Société Générale
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Last updated: November 2021
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 Integrated Report 2019-2020
- Societe Generale’s climate-related reporting following the TCFD and NFRD guidelines
- Annual Financial report 2020
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: