Société Générale has introduced a new automated energy-data management system across its global real estate portfolio, aiming to accelerate emissions reduction and strengthen compliance with Europe’s Corporate Sustainability Reporting Directive (CSRD). The bank announced that energy use from its buildings accounts for nearly half of its overall carbon footprint, making improved data accuracy a central pillar of its climate strategy.
The rollout spans around 30 countries and replaces manual data-entry processes with real-time automated collection and transmission of energy-consumption data. The bank says the system will enable more frequent monitoring, support faster decision-making, and help identify opportunities to further cut emissions.
Société Générale has committed to reducing its emissions by 50% between 2019 and 2030. It reported “drastic” progress in 2024 compared with its 2019 baseline but noted that continued improvement in data quality is essential for maintaining momentum.
The initiative is being jointly implemented by the Group’s Real Estate and IT teams, while local entities will retain responsibility for monitoring energy performance, reinforcing accountability at the operational level.
The bank said digital tools such as automated data systems will play an increasingly important role in advancing its decarbonisation agenda, helping reduce both environmental impact and energy-related operating costs across its properties.