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Home › Banks ›
Bank
La Banque PostaleFrance

Active

This profile is actively maintained
Last update: 2023-03-13 13:40:29
La Banque Postale's head office in Paris. Photo: Guilhem Vellut via Flickr (CC BY 2.0)

Active

This profile is actively maintained
Last update: 2023-03-13 13:40:29
About
Website https://www.labanquepostale.com
Headquarters
115, Rue de Sèvres
75006 Paris
France
CEO/chair Philippe Heim
CEO
Supervisor
Banque de France
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.

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.

Sustainability
Commitments
Policies
Voluntary standards

La Banque Postale's most important sustainability commitments can be found at the website sections listed below.

Links

CSR governance

Commitments to the planet

2021-10-14 00:00:00

Decarbonization strategy

(includes financing of oil & gas exit policy)
Bank policy
2021-10-14 00:00:00 | La Banque Postale
2019-04-01 00:00:00

Social and sustainability bond framework

(includes financing of coal exit policy)
Bank policy
2019-04-01 00:00:00 | La Banque Postale
La Banque Postale has committed itself to the following voluntary standards:
Collective Commitment to Climate Action (CCCA)Tags: climate change | corporate social responsibility | United Nations
Equator PrinciplesTags: Equator Principles | project finance | corporate social responsibility | sustainable development
Net-Zero Banking Alliance (NZBA)Tags: climate change | corporate social responsibility | energy | energy plants
Principles for Responsible Banking (PRB)Tags: climate change | corporate social responsibility | finance | sustainable development | United Nations | Voluntary Standards
Principles for Responsible Investment (PRI)Tags: corporate social responsibility | sustainable development | United Nations
UNEP Finance InitiativeTags: United Nations | sustainable development
Dodgy Deals

La Banque Postale is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of La Banque Postale's link to these deals.

Projects / Companies
Finance type
Year
Campaigns

Banks and Climate

The 2022 Banking on Climate Chaos report showed that La Banque Postale provided US$ 420 million in financing to the fossil fuel industry between 2016 and 2021. Find further details on La Banque Postale fossil fuel portfolio and how it compares to other large banks globally on Fossil Banks No Thanks and in the Banking on Climate Chaos report.

 

Reclaim Finance tracks the coal, oil and gas policies of financial institutions, including banks, in the Coal Policy Tracker and Oil and Gas Policy Tool. Find further details on their assessment of La Banque Postale fossil fuel policy below.

 


Tracking the Net Zero Banking Alliance

La Banque Postale is a member of the Net Zero Banking Alliance (NZBA) and has therefore committed to reduce its financed emissions to net zero by 2050; within 18 months of joining the alliance set interim targets for 2030 (or sooner) for high emission priority sectors, and within 36 months set further sector targets; set new intermediary targets every 5 years from 2030 onwards; annually publish data on emissions and progress against a transition strategy including climate-related sectoral policies; and take a robust approach to the role of offsets in transition plans. BankTrack track's implementation of these commitments in the NZBA compliance tracker.

 

News
BankTrack
Partners
Blog
External
Blog
BankTrack news BankTrack blog Partner news Partner blog

New report: Canadian bank RBC the #1 financier of fossil fuels, world’s biggest banks continued to pour billions into fossil fuel expansion

Annual Banking on Climate Chaos report follows the money and details massive bank support for the world’s worst climate-destroying corporations
2023-04-13 | San Francisco | BankTrack, urgewald, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club
Blog
BankTrack news BankTrack blog Partner news Partner blog

French banks need better decarbonization targets and fossil fuel policies

2023-04-13 | Paris, France | Reclaim Finance
Blog
BankTrack news BankTrack blog Partner news Partner blog

Europe’s largest banks falling short on climate and biodiversity action

New ShareAction research uncovers urgent need for UK and European banking sector to close loopholes in climate and biodiversity strategies
2022-12-12 | ShareAction
Blog
BankTrack news BankTrack blog Partner news Partner blog

European financial institutions heavily invested in companies involved in illegal Israeli settlements

725 European Financial Institutions found to provide billions of dollars in finance to companies operating in Israel's illegal settlement enterprise
2022-12-05 | Brussels | Don't Buy Into Occupation
Blog
BankTrack news BankTrack blog Partner news Partner blog

Leaders or laggards? Report analyzes net-zero pledges of US banks

Commitments, actions from 6 biggest banks fall far short of what’s needed for global climate goals
2022-11-02 | New York | Sierra Club
Blog
BankTrack news BankTrack blog Partner news Partner blog

Rio Grande Valley: at risk from fracked gas terminals

Big banks step away
2022-10-18 | Rainforest Action Network
Blog
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

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

2021-11-04 | Glasgow | urgewald
Blog
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

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

2021-05-27 | Libération
Blog
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

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

2021-04-21 | The Guardian
Blog
BankTrack news BankTrack blog Partner news Partner blog

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
BankTrack news BankTrack blog Partner news Partner blog

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

2006-03-06 | Paris, France | Les Amis de la Terre
Resources
Documents
2023-04-13 00:00:00

Banking on Climate Chaos 2023

Annual Banking on Climate Chaos report follows the money and details massive bank support for the world’s worst climate-destroying corporations
BankTrack publication
2023-04-13 00:00:00 | Rainforest Action Network, BankTrack, Indigenous Environmental Network, Oil Change International, Reclaim Finance, Sierra Club, Urgewald
2023-01-27 00:00:00

Background briefing: Just 7% of global banks' energy financing goes to renewables, new data shows

BankTrack publication
2023-01-27 00:00:00 | Profundo for Sierra Club, Fair Finance International, BankTrack, Rainforest Action Network
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
BankTrack publication
2022-03-30 00:00:00 | Rainforest Action Network, BankTrack, Indigenous Environmental Network, Oil Change International, Reclaim Finance, Sierra Club, urgewald
2021-10-14 00:00:00

Decarbonization strategy

(includes financing of oil & gas exit policy)
Bank policy
2021-10-14 00:00:00 | La Banque Postale
2021-06-08 00:00:00

Annual integrated report 2020

Annual report
2021-06-08 00:00:00 | La Banque Postale
2021-04-21 00:00:00

Commitment statement Net Zero Banking Alliance

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

Collective Commitment to Climate Action - Year One in Review

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

Collective Commitment to Climate Action

Other document
2019-09-19 00:00:00 | UNEP FI Principles for Responsible Banking
2019-04-01 00:00:00

Social and sustainability bond framework

(includes financing of coal exit policy)
Bank policy
2019-04-01 00:00:00 | La Banque Postale
2014-02-12 00:00:00

2011:one-stop retail banking

Annual report
2014-02-12 00:00:00
2007-03-06 00:00:00

Environnement: Comment choisir ma banque?

NGO document
2007-03-06 00:00:00 | Les amis de la Terre
2006-03-06 00:00:00

Banques françaises et environnement : presque tout reste à faire

NGO document
2006-03-06 00:00:00 | Les Amis de la Terre
Accountability
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).

This page evaluates La Banque Postale's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed
Responded?
Total score
Response
Action
Monitoring

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