Societe Generale
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Societe Generale's score of 58 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Societe Generale's reported carbon emissions
In 2023, Société Générale reported total carbon emissions of approximately 166,035,000 kg CO2e. This figure includes 22,807,000 kg CO2e from Scope 1 emissions, 60,158,000 kg CO2e from Scope 2 emissions, and 83,071,000 kg CO2e from Scope 3 emissions, primarily driven by business travel. Over the years, Société Générale has made significant strides in reducing its carbon footprint. From 2019 to 2023, the bank's total emissions decreased from about 277,421,000 kg CO2e to 166,035,000 kg CO2e, reflecting a commitment to sustainability. The bank has set ambitious targets, aiming for a 42% reduction in Scope 1 and Scope 2 emissions by 2030, using 2021 as the base year. Additionally, Société Générale is committed to achieving net-zero emissions across all scopes by 2050. The bank's climate commitments align with industry standards, as it has joined the Net Zero Banking Alliance, reinforcing its dedication to global carbon neutrality by 2050. Through these initiatives, Société Générale is actively working towards a more sustainable future while addressing the challenges of climate change.
Unlock detailed emissions data
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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
