Societe Generale SA

Common Name
Societe Generale
Country
France
Sector
Financial Services
Industry
Banks - Regional
Employees
119,000
Ticker
GLE
Exchange
EURONEXT
Description
Société Générale Société anonyme is a major French multinational bank and diversified financial services provider, founded in 1864 and headquartered in Paris. As one of France’s largest banking instit...

Societe Generale's GHG Emissions Data Preview

In 2024, Societe Generale completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Societe Generale has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
b
0000000
Total Scope 2
Market-Based
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
c
0000000
Location-Based
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
b
0000000
Total Scope 3
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
b
0000000
Download Data

Verified Sources Behind Societe Generale’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Societe Generale’s data sources below and access millions more through our Disclosure Search.

a. Societe Generale's Universal Registration Document (URD) 2025
a. Societe Generale's Universal Registration Document (URD) 2025
b. Societe Generale's Universal Registration Document (URD) 2024
b. Societe Generale's Universal Registration Document (URD) 2024
c. Societe Generale's Universal Registration Document (URD) 2023
c. Societe Generale's Universal Registration Document (URD) 2023

Insights into Societe Generale's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Societe Generale amounted to 153,745 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Societe Generale increased by 53.05%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b

Societe Generale's Scope 1 Emissions Over Time

201920202021202220232024015 k30 k45 k60 ktCO2e-13%+6%+1%-15%+88%
  • Total Scope 1
  • Year-over-Year Change

What are Societe Generale's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Societe Generale were 42,867 metric tons of CO₂ equivalent (tCO₂e). a

Has Societe Generale reduced its Scope 1 emissions over time?

Since 2019, Societe Generale's Scope 1 emissions have increased by 49.87%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Societe Generale's Scope 1 emissions increased by 87.96%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b

What are Societe Generale's Scope 2 emissions?

In 2024, Societe Generale reported Scope 2 greenhouse gas (GHG) emissions of 70,108 tCO₂e using the market-based method and 110,878 tCO₂e using the location-based method. a

Has Societe Generale reduced its Scope 2 emissions over time?

Since 2019, Societe Generale's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have remained relatively stable, indicating that Societe Generale 's emissions have plateaued with no significant change in its energy consumption footprint. a b

Compared to the previous year (2023), Societe Generale's Scope 2 emissions (Location-Based) rose by 42.8% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a b

What methodology does Societe Generale use for Scope 2 reporting?

In 2024, Societe Generale reported its Scope 2 emissions using the market-based method and using the location-based method. a

Societe Generale's Scope 2 Emissions Over Time

201920202021202220232024035 k70 k105 k140 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Societe Generale's Value Chain Emissions

In 2024, Societe Generale reported 259,761,410 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Societe Generale includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 5 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Societe Generale's Scope 3 Emissions Over Time

201920202021202220232024065 M130 M195 M260 MtCO2e-31%-33%+17%+20%+312598%
  • Total Scope 3
  • Year-over-Year Change

What are Societe Generale's Scope 3 emissions?

In 2024, Societe Generale reported total Scope 3 emissions of 259,761,410 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 4.2% of these emissions originated from upstream activities such as purchased goods and capital goods, while 95.8% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Societe Generale reduced its Scope 3 emissions over time?

Since 2019, Societe Generale's Scope 3 emissions have increased by 202,444.59%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), Societe Generale's Scope 3 emissions increased by 312,598.07%, suggesting that the company faced challenges in reducing emissions across its value chain. a b

What categories of Scope 3 emissions does Societe Generale disclose?

In 2024, Societe Generale reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Societe Generale's Scope 3 emissions?

In 2024, the largest contributors to Societe Generale's Scope 3 emissions were: a

  • Investments (Cat. 15): 224,699,265 tCO₂e (86.5%)
  • Use of Sold Products (Cat. 11): 14,354,645 tCO₂e (5.53%)
  • Capital Goods (Cat. 2): 10,174,224 tCO₂e (3.92%)

Societe Generale's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(3.9%)Investments(Cat. 15)(86.5%)Use of Sold Products(Cat. 11)(5.5%)

Insights into Societe Generale’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Societe Generale reported Scope 1 greenhouse gas (GHG) emissions of 42,867 tCO₂e and total revenues of USD 54,642 millions. This translates into an emissions intensity of 0.78 tCO₂e per millions USD. a

