Societe Generale Group
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Climate change-related risks, particularly transitional risk impacting credit risk of corporate customers.
- Brexit uncertainties and potential regulatory differences.
Mitigation Strategies
- Integration of climate-related risks into existing governance and processes.
- Monitoring Brexit negotiations and considering short-/mid-/long-term consequences in assumptions and estimates.
- Gradual integration of climate risks in the preparation of its consolidated accounts.
Supply Chain Management
Climate-Related Risks & Opportunities
Transition Risks
- Transitional risk on credit risk of corporate customers
Reporting Standards
Frameworks Used: IFRS as adopted by the European Union