Societe Generale awarded Best Investment Bank in Sustainable Financing for the third time in a row
Societe Generale is awarded “Best Investment Bank in Sustainable Financing” by Global Finance, for the third year in a row.
Societe Generale received the prestigious “Best Investment Bank in Sustainable Financing” award for 2024 from Global Finance, for the third year in a row.
Global Finance is a 37 year-financial magazine and a reference media for the publication of record for financial industry awards, rankings and recognition programs.
This new award illustrates once again the strength and quality of Societe Generale’s ESG expertise and strong commitments to support our clients in their sustainability journey across a large spectrum of innovative solutions.
Global Finance’s quote: “In 2023, the global leader of sustainable financing, Societe Generale, supported key projects across all green energy sources, such as solar, wind, geothermal, and hydropower, with a particular focus on developing the first two. These make up roughly 95% of the bank’s financial commitments in renewable energy. One of Societe Generale’s top accomplishments in the year is the bank’s key part in the first closing of the Afrigreen debt impact fund to boost solar energy in Africa, raising €87.5 million (about $95 million) toward the fund’s €100 million target. The French powerhouse also acted as a leading adviser in crucial deals for the industry, such as the Net Zero Teesside partnership with Northern Endurance to create the UK’s first decarbonized industrial cluster. Societe Generale also arranged financing of 4.4 billion euros for Poland’s first offshore wind farm. And the bank focused on the “S” part of ESG with the structuring of the world’s first corporate-backed development impact bond issued by Unilever and the SDG Outcomes Fund to foster development in Nigeria.”
Congratulations to all the teams involved for their continued efforts to create positive impact and to build together with our clients a more sustainable future!