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Public Profile
Edible Oils and Fats
LU
updated 2 days ago

Société Financière des Caoutchoucs S.A.

Company website

Société Financière des Caoutchoucs S.A., commonly known as Socfin, 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 Africa and Southeast Asia. Socfin's core offerings include high-quality natural rubber and sustainably sourced palm oil, distinguished by their commitment to environmental stewardship and social responsibility. The company has achieved significant milestones, including certifications for sustainable practices, positioning itself as a leader in the industry. With a focus on innovation and sustainability, Socfin continues to enhance its market presence, contributing to both local economies and global supply chains.

DitchCarbon Score

How does Société Financière des Caoutchoucs S.A.'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.

14

Industry Average

Mean score of companies in the Edible Oils and Fats 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.

7

Industry Benchmark

Société Financière des Caoutchoucs S.A.'s score of 14 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.

54%

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Société Financière des Caoutchoucs S.A.'s reported carbon emissions

In 2023, Société Financière des Caoutchoucs S.A. reported significant carbon emissions, with Scope 2 emissions totalling approximately 4,023,000 kg CO2e and Scope 3 emissions reaching about 147,551,000 kg CO2e globally. The company has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions by 30% from a 2020 baseline by 2030. Additionally, they aspire to bring their Scope 1 and Scope 2 emissions to near zero by the middle of this decade (2023-2025). The emissions data is not cascaded from any parent company, indicating that these figures are independently reported by Société Financière des Caoutchoucs S.A. The company is actively working towards its climate goals, aligning with industry standards for sustainability and emissions reduction.

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2023
Scope 1
-
Scope 2
4,023,000
Scope 3
147,551,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Société Financière des Caoutchoucs S.A.'s primary industry is Oils/fats edible, which is very high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Société Financière des Caoutchoucs S.A. is in LU, which has a very low grid carbon intensity relative to other regions.

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.

Société Financière des Caoutchoucs S.A. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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