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Select an assessment year:

  • Overall approach
    8/16
    • Overarching commitment on deforestation
      8/16
      Deforestation commitment
      Reduce deforestation
      8/16
      "Since 2016, Societe Generale has been compliant with its commitments under the Soft Commodities Compact of the Banking Environment Initiative and the Consumer Goods Forum, which aims to achieve zero net deforestation of tropical rainforests by 2020 (see p. 269, “Soft Commodities Compact”)."
  • Commodity score
    24/64
    • Beef & Leather
      0/64
      • Commitment Strength
        0/42
        • Commodity-specific financing policy
          0/9.6
          • Commitment details
            No
            0/8
            Commitment details
            No
            0/8
            Type of policy: No policy
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Companies must be legally operated
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Companies must protect priority forests or globally important landscapes
          0/9.6
          • Commitment details
            No
            0/8
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Assurance mechanism to ensure compliance
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Commitments must be timebound
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
      • Social Considerations
        0/22
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
    • Palm oil
      37/64
      • Commitment Strength
        32/42
        • Commodity-specific financing policy
          9.6/9.6
          • Commitment details
            Yes
            8/8
            Commitment details
            Yes
            8/8
            Type of policy: Reduce deforestation
            (Translation) "Societe Generale has defined the following E&S criteria which are incorporated into its decision making process when considering provision of banking and financial services in the Palm Oil sector[...]Clients from the corporate investment bank significantly active in the upstream palm oil sector and in markets at high risk of tropical deforestation, can verify their operations are consistent with zero net deforestation by 2020 [and] Clients with downstream operations are encouraged to put in place purchasing policies to mirror the above requirement for their upstream suppliers, with a view to progressively increase the volume and proportion of RSPO certified palm oil entering their supply chain". 
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            (Translation) "Societe Generale has defined the following E&S criteria which are incorporated into its decision making process when considering provision of banking and financial services in the Palm Oil sector[...]Clients from the corporate investment bank significantly active in the upstream palm oil sector and in markets at high risk of tropical deforestation, can verify their operations are consistent with zero net deforestation by 2020 [and] Clients with downstream operations are encouraged to put in place purchasing policies to mirror the above requirement for their upstream suppliers, with a view to progressively increase the volume and proportion of RSPO certified palm oil entering their supply chain". 
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            (Translation) "Societe Generale has defined the following E&S criteria which are incorporated into its decision making process when considering provision of banking and financial services in the Palm Oil sector[...]Clients from the corporate investment bank significantly active in the upstream palm oil sector and in markets at high risk of tropical deforestation, can verify their operations are consistent with zero net deforestation by 2020 [and] Clients with downstream operations are encouraged to put in place purchasing policies to mirror the above requirement for their upstream suppliers, with a view to progressively increase the volume and proportion of RSPO certified palm oil entering their supply chain". 
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            (Translation) "Societe Generale has defined the following E&S criteria which are incorporated into its decision making process when considering provision of banking and financial services in the Palm Oil sector[...]Clients from the corporate investment bank significantly active in the upstream palm oil sector and in markets at high risk of tropical deforestation, can verify their operations are consistent with zero net deforestation by 2020 [and] Clients with downstream operations are encouraged to put in place purchasing policies to mirror the above requirement for their upstream suppliers, with a view to progressively increase the volume and proportion of RSPO certified palm oil entering their supply chain". 
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            (Translation) "Societe Generale has defined the following E&S criteria which are incorporated into its decision making process when considering provision of banking and financial services in the Palm Oil sector[...]Clients from the corporate investment bank significantly active in the upstream palm oil sector and in markets at high risk of tropical deforestation, can verify their operations are consistent with zero net deforestation by 2020 [and] Clients with downstream operations are encouraged to put in place purchasing policies to mirror the above requirement for their upstream suppliers, with a view to progressively increase the volume and proportion of RSPO certified palm oil entering their supply chain". 
        • Companies must be legally operated
          3.6/5.6
          • Commitment details
            Own operations - Require
            2/4
            Commitment details
            Own operations - Require
            2/4
            "Societe Generale requests its clients to comply with the E&S laws and regulations of each relevant country, while encouraging them to apply the Bank’s E&S standards". 
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Societe Generale requests its clients to comply with the E&S laws and regulations of each relevant country, while encouraging them to apply the Bank’s E&S standards". 
