SOCFIN Group, officially known as Société Financière des Caoutchoucs, is a prominent player in the agricultural sector, headquartered in Luxembourg (LU). Established in 1909, the company has built a strong reputation in the cultivation and processing of rubber and palm oil, primarily operating in West and Central Africa, as well as Southeast Asia. With a commitment to sustainable practices, SOCFIN Group offers high-quality products, including natural rubber and palm oil, distinguished by their adherence to environmental and social standards. The company has achieved notable milestones, such as certifications for sustainable production, positioning itself as a leader in the industry. Through its innovative approach and dedication to sustainability, SOCFIN Group continues to strengthen its market presence and contribute to the global agricultural landscape.
How does SOCFIN Group'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 Salt and Mineral Mining 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.
SOCFIN Group's score of 23 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of the latest available data, SOCFIN Group does not report specific carbon emissions figures, indicating a lack of detailed emissions data for the most recent year. The company has not established any documented reduction targets or climate pledges, which suggests a limited commitment to formal climate initiatives at this time. SOCFIN Group operates without cascaded emissions data from parent or related organizations, meaning their climate impact assessment is independent. The absence of specific emissions data and reduction initiatives highlights a potential area for growth in their environmental strategy. In the context of the industry, it is essential for companies like SOCFIN Group to develop and communicate clear climate commitments and reduction targets to align with global sustainability goals. This would not only enhance their corporate responsibility but also improve their standing in an increasingly eco-conscious market.
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.
SOCFIN Group is not participating in any of the initiatives that 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.