Crédit Agricole Sets Ambitious Green Finance Targets in ACT 2028 Plan

Paris, France - Crédit Agricole has unveiled a bold set of sustainable finance goals, including a target to achieve a 90/10 green-brown ratio by 2028, meaning every euro of fossil fuel financing will be matched by nine euros for low-carbon energy projects.

The announcement came during the bank’s investor day, alongside its new medium-term strategic plan, ACT 2028, which reaffirms its net zero commitments and 2030 decarbonization targets across sectors including Oil & Gas, Power, Automotive, Real Estate, Cement, Aviation, Maritime, and Steel.

Under the plan, Crédit Agricole aims to facilitate €240 billion in transition financing and reach €1 billion in sustainable finance revenues in corporate and investment banking by 2028.

To support these ambitions, the bank launched new initiatives including Climate and Nature Force, an internal network driving innovative climate and biodiversity solutions, and CA Capital Nature, a program focused on nature-based solutions to protect forests and create economic value from natural capital.

Eric Campos, Chief Sustainability and Impact Officer, said:
"In 2025, we are taking a decisive step forward, moving towards an economy that regenerates rather than simply reducing negative impact. Our commitments reflect this ambition."