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 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 35 is higher than 82% 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 Scope 1 emissions of about 22,807,000 kg CO2e, Scope 2 emissions of approximately 60,158,000 kg CO2e (market-based), and Scope 3 emissions of around 83,071,000 kg CO2e. In 2022, the bank's total emissions were about 167,998,000 kg CO2e, with Scope 1 emissions at approximately 24,336,000 kg CO2e, Scope 2 emissions of about 60,591,000 kg CO2e, and Scope 3 emissions of around 67,478,000 kg CO2e. Société Générale has shown a significant reduction in total emissions from 2020, when they reported approximately 197,000,000 kg CO2e, to 2023. However, there are currently no specific reduction targets or initiatives disclosed under the Science Based Targets initiative (SBTi) or other climate pledges. The bank's emissions data reflects its commitment to transparency in reporting carbon emissions across all scopes, although further details on specific reduction strategies or targets are not available.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 28,602,000 | 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 |
| Scope 3 | 128,249,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