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Societe Generale requests its clients to comply with the E&S laws and regulations of each relevant country, while encouraging them to apply the Bank’s E&S standards". 
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Societe Generale requests its clients to comply with the E&S laws and regulations of each relevant country, while encouraging them to apply the Bank’s E&S standards". 
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Societe Generale requests its clients to comply with the E&S laws and regulations of each relevant country, while encouraging them to apply the Bank’s E&S standards". 
        • Companies must protect priority forests or globally important landscapes
          7.6/9.6
          • Commitment details
            Primary/Intact/Natural/HCV/HCS - Require
            6/8
            Commitment details
            Primary/Intact/Natural/HCV/HCS - Require
            6/8
            "When conducting an E&S assessment of a transaction in this sector, Societe Generale has the following requirements[...]Plantations have not been created by replacement, since November 2005, of primary forest or any area required to maintain or enhance one or more High Conservation Values". 
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "When conducting an E&S assessment of a transaction in this sector, Societe Generale has the following requirements[...]Plantations have not been created by replacement, since November 2005 , of primary forest or any area required to maintain or enhance one or more High Conservation Values". 
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "When conducting an E&S assessment of a transaction in this sector, Societe Generale has the following requirements[...]Plantations have not been created by replacement, since November 2005 , of primary forest or any area required to maintain or enhance one or more High Conservation Values". 
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "When conducting an E&S assessment of a transaction in this sector, Societe Generale has the following requirements[...]Plantations have not been created by replacement, since November 2005 , of primary forest or any area required to maintain or enhance one or more High Conservation Values". 
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "When conducting an E&S assessment of a transaction in this sector, Societe Generale has the following requirements[...]Plantations have not been created by replacement, since November 2005 , of primary forest or any area required to maintain or enhance one or more High Conservation Values". 
        • Assurance mechanism to ensure compliance
          5.6/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Verification method: Certification Scheme
            Certification scheme (if applicable): RSPO
            (Translation) "Societe Generale has defined the following E&S criteria which are incorporated into its decision making process when considering provision of banking and financial services in the Palm Oil sector[...]Clients from the corporate investment bank significantly active in the upstream palm oil sector and in markets at high risk of tropical deforestation, can verify their operations are consistent with zero net deforestation by 2020 [and] Clients with downstream operations are encouraged to put in place purchasing policies to mirror the above requirement for their upstream suppliers, with a view to progressively increase the volume and proportion of RSPO certified palm oil entering their supply chain". 
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            (Translation) "Societe Generale has defined the following E&S criteria which are incorporated into its decision making process when considering provision of banking and financial services in the Palm Oil sector[...]Clients from the corporate investment bank significantly active in the upstream palm oil sector and in markets at high risk of tropical deforestation, can verify their operations are consistent with zero net deforestation by 2020 [and] Clients with downstream operations are encouraged to put in place purchasing policies to mirror the above requirement for their upstream suppliers, with a view to progressively increase the volume and proportion of RSPO certified palm oil entering their supply chain".   
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            (Translation) "Societe Generale has defined the following E&S criteria which are incorporated into its decision making process when considering provision of banking and financial services in the Palm Oil sector[...]Clients from the corporate investment bank significantly active in the upstream palm oil sector and in markets at high risk of tropical deforestation, can verify their operations are consistent with zero net deforestation by 2020 [and] Clients with downstream operations are encouraged to put in place purchasing policies to mirror the above requirement for their upstream suppliers, with a view to progressively increase the volume and proportion of RSPO certified palm oil entering their supply chain". 
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            (Translation) "Societe Generale has defined the following E&S criteria which are incorporated into its decision making process when considering provision of banking and financial services in the Palm Oil sector[...]Clients from the corporate investment bank significantly active in the upstream palm oil sector and in markets at high risk of tropical deforestation, can verify their operations are consistent with zero net deforestation by 2020 [and] Clients with downstream operations are encouraged to put in place purchasing policies to mirror the above requirement for their upstream suppliers, with a view to progressively increase the volume and proportion of RSPO certified palm oil entering their supply chain". 
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            (Translation) "Societe Generale has defined the following E&S criteria which are incorporated into its decision making process when considering provision of banking and financial services in the Palm Oil sector[...]Clients from the corporate investment bank significantly active in the upstream palm oil sector and in markets at high risk of tropical deforestation, can verify their operations are consistent with zero net deforestation by 2020 [and] Clients with downstream operations are encouraged to put in place purchasing policies to mirror the above requirement for their upstream suppliers, with a view to progressively increase the volume and proportion of RSPO certified palm oil entering their supply chain". 
