Building on our historical skills in environmental and social risk management, structured finance and capital markets, we have developed an expertise that is essential for meeting the increasing demand of our clients for financial solutions that match their sustainability agenda.
We help our clients address their ambitions by developing new financial solutions that will contribute to achieve the 17 UN Sustainable Development Goals.
With a global presence and acknowledged energy sector expertise, Societe Generale is also fast becoming a leader in renewable energy (solar, wind and biomass energy, etc.). We have more than doubled our funding to renewable energy projects in less than two years, reaching up to EUR 15 billion in 2018, and we are committed to do more.
As an innovative way to value our client’s sustainability performance, Societe Generale has developed an Impact Loan offer, linking the financing structure to the client’s achievements in terms of corporate and social responsibility (CSR) targets.
Defined on a case by case basis, the targets are discussed with our clients and supported by an incentivized mechanism. With this tailormade structured offer, Societe Generale intends to work with its clients towards their sustainability ambition and CSR achievements.
Green, social and Positive Impact bonds
Societe Generale’s unique platform combines our longstanding environmental, social and impact structuring expertise with our leading debt capital markets structuring and distribution platform.
Following the successful issuance of two EUR 500 million Positive Impact bonds by Societe Generale in 2015 and 2016, ALD Automotive, a leading global player in fleet management & mobility solutions, issued in October 2018 its inaugural EUR 500 million Positive Impact Bond. In order for the bond to qualify as having a Positive Impact, ALD Automotive developed a life-cycle-assessment approach based on robust and transparent impact measurement of the fleet at all stages of the life of the vehicles.
Societe Generale continuously accompanies its clients in the sustainable bond market, and more than ever since 2016 with the lead management of over 50 green, social and sustainability bonds amounting to a total exceeding EUR 46 billion equivalent.
In addition, Societe Generale acted as structuring advisor for highly visible inaugural green and social bonds for key clients in all asset classes – corporates, financial institutions, SSA – in Europe and Asia, highlighting the bank’s strong advisory capabilities in the sustainable and positive impact finance field.
In a drive to support the further development of the sustainable bond market globally, Societe Generale is taking an active part in several initiatives, such as being a member of the ICMA Green and