No, these are two different things. Bilan Carbone® measures an organisation's emissions. Environmental labelling summarises a product's impact in a single score, the environmental cost, calculated from the 16 PEF method indicators and a few additional indicators. The two complement each other and often use the same underlying data. See PEF versus LCA versus product carbon footprint for the full mapping.
Read the source article: Mandatory environmental labelling: for whom and when?