Société Générale, a prominent French multinational banking and financial services company, is headquartered in Paris, France. Founded in 1864, it has established a strong presence across Europe, Africa, and Asia, making it a key player in the global financial landscape. The bank operates primarily in the retail banking, corporate and investment banking, and asset management sectors. Société Générale is renowned for its innovative financial solutions, including tailored investment strategies and comprehensive risk management services. Its commitment to sustainability and digital transformation sets it apart in the competitive banking industry. With a robust market position, Société Générale has received numerous accolades for its services, reflecting its dedication to excellence and customer satisfaction.
How does Societe Generale's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Societe Generale's score of 58 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Société Générale reported significant carbon emissions, totalling approximately 166,035,000 kg CO2e globally. This includes 22,807,000 kg CO2e from Scope 1 emissions, 60,158,000 kg CO2e from Scope 2 emissions (market-based), and 83,071,000 kg CO2e from Scope 3 emissions. The bank has set ambitious targets to reduce its greenhouse gas emissions, committing to a 42% reduction in Scope 1 and Scope 2 emissions by 2030, using 2021 as the base year. Additionally, Société Générale aims to achieve net-zero emissions across all scopes (1, 2, and 3) by 2050 at the latest. These commitments align with industry standards and reflect the bank's dedication to addressing climate change and reducing its environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | 26,824,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 113,792,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 116,737,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Societe Generale is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.