BRED
Last Rated in Apr 2025
Your bank is failing on climate responsibility.
As BRED's policies and deposits are controlled by BPCE, BRED receives the same rating as BCPE, #9 in Europe for fossil fuel financing.
In the 8 years since the Paris Agreement, banks like this one have funneled $6.9 trillion into coal, oil, and gas.
Your bank may be ignoring the Paris Agreement.
The Paris Agreement set the goal to stay under 1.5°C of warming for very good reasons. According to the Intergovernmental Panel on Climate Change, an increase of just a couple of degrees more could lead to "substantial species extinction, large risks to global and regional food security", and an inability to work outside — or even live — in some areas of the world. Our world will become unrecognizable as ocean dead zones, floods, and extreme weather fuel social and economic disruption.
Start to Bank Green Today
Banks live and die on their reputations. Mass movements of money to fossil-free competitors puts those reputations at grave risk. By moving your money to a sustainable financial institution, you will:
Send a message to your bank that it must defund fossil fuels
Join a fast-growing movement of consumers standing up for their future
Take a critical climate action with profound effects