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Commitments must be timebound
          5.6/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Type of policy: Compliance is prerequisite for financing
            "Societe Generale is committed to incorporating in its decision making processes the review of the E&S impacts potentially associated with the activities of its clients". "When conducting a corporate E&S assessment in this sector, Societe Generale applies the following criteria[...]Clients of the corporate and investment bank active in a significant way in the upstream palm oil sector in markets at high risk of tropical deforestation can verify by 2020 that their operations are consistent with zero net deforestation [and] clients with downstream operations are encouraged to put in place purchasing policies to mirror the above requirement for their upstream suppliers, with a view to progressively increase the volume and proportion of RSPO certified palm oil entering their supply chain". 
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Societe Generale is committed to incorporating in its decision making processes the review of the E&S impacts potentially associated with the activities of its clients". "When conducting a corporate E&S assessment in this sector, Societe Generale applies the following criteria[...]Clients of the corporate and investment bank active in a significant way in the upstream palm oil sector in markets at high risk of tropical deforestation can verify by 2020 that their operations are consistent with zero net deforestation [and] clients with downstream operations are encouraged to put in place purchasing policies to mirror the above requirement for their upstream suppliers, with a view to progressively increase the volume and proportion of RSPO certified palm oil entering their supply chain". 
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Societe Generale is committed to incorporating in its decision making processes the review of the E&S impacts potentially associated with the activities of its clients". "When conducting a corporate E&S assessment in this sector, Societe Generale applies the following criteria[...]Clients of the corporate and investment bank active in a significant way in the upstream palm oil sector in markets at high risk of tropical deforestation can verify by 2020 that their operations are consistent with zero net deforestation [and] clients with downstream operations are encouraged to put in place purchasing policies to mirror the above requirement for their upstream suppliers, with a view to progressively increase the volume and proportion of RSPO certified palm oil entering their supply chain". 
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Societe Generale is committed to incorporating in its decision making processes the review of the E&S impacts potentially associated with the activities of its clients". "When conducting a corporate E&S assessment in this sector, Societe Generale applies the following criteria[...]Clients of the corporate and investment bank active in a significant way in the upstream palm oil sector in markets at high risk of tropical deforestation can verify by 2020 that their operations are consistent with zero net deforestation [and] clients with downstream operations are encouraged to put in place purchasing policies to mirror the above requirement for their upstream suppliers, with a view to progressively increase the volume and proportion of RSPO certified palm oil entering their supply chain". 
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Societe Generale is committed to incorporating in its decision making processes the review of the E&S impacts potentially associated with the activities of its clients". "When conducting a corporate E&S assessment in this sector, Societe Generale applies the following criteria[...]Clients of the corporate and investment bank active in a significant way in the upstream palm oil sector in markets at high risk of tropical deforestation can verify by 2020 that their operations are consistent with zero net deforestation [and] clients with downstream operations are encouraged to put in place purchasing policies to mirror the above requirement for their upstream suppliers, with a view to progressively increase the volume and proportion of RSPO certified palm oil entering their supply chain". 
      • Social Considerations
        5/22
        • Company must ensure Free, Prior and Informed Consent
          5.4/5.6
          • Commitment details
            Yes - Require
            4/4
            Commitment details
            Yes - Require
            4/4
            "Societe Generale applies the Equator Principles and its underlying standards to the transactions falling in the scope of this initiative."  These principles address FPIC. 
          • Policy applies to all operations and financing
            Subset
            0.2/0.4
            Policy applies to all operations and financing
            Subset
            0.2/0.4
            "Societe Generale applies the Equator Principles and its underlying standards to the transactions falling in the scope of this initiative."  These principles address FPIC. 
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Societe Generale applies the Equator Principles and its underlying standards to the transactions falling in the scope of this initiative."  These principles address FPIC. 
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Societe Generale applies the Equator Principles and its underlying standards to the transactions falling in the scope of this initiative."  These principles address FPIC. 
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Societe Generale applies the Equator Principles and its underlying standards to the transactions falling in the scope of this initiative."  These principles address FPIC. 
