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Societe Generale key milestones

Key Milestones

    • Societe Generale participates in the United Nations Environment Program Finance initiative (UNEP FI)
    • The Societe Generale ESG Research is created. The SRI/Sustainable development research team has steadily been ranked by Extel within the top 5 for over the last 10 years.
    • Societe Generale creates a dedicated team for renewable energy financing
    • Launch of a range of SRI indices supporting companies in sustainable development on water, photovoltaic, environment and alternative energy
    • Adoption of the Equator Principles
    • Launch by Lyxor of ESG thematic ETFs
    • Societe Generale supports Air Liquide, the 1st corporate in Europe to issue a SRI bond
    • A dedicated Positive Impact Finance team is created within Societe Generale
    • Societe Generale leads a working Group within ORSE (Observatoire de la Responsabilité Sociale des Entreprises) on Positive Impact
    • Societe Generale and ORSE release a methodological guidance on Positive Impact
    • 70% of the Group's new lending to the power generation sector goes to renewables
    • Societe Generale ranks in the world's top ten financers of renewable energies
    • Societe Generale announces the launch of the first socially responsible cash deposits for corporates
    • Lyxor signs to the Principles for Responsible Investment set out by the United Nations
    • Further to Societe Generale’s proposal, the UNEP FI Banking Commission launches the Positive Impact Initiative
    • Societe Generale issues its first Positive Impact Bond
    • Societe Generale and the European Investment Bank sign a framework guarantee agreement to support shipbuilding projects promoting sustainable transport and environmental protection
    • Societe Generale advises and finances almost all the offshore wind farms in Europe
    • Launch of Lyxor products with ESG integration (Lyxor Gari fund, socially responsible strategy)
    • Implementation of ESG & carbon rating Lyxor funds
    • Societe Generale stops dedicated coal financing and targets doubling its funding allocation for renewable energy client projects by 2020 (€ 10bn)
    • Lyxor launches the world's first ETF offering investors exposure to investment grade green bonds market
    • Lyxor launches Europe’s first Gender Equality ETF focusing on companies leading the field for gender equality
    • Societe Generale advises the Republic of France on executing the first euro-zone government green benchmark, which is also the largest green bond ever (EUR 7 billion)
    • Launch of the Positive Impact Finance principles with UNEP-FI
    • Societe Generale joins the UNEP-FI Banking Principles
    • Societe Generale is the first French bank joining the Climate Bond Initiative
    • Acquisition of Lumo, the pioneering renewable energy crowdfunding platform in France
    • Societe Generale accompanies ALD Automotive in its successful 1st issuance of a Positive Impact Bond to fund clean transportation & promote the transition to a low carbon future
    • Societe Generale becomes the first foreign bank to issue TWD denominated Positive Impact Bonds in Taiwan
    • Societe Generale is named Best French Bank in RobecoSAM’s CSR ranking
    • Lyxor joins the Climate Action 100+ initiative to open dialogue with companies on global climate change
    • Societe Generale is committed to raising €120 billion to the energy transition between 2019 and 2023, of which €100 billion of sustainable bonds issues and €20 billion dedicated to the renewable energy sector through advisory & financing.
    • Societe Generale further reduces its involvement in coal and will progressively reduce its exposure to the thermal coal sector to zero by 2030 at the latest for companies with thermal coal assets located in EU or OECD countries and by 2040, elsewhere.
    • Societe Generale issued a successful fifth Positive Impact covered bond of €1bn contributing to the financing of a carbon-efficient economy
    • Societe Generale signs Poseidon Principles promoting shipping industry decarbonisation
    • Societe Generale is one of the founding signatories of the Principles for Responsible Banking and Member of the Collective Commitment on Climate
    • Societe Generale is ranked 1st place worldwide on environmental topics and in 6th place in Europe for all ESG matters by RobecoSAM
    • Societe Generale launches with Epic “Hedge to pledge”, a new solidarity financing initiative based on the round-up of foreign exchange transactions
    • Societe Generale Corporate & Investment Banking places ESG at the heart of its equity research
    • Societe Generale supports one of the largest drinkable water plants in West Africa
    • Societe Generale and Mariner investment group complete a $3.4bn impact investment risk transfer transaction