Helios
This brand is rated based on Crédit Mutuel Arkea
Your bank is climate responsible.
Helios' customer deposits are controlled by Crédit Mutuel, so it receives the same rating as Crédit Mutuel.
Crédit Mutuel continues to finance expansion of fossil fuels. In 2023 alone, it lent $213M to new oil & gas projects.
It does have a strict exclusion policy for coal but its exclusion policy for oil & gas does not cover expansion.
It has measured greenhouse has emissions enabled by its lending and has set targets, so while it is moving in the right direction, its level of climate accountability falls short.
Last reviewed:
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