Societe Generale's Scope 1 Emissions Intensity Compared to Peers

102002,00050,0001,000,000Scope 1 Emissions (tCO2e)1005005,00020,000200,000Revenues (Millions of USD)MPDCommerzbankYear: 2024Scope 1: 351,909 tCO2eRevenue: $M 12,864Scope 1 Intensity: 27.36 tCO2e/$MIndustrial BankYear: 2023Scope 1: 11,845 tCO2eRevenue: $M 29,657Scope 1 Intensity: 0.40 tCO2e/$MCaisse Regionale De Credit Agricole Mutuel Toulouse 31Year: 2024Scope 1: 30 tCO2eRevenue: $M 276Scope 1 Intensity: 0.11 tCO2e/$MCredit AgricoleYear: 2024Scope 1: 22,685 tCO2eRevenue: $M 26,356Scope 1 Intensity: 0.86 tCO2e/$MMMMizuho Financial GroupYear: 2024Scope 1: 10,427 tCO2eRevenue: $M 19,618Scope 1 Intensity: 0.53 tCO2e/$MRaiffeisen Bank InternationalYear: 2023Scope 1: 12,403 tCO2eRevenue: $M 10,047Scope 1 Intensity: 1.23 tCO2e/$MDBS Group HoldingsYear: 2024Scope 1: 1,300 tCO2eRevenue: $M 16,291Scope 1 Intensity: 0.08 tCO2e/$MChina Minsheng BankingYear: 2024Scope 1: 6,931 tCO2eRevenue: $M 18,676Scope 1 Intensity: 0.37 tCO2e/$MCaixaBankYear: 2024Scope 1: 7,282 tCO2eRevenue: $M 17,731Scope 1 Intensity: 0.41 tCO2e/$MChina Everbright BankYear: 2023Scope 1: 4,656 tCO2eRevenue: $M 20,494Scope 1 Intensity: 0.23 tCO2e/$MErste Group BankYear: 2024Scope 1: 16,803 tCO2eRevenue: $M 11,337Scope 1 Intensity: 1.48 tCO2e/$MBanco do BrasilYear: 2024Scope 1: 18,333 tCO2eRevenue: $M 22,945Scope 1 Intensity: 0.80 tCO2e/$MCTBC Financial HoldingYear: 2023Scope 1: 4,132 tCO2eRevenue: $M 4,279Scope 1 Intensity: 0.97 tCO2e/$MOTP BankYear: 2024Scope 1: 118,470 tCO2eRevenue: $M 6,856Scope 1 Intensity: 17.28 tCO2e/$MKbc GroepYear: 2024Scope 1: 40,717 tCO2eRevenue: $M 11,604Scope 1 Intensity: 3.51 tCO2e/$MBanco BradescoYear: 2024Scope 1: 19,631 tCO2eRevenue: $M 17,050Scope 1 Intensity: 1.15 tCO2e/$MJapan Post BankYear: 2023Scope 1: 4,301 tCO2eRevenue: $M 11,852Scope 1 Intensity: 0.36 tCO2e/$MStandard Bank GroupYear: 2024Scope 1: 13,877 tCO2eRevenue: $M 10,045Scope 1 Intensity: 1.38 tCO2e/$MKB Financial GroupYear: 2023Scope 1: 23,325 tCO2eRevenue: $M 15,261Scope 1 Intensity: 1.53 tCO2e/$MPing An BankYear: 2023Scope 1: 19,221 tCO2eRevenue: $M 23,155Scope 1 Intensity: 0.83 tCO2e/$MBNP ParibasYear: 2024Scope 1: 23,587 tCO2eRevenue: $M 68,547Scope 1 Intensity: 0.34 tCO2e/$MPPPostal Savings Bank of ChinaYear: 2024Scope 1: 5,547 tCO2eRevenue: $M 32,138Scope 1 Intensity: 0.17 tCO2e/$MDDDeutsche BankYear: 2024Scope 1: 16,978 tCO2eRevenue: $M 31,267Scope 1 Intensity: 0.54 tCO2e/$MSaudi National BankYear: 2024Scope 1: 13 tCO2eRevenue: $M 10,238Scope 1 Intensity: 0.00 tCO2e/$MPNC Financial Services GroupYear: 2022Scope 1: 32,100 tCO2eRevenue: $M 21,114Scope 1 Intensity: 1.52 tCO2e/$MSociete GeneraleYear: 2024Scope 1: 42,867 tCO2eRevenue: $M 54,642Scope 1 Intensity: 0.78 tCO2e/$M

How does Societe Generale's GHG emissions intensity compare to its peers?

In 2024, Societe Generale reported a Scope 1 emissions intensity of 0.78 tCO₂e per millions USD. Compared to the peer group median of 0.8 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Societe Generale rank on GHG emissions intensity within its industry?

In 2024, Societe Generale ranked 13 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Societe Generale is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Societe Generale's Total Carbon Footprint

In 2024, Societe Generale reported a total carbon footprint of 259,915,155 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 141,525.38% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to Societe Generale's total carbon footprint was Scope 3 emissions, accounting for 99.94% of the company's total carbon footprint, followed by Scope 2 emissions at 0.04%. a

Want Full Access to Societe Generale's GHG Emissions Dataset?
Sign Up