Société Financière des Caoutchoucs S.A. Sustainability Profile
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 53% 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 by 30% from a 2020 baseline by 2030. Additionally, it aims to achieve near-zero Scope 1 emissions by the middle of this decade, specifically targeting 2025. Similarly, Société Financière des Caoutchoucs S.A. has committed to a 30% reduction in Scope 2 emissions from the same 2020 baseline by 2030, with a goal of reaching near-zero Scope 2 emissions by 2025. These initiatives reflect the company's proactive approach to climate action, aligning with industry standards for sustainability and emissions reduction.
How Carbon Intensive is Société Financière des Caoutchoucs S.A.'s Industry?
How Carbon Intensive is Société Financière des Caoutchoucs S.A.'s Location?
Société Financière des Caoutchoucs S.A.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Société Financière des Caoutchoucs S.A. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
