Societe Generale awarded Lead manager of the year, sustainability-linked bonds

Societe Generale is awarded Lead manager of the year, sustainability-linked bonds within the Sustainable Debt Awards 2024 programme from Environmental Finance.

Environmental Finance’s Sustainable Debt Awards celebrate the leading green, social, sustainable and sustainability-linked bond and loan deals and recognise market innovations. They seek to highlight those that excel, innovate and contribute to the successful development of the market.

This 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.

Environmental Finance’s quote: "In a year where the market experienced declining volumes, Societe Generale was able to increase its sustainability-linked bond (SLB) market share. Last September, Societe Generale announced a new strategic plan with new decarbonisation targets across all its activities, in which SLBs would play an essential role in order to achieve them. 
Having been the ESG structuring advisor and active bookrunner to Swiss building materials and aggregates company Holcim's 2020 SLB, Societe Generale was last year mandated to expand Holcim's previous SLB-only framework to be a combined sustainability-linked and green framework.
In transport, Societe Generale was lead manager on SLBs issued by Heathrow Airport, Air-France KLM, Aeroporti di Roma and Autostrade per I'talia.
SLBs Societe Generale worked on were not limited to just targeting carbon emissions. Noting that gender equality key performance indicators (KPI) are underrepresented in SLB issuances, Societe Generale was lead manager for a Republic of Chile bond that was the first to include a gender quality KPI in a sovereign SLB. The issue also had greenhouse gas (GHG) emissions targets.

'We are proud to contribute to the sustainability journeys of our clients by advising and assisting them in embedding best market practices in their sustainable financing instruments, including sustainability-linked bonds,' said Stéphane Marciel, Head of sustainable bonds, debt capital markets at Societe Generale.

'Societe Generale has demonstrated industry and SDG diversification as well as having secured a number of landmark transactions,' said one Sustainable Debt Awards judge."

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!
 

Read Environmental Finance's release on the winners