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
    • Soy
      28/64
      • Commitment Strength
        28/42
        • Commodity-specific financing policy
          9.6/9.6
          • Commitment details
            Yes
            8/8
            Commitment details
            Yes
            8/8
            Type of policy: Zero net deforestation
            "Clients are encouraged to implement the best E&S practices of the sector. When conducting a corporate E&S assessment in this sector, Societe Generale applies the following criteria[...]Clients of the corporate and investment bank active in a significant way in the upstream palm oil and soy sectors in markets at high risk of tropical deforestation can verify by 2020 that their operations are consistent with zero net deforestation[and]Clients with downstream operations are encouraged to put in place purchasing policies to mirror the above requirements for their upstream suppliers". 
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Clients are encouraged to implement the best E&S practices of the sector. When conducting a corporate E&S assessment in this sector, Societe Generale applies the following criteria[...]Clients of the corporate and investment bank active in a significant way in the upstream palm oil and soy sectors in markets at high risk of tropical deforestation can verify by 2020 that their operations are consistent with zero net deforestation[and]Clients with downstream operations are encouraged to put in place purchasing policies to mirror the above requirements for their upstream suppliers".
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Clients are encouraged to implement the best E&S practices of the sector. When conducting a corporate E&S assessment in this sector, Societe Generale applies the following criteria[...]Clients of the corporate and investment bank active in a significant way in the upstream palm oil and soy sectors in markets at high risk of tropical deforestation can verify by 2020 that their operations are consistent with zero net deforestation[and]Clients with downstream operations are encouraged to put in place purchasing policies to mirror the above requirements for their upstream suppliers".
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Clients are encouraged to implement the best E&S practices of the sector. When conducting a corporate E&S assessment in this sector, Societe Generale applies the following criteria[...]Clients of the corporate and investment bank active in a significant way in the upstream palm oil and soy sectors in markets at high risk of tropical deforestation can verify by 2020 that their operations are consistent with zero net deforestation[and]Clients with downstream operations are encouraged to put in place purchasing policies to mirror the above requirements for their upstream suppliers".
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Clients are encouraged to implement the best E&S practices of the sector. When conducting a corporate E&S assessment in this sector, Societe Generale applies the following criteria[...]Clients of the corporate and investment bank active in a significant way in the upstream palm oil and soy sectors in markets at high risk of tropical deforestation can verify by 2020 that their operations are consistent with zero net deforestation[and]Clients with downstream operations are encouraged to put in place purchasing policies to mirror the above requirements for their upstream suppliers".
        • Companies must be legally operated
          3.6/5.6
          • Commitment details
            Own operations - Require
            2/4
            Commitment details
            Own operations - Require
            2/4
            "The E&S laws and regulations its clients have to comply with vary from one country to another or one region to another. At a minimum, Societe Generale requests them to comply with the E&S laws and regulations of each relevant country"
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "The E&S laws and regulations its clients have to comply with vary from one country to another or one region to another. At a minimum, Societe Generale requests them to comply with the E&S laws and regulations of each relevant country"
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "The E&S laws and regulations its clients have to comply with vary from one country to another or one region to another. At a minimum, Societe Generale requests them to comply with the E&S laws and regulations of each relevant country"
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "The E&S laws and regulations its clients have to comply with vary from one country to another or one region to another. At a minimum, Societe Generale requests them to comply with the E&S laws and regulations of each relevant country"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "The E&S laws and regulations its clients have to comply with vary from one country to another or one region to another. At a minimum, Societe Generale requests them to comply with the E&S laws and regulations of each relevant country"
        • Companies must protect priority forests or globally important landscapes
          5.6/9.6
          • Commitment details
            Primary/Intact/Natural/HCV/HCS - Encourage
            4/8
            Commitment details
            Primary/Intact/Natural/HCV/HCS - Encourage
            4/8
            "When evaluating clients’ activity and/or transactions in this sector, particular attention is paid to the following aspects[...]Deforestation and conversion of natural ecosystems and habitats into agricultural land". 
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "When evaluating clients’ activity and/or transactions in this sector, particular attention is paid to the following aspects[...]Deforestation and conversion of natural ecosystems and habitats into agricultural land". 
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "When evaluating clients’ activity and/or transactions in this sector, particular attention is paid to the following aspects[...]Deforestation and conversion of natural ecosystems and habitats into agricultural land". 
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "When evaluating clients’ activity and/or transactions in this sector, particular attention is paid to the following aspects[...]Deforestation and conversion of natural ecosystems and habitats into agricultural land". 
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "When evaluating clients’ activity and/or transactions in this sector, particular attention is paid to the following aspects[...]Deforestation and conversion of natural ecosystems and habitats into agricultural land". 
        • Assurance mechanism to ensure compliance
          3.6/5.6
          • Commitment details
            Encourage
            2/4
            Commitment details
            Encourage
            2/4
            Certification scheme (if applicable): RTRS
            Verification method: Certification Scheme
            Societe Generale encourage clients active in the upstream food production sector to join a credible certification scheme, with this being the RTRS for soy. They also encourage clients with downstream operations to put in place purchasing policies to mirror these requirements.
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            Societe Generale encourage clients active in the upstream food production sector to join a credible certification scheme, with this being the RTRS for soy. They also encourage clients with downstream operations to put in place purchasing policies to mirror these requirements.
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            Societe Generale encourage clients active in the upstream food production sector to join a credible certification scheme, with this being the RTRS for soy. They also encourage clients with downstream operations to put in place purchasing policies to mirror these requirements.
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            Societe Generale encourage clients active in the upstream food production sector to join a credible certification scheme, with this being the RTRS for soy. They also encourage clients with downstream operations to put in place purchasing policies to mirror these requirements.
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Societe Generale encourage clients active in the upstream food production sector to join a credible certification scheme, with this being the RTRS for soy. They also encourage clients with downstream operations to put in place purchasing policies to mirror these requirements.
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Commitments must be timebound
          5.6/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Type of policy: Compliance is prerequisite for financing
            "Societe Generale has defined the following E&S criteria to incorporate into its decision making process when considering provision of banking and financial services in the Agriculture and Food sector: [...] Clients of the corporate and investment bank active in a significant way in the upstream palm oil and soy sectors in markets at high risk of tropical deforestation can verify by 2020 that their operations are consistent with zero net deforestation".
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Societe Generale has defined the following E&S criteria to incorporate into its decision making process when considering provision of banking and financial services in the Agriculture and Food sector: [...] Clients of the corporate and investment bank active in a significant way in the upstream palm oil and soy sectors in markets at high risk of tropical deforestation can verify by 2020 that their operations are consistent with zero net deforestation".
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Societe Generale has defined the following E&S criteria to incorporate into its decision making process when considering provision of banking and financial services in the Agriculture and Food sector: [...] Clients of the corporate and investment bank active in a significant way in the upstream palm oil and soy sectors in markets at high risk of tropical deforestation can verify by 2020 that their operations are consistent with zero net deforestation".
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Societe Generale has defined the following E&S criteria to incorporate into its decision making process when considering provision of banking and financial services in the Agriculture and Food sector: [...] Clients of the corporate and investment bank active in a significant way in the upstream palm oil and soy sectors in markets at high risk of tropical deforestation can verify by 2020 that their operations are consistent with zero net deforestation".
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Societe Generale has defined the following E&S criteria to incorporate into its decision making process when considering provision of banking and financial services in the Agriculture and Food sector: [...] Clients of the corporate and investment bank active in a significant way in the upstream palm oil and soy sectors in markets at high risk of tropical deforestation can verify by 2020 that their operations are consistent with zero net deforestation".
      • Social Considerations
        0/22
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
    • Timber, Pulp & Paper
      32/64
      • Commitment Strength
        32/42
        • Commodity-specific financing policy
          9.6/9.6
          • Commitment details
            Yes
            8/8
            Commitment details
            Yes
            8/8
            Type of policy: Reduce deforestation
            Societe Generale's Forestry and Forest Products Sector Policy states that "[clients active in the Upstream Sector] are also expected to be engaged in a sustainability certification scheme for their operations…; Clients active in the Downstream Sector are also encouraged to get their operations certified." They state that "FSC and PEFC certifications are acceptable to Societe Generale."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            Societe Generale's Forestry and Forest Products Sector Policy states that "[clients active in the Upstream Sector] are also expected to be engaged in a sustainability certification scheme for their operations…; Clients active in the Downstream Sector are also encouraged to get their operations certified." They state that "FSC and PEFC certifications are acceptable to Societe Generale."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            Societe Generale's Forestry and Forest Products Sector Policy states that "[clients active in the Upstream Sector] are also expected to be engaged in a sustainability certification scheme for their operations…; Clients active in the Downstream Sector are also encouraged to get their operations certified." They state that "FSC and PEFC certifications are acceptable to Societe Generale."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            Societe Generale's Forestry and Forest Products Sector Policy states that "[clients active in the Upstream Sector] are also expected to be engaged in a sustainability certification scheme for their operations…; Clients active in the Downstream Sector are also encouraged to get their operations certified." They state that "FSC and PEFC certifications are acceptable to Societe Generale."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Societe Generale's Forestry and Forest Products Sector Policy states that "[clients active in the Upstream Sector] are also expected to be engaged in a sustainability certification scheme for their operations…; Clients active in the Downstream Sector are also encouraged to get their operations certified." They state that "FSC and PEFC certifications are acceptable to Societe Generale."
        • Companies must be legally operated
          3.6/5.6
          • Commitment details
            Own operations - Require
            2/4
            Commitment details
            Own operations - Require
            2/4
            "Societe Generale requests its clients to comply with the E&S laws and regulations of each relevant country". 
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Societe Generale requests its clients to comply with the E&S laws and regulations of each relevant country". 
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Societe Generale requests its clients to comply with the E&S laws and regulations of each relevant country". 
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Societe Generale requests its clients to comply with the E&S laws and regulations of each relevant country". 
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Societe Generale requests its clients to comply with the E&S laws and regulations of each relevant country". 
        • Companies must protect priority forests or globally important landscapes
          7.5/9.6
          • Commitment details
            Primary/Intact/Natural/HCV/HCS - Require
            6/8
            Commitment details
            Primary/Intact/Natural/HCV/HCS - Require
            6/8
            Societe Generale's Forestry and Forest Products Sector Policy states that "[clients active in the Upstream Sector] are also expected to be engaged in a sustainability certification scheme for their operations…; Clients active in the Downstream Sector are also encouraged to get their operations certified." They state that "FSC and PEFC certifications are acceptable to Societe Generale."
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            Societe Generale's Forestry and Forest Products Sector Policy states that "[clients active in the Upstream Sector] are also expected to be engaged in a sustainability certification scheme for their operations…; Clients active in the Downstream Sector are also encouraged to get their operations certified." They state that "FSC and PEFC certifications are acceptable to Societe Generale."
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            Societe Generale's Forestry and Forest Products Sector Policy states that "[clients active in the Upstream Sector] are also expected to be engaged in a sustainability certification scheme for their operations…; Clients active in the Downstream Sector are also encouraged to get their operations certified." They state that "FSC and PEFC certifications are acceptable to Societe Generale."
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            Societe Generale's Forestry and Forest Products Sector Policy states that "[clients active in the Upstream Sector] are also expected to be engaged in a sustainability certification scheme for their operations…; Clients active in the Downstream Sector are also encouraged to get their operations certified." They state that "FSC and PEFC certifications are acceptable to Societe Generale." 
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers
            0.3/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers
            0.3/0.4
            Societe Generale's Forestry and Forest Products Sector Policy states that "[clients active in the Upstream Sector] are also expected to be engaged in a sustainability certification scheme for their operations…; Clients active in the Downstream Sector are also encouraged to get their operations certified." They state that "FSC and PEFC certifications are acceptable to Societe Generale."
        • Assurance mechanism to ensure compliance
          5.6/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Certification scheme (if applicable): FSC
            Verification method: Certification Scheme
            (Translation)"Clients active in the Upstream Sector[...] are also expected to be engaged in a sustainability certification scheme for their operations [and] Clients active in the Downstream Sector are also encouraged to get their operations certified". ”The Forest Stewardship Council (FSC) and the Programme for the Endorsement of Forest Certification schemes (PEFC) are both recognised as providing an adequate level of requirement on these aspects".
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            (Translation)"Clients active in the Upstream Sector[...] are also expected to be engaged in a sustainability certification scheme for their operations [and] Clients active in the Downstream Sector are also encouraged to get their operations certified". ”The Forest Stewardship Council (FSC) and the Programme for the Endorsement of Forest Certification schemes (PEFC) are both recognised as providing an adequate level of requirement on these aspects".
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            (Translation)"Clients active in the Upstream Sector[...] are also expected to be engaged in a sustainability certification scheme for their operations [and] Clients active in the Downstream Sector are also encouraged to get their operations certified". ”The Forest Stewardship Council (FSC) and the Programme for the Endorsement of Forest Certification schemes (PEFC) are both recognised as providing an adequate level of requirement on these aspects".
