Société Générale
Information presented in this profile is for reference only. The Initiative, its Supporting Institutions and the Secretariat do not endorse the activities, tools or reports included in this profile.
Last updated: August 2023
Overview of climate mainstreaming approach and goals:
Societe Generale joined the UNEP-FI Net-Zero Banking Alliance as a founding member and undertakes to align its portfolios with trajectories aiming at carbon neutrality by 2050 with the ambitious goal of limiting global warming to 1.5 degrees Celsius. Societe Generale has been committed to limiting global warming since the Paris Agreement, determined to progressively reduce its support for fossil fuels in favor of renewable energies, with the priority being a withdraw from the coal sector.
Principal Strategic Documents:
- Societe Generale Inegrated report 2022-2023
- Societe Generale’s climate-related reporting following the TCFD and NFRD guidelines
Principal Tools and Methodologies:
- Credit Portfolio Alignment: An application of the PACTA methodology
- Poseidon Principles: a framework for responsible ship finance
- Societe Generale’s climate-related reporting following the TCFD and NFRD guidelines
- Principles for Responsible Banking – Reporting and Self-Assessment 2021
Key reports and other materials published by the institution:
- Societe Generale’s climate-related reporting following the TCFD and NFRD guidelines
- Société Générale Reporting and Self-Assessment 2021
- CSR and Climate Presentation – May 2023
- Statement related to sustainability risks and adverse impacts on sustainability factors
- Climate Disclosure Report 2021
- SASB Report 2022
- Principles for Responsible Banking Report and Self-Assessment 2023