Postale has committed itself to the following voluntary standards:
  • Collective Commitment to Climate Action (CCCA)
  • Equator Principles
  • Net-Zero Banking Alliance (NZBA)
  • Principles for Responsible Banking (PRB)
  • Principles for Responsible Investment (PRI)
  • UNEP Finance Initiative

Investment policies

La Banque Postale's web page on corporate social responsibility can be accessed here.

Year:
csr policies
2021-10-14 00:00:00

Decarbonization strategy

(includes financing of oil & gas exit policy)
2021-10-14 00:00:00 | La Banque Postale
csr policies
2021-10-07 00:00:00

Commitments to the planet

Date listed represents date as accessed on website
2021-10-07 00:00:00 | La Banque Postale
csr policies
2019-04-01 00:00:00

Social and sustainability bond framework

(includes financing of coal exit policy)
2019-04-01 00:00:00 | La Banque Postale

Equator Principles

Implementation and reporting

Contact and complaints

Good moves

Year:

2021

French bank La Banque Postale quits oil and gas, sets international precedent

La Banque Postale has today become the first bank to publish an ambitious oil and gas exit strategy, just one day after the International Energy Agency (IEA) confirmed the necessity of stopping fossil fuel expansion in order to achieve carbon neutrality by 2050 and limit global warming to 1.5°C (1). Reclaim Finance,…
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