Société Générale

Profile In-Progress

Target year

2050

Alignment with target-setting standards

Target Status

Formally Adopted

Terminology Tags

Carbon neutral

Net-Zero Pledge
Interim Targets
Pathways
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Interim Targets

no. 2 worldwide in renewable energy financing, no. 1 in advisory(1): over 50% of renewable energies in the financed electricity mix. - project to align all of the portfolios, including the most carbon-intensive sectors, with the paris climate agreement: target to reduce the portfolios exposed to oil and gas extraction by 10% by 2025. - towards a complete exit from coal: eliminate the group's exposure to coal by 2030 in oecd and eu countries, and by 2040 for the rest of the world.

2025

Description of Interim Target

Creating a future of sustainable mobility A fleet of low-emission vehicles: 40% reduction in CO2 emissions vs. 2019. Reducing our internal environmental footprint by 30% compared to 2019 Societe Generale is continuing with efforts to limit our own carbon footprint by meeting two objectives: cutting our greenhouse gas emissions by 25% per occupant and increasing the energy performance of the Group’s buildings (per occupant) by 25% between 2014 and 2020 (targets achieved in 2019). Furthermore, the Group has accelerated ‘Green IT’ efforts since signing the Sustainable IT Charter in 2019

% reductions committed to

Interim Target

no. 2 worldwide in renewable energy financing, no. 1 in advisory(1): over 50% of renewable energies in the financed electricity mix. – project to align all of the portfolios, including the most carbon-intensive sectors, with the paris climate agreement: target to reduce the portfolios exposed to oil and gas extraction by 10% by 2025. – towards a complete exit from coal: eliminate the group’s exposure to coal by 2030 in oecd and eu countries, and by 2040 for the rest of the world.

Baseline Emissions

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Profile in-progress

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