Societe Generale won "Best Commodity Trade Finance Bank" by Global Trade Review
Societe Generale won "Best Commodity Trade Finance Bank" by Global Trade Review in the GTR Leaders in Trade Awards 2020 which recognises the bank's expertise across commodities markets globally.
It is our great pleasure to announce that Societe Generale has been awarded the following accolade by Global Trade Review: "Best Commodity Trade Finance Bank"
Societe Generale has been named for the first time "Best Commodity Trade Finance Bank" in the GTR Leaders in Trade Awards 2020 which recognises the bank's expertise across commodities markets globally.
Global Trade Review is the world's leading news source for the global trade, commodity, export and supply chain finance industries.
This recognition is also supported by GTR's nominating of the following deals as "Best Deals" in which Societe Generale was involved:
Rusal sustainability-linked facility
Cocobod sustainability-linked facility
Cofco International sustainability-linked facilities
Bunge sustainability-linked facility
Yunlin Offshore Wind Project
Formosa 2 Offshore Wind Farm
The above "Best Deals" are testimony of Societe Generale commitment across Natural Ressources & Infrastructure Finance business lines to supporting the energy transition and responding to the challenges of climate change.
Global Trade Review acknowledged in particular our delivery of tailor-made solutions to support clients in meeting their ESG targets, notably through our inaugural debut in assisting soft commodity and metals clients to implement incentivizing mechanisms, linking the financing structure to the issuer's CSR achievements. The bank was also recognized for our support of producers of key minerals and metals in the transition to a low carbon economy such as the financing of bauxite out of Guinea to support the production of aluminium used in wind, solar and energy storage and lithium out of Australia used for batteries in electric vehicles.