03 November 2025
We are proud to announce that SNCF SA, the holding company of SNCF Group, and its two sustainable commercial paper programmes — the Green NEU CP and Green Euro CP — are now featured on the ESG CP Transparency Monitor.
This step marks an important milestone for EMMI's ESG CP Transparency Monitor. It's also a significant moment for SNCF Group’s journey toward 100% sustainable financing and reflects its ongoing commitment to the energy transition.
SNCF SA has already established itself as a leader in green and sustainable finance. The Group’s Green Euro CP and Green NEU CP programmes enable short-term financing that supports projects aligned with SNCF’s sustainability strategy — helping reduce environmental impact and promote low-carbon mobility.
Now, by joining the EMMI's ESG CP Transparency Monitor, SNCF is taking its transparency one step further. This initiative reinforces trust and strengthens the Group’s governance in green finance, while providing greater visibility into its environmental and social commitments.
“The integration of the ESG Transparency Monitor would allow SNCF to significantly support its transparency and governance in green commercial papers issuances. This tool will increase SNCF’s ESG credibility with investors.”