assemblée générale de société générale l'expansion sans fin du pétrole et du gaz

Reclaim Finance criticizes Société Générale for continuing to finance fossil fuel expansion despite its 2050 net-zero commitment. The organization highlights loopholes in the bank's policies that allow continued support for conventional oil and gas, shale oil and gas, liquefied natural gas (LNG) infrastructure, and coal mining through diversified companies.

• Société Générale provided $34 billion to the 100 companies most active in fossil fuel development, and its 2022 policy updates are viewed as failing to change the bank's trajectory.
• The bank's policies allow it to continue financing conventional oil and gas projects because exclusions only apply to certain non-conventional fields and infrastructures on part of the value chain.
• Despite pledges to exit shale oil and gas by 2023, Société Générale remains a significant supporter of ExxonMobil and Chevron, as its policy only excludes companies where non-conventionals exceed 30% of activity.
• Société Générale is the 7th largest banking supporter globally of the 30 most active LNG companies and maintains involvement in the Mozambique LNG project and potential US projects Rio Grande LNG and Driftwood LNG.
• The bank provided $864 million in financial support in 2021 to mining companies EPH, RWE, and Glencore, despite these companies exceeding the bank's 10 Mt annual coal production exclusion threshold.

APA

admin (2022). assemblée générale de société générale l'expansion sans fin du pétrole et du gaz. Reclaim Finance. https://reclaimfinance.org/site/2022/05/16/assemblee-generale-de-societe-generale-lexpansion-sans-fin-du-petrole-et-du-gaz/

Chicago

admin. assemblée générale de société générale l'expansion sans fin du pétrole et du gaz. Reclaim Finance, 2022. https://reclaimfinance.org/site/2022/05/16/assemblee-generale-de-societe-generale-lexpansion-sans-fin-du-petrole-et-du-gaz/.

Wikipedia

{{cite press release |last1=admin |title=assemblée générale de société générale l'expansion sans fin du pétrole et du gaz |publisher=Reclaim Finance |date=16 May 2022 |url=https://reclaimfinance.org/site/2022/05/16/assemblee-generale-de-societe-generale-lexpansion-sans-fin-du-petrole-et-du-gaz/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{admin2022assemble, author = {admin}, title = {{assemblée générale de société générale l'expansion sans fin du pétrole et du gaz}}, publisher = {Reclaim Finance}, year = {2022}, month = may, url = {https://reclaimfinance.org/site/2022/05/16/assemblee-generale-de-societe-generale-lexpansion-sans-fin-du-petrole-et-du-gaz/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }