Amundi’s 2018 Carbon Footprint

Paris, Friday 06 December 2019

Corporate

In the spring of 2019, Amundi calculated its carbon footprint across the entire Group, France and abroad1. In 2018, the total of GHG emissions reached 47,000 tons of CO2 equivalent (CO2e)2 i.e. 9.3 tons of CO2e per employee.

In 2019, to reflect the increased international scope of Amundi, the company has chosen to measure its carbon footprint following the GHG protocol3. Due to this change in methodology, a comparison with previous reports is not relevant.

Amundi calculates its carbon footprint for the 3 scopes of the GHG protocol:

  • Scope 1 are direct emissions from owned and controlled sources;
  • Scope 2 represent indirect emissions from the generation of purchased energy;
  • Scope 3 refers to other indirect emissions, which occur in the company’s value chain.

This carbon footprint follows 3 objectives:

  • Comply with legal requirements, particularly those imposed by France’s Law on Energy Transition for green growth which requires French companies with over 500 employees to report on CO2 emissions generated by the direct and indirect actitivies;
  • Contribute to national and international issues of GHG reduction ;
  • Reaffirm Amundi’s voluntary approach to reducing its own carbon footprint.

1. Amundi collected data in entities with more than 100 employees (Austria, France, Germany, Italy, Ireland, Japan, UK and the USA), obtaining a coverage rate of 89,2% of the total workforce. The results for these countries were extrapolated across the Group Amundi.
2. CO2 equivalent is a simplified unit of measurement of the different greenhouse gases (GHG).
3. The Greenhouse Gas Protocol defines international reporting standards for estimating and reporting GHG emissions.


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