Société Financière des Caoutchoucs S.A.
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.
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.
Industry Benchmark
Société Financière des Caoutchoucs S.A.'s score of 14 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Société Financière des Caoutchoucs S.A.'s reported carbon emissions
Société Financière des Caoutchoucs S.A., headquartered in Luxembourg (LU), currently does not report any specific carbon emissions data. However, the company has set ambitious climate commitments aimed at significantly reducing its carbon footprint. The organisation has pledged to reduce its Scope 1 emissions to near zero by the middle of this decade, with a commitment to a 30% reduction from a 2020 baseline by 2030. Similarly, it aims to achieve near-zero Scope 2 emissions within the same timeframe, also targeting a 30% reduction from the 2020 baseline by 2030. These initiatives reflect a strong commitment to sustainability and align with industry standards for climate action. For further details on their sustainability efforts, refer to their 2023 Sustainability Report.
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.
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.