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            (Translation)"Clients active in the Upstream Sector[...] are also expected to be engaged in a sustainability certification scheme for their operations [and] Clients active in the Downstream Sector are also encouraged to get their operations certified". ”The Forest Stewardship Council (FSC) and the Programme for the Endorsement of Forest Certification schemes (PEFC) are both recognised as providing an adequate level of requirement on these aspects".
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            (Translation)"Clients active in the Upstream Sector[...] are also expected to be engaged in a sustainability certification scheme for their operations [and] Clients active in the Downstream Sector are also encouraged to get their operations certified". ”The Forest Stewardship Council (FSC) and the Programme for the Endorsement of Forest Certification schemes (PEFC) are both recognised as providing an adequate level of requirement on these aspects".
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            0
            0/0.4
        • Commitments must be timebound
          5.6/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Type of policy: FI allows specific time from onboarding to become compliant
            "Clients active in the Upstream Sector[...] are also expected to be engaged in a sustainability certification scheme for their operations. Recognizing that certification is a long and resource consuming process, Societe Generale is willing to support companies which are on a path towards certification if their efforts are documented and time-bound". 
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Clients active in the Upstream Sector[...] are also expected to be engaged in a sustainability certification scheme for their operations. Recognizing that certification is a long and resource consuming process, Societe Generale is willing to support companies which are on a path towards certification if their efforts are documented and time-bound". 
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Clients active in the Upstream Sector[...] are also expected to be engaged in a sustainability certification scheme for their operations. Recognizing that certification is a long and resource consuming process, Societe Generale is willing to support companies which are on a path towards certification if their efforts are documented and time-bound". 
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Clients active in the Upstream Sector[...] are also expected to be engaged in a sustainability certification scheme for their operations. Recognizing that certification is a long and resource consuming process, Societe Generale is willing to support companies which are on a path towards certification if their efforts are documented and time-bound". 
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Clients active in the Upstream Sector[...] are also expected to be engaged in a sustainability certification scheme for their operations. Recognizing that certification is a long and resource consuming process, Societe Generale is willing to support companies which are on a path towards certification if their efforts are documented and time-bound". 
      • Social Considerations
        0/22
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            0
            0/0.4
            Policy applies to all stages of the supply chain
            0
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            0
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            0
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            0
            0/0.4
  • Reporting & Implementation
    5/20
    • Policy is reviewed and updated
      3/5
      Policy review
      Commit to update policy - Timeline unclear
      3/5
      Societe Generale state that reviewing "mechanisms will allow for continuous improvement".
    • Companies must disclose subsidiaries in commodity supply chains
      0/5
    • Monitoring and non-compliance process
      0/5
    • Reporting on implementation of the policy
      3/5
      Reporting
      Yes - Less than Annually or ad hoc
      3/5
      30, client evaluations of E&S risk. 
      (Translation) "In the pilot phase, during the second semester of 2016, approximately 30 client evaluations were identified as presenting an E&S risk, carried out by E&S and Conformity dedicated teams [...]. This evaluation led, in certain cases, to a restrictive relationship and even refusal to enter into partnership.” 
  • Commitment strength
    23/42
    Avg. score
  • Social considerations
    1/22
    Avg. score

Profile

Société Génerale are a banking group headquartered in France that serves private, corporate and institutional clients. Their services span corporate finance, capital markets, insurance, wealth management, investments, securities and retail banking services. As of 2017, Société Génerale’s total assets amount to more than 1.3 trillion EUR, with more than 410 billion EUR worth of loans. Société Génerale are among the top 20 lenders to Forest 500 companies, with loans amounting to more than 20 billion USD across a broad range of forest risk sectors.

HQ
HQ 
France
Financial institution type
Financial institution type 
Asset management, Bank

How we assess the Forest 500

Investors and lenders need to adopt and implement strong deforestation policies that ensure their investments are not funding the destruction of forests.

All assessments use policies published on financial institution websites, some links may have changed or been removed since the time of assessment.

Disclaimer

This assessment has been carried out following the methodology developed for the Forest 500 project, available here. Please see our disclaimer applicable to all information contained within this site and our terms and conditions for use of data presented on this site.

All assessments use policies published on company and financial institution websites, and while we endeavor to keep them updated some links may have changed or been removed since the time of assessment.

Please contact us with any concerns or feedback about this or other assessments included in the Forest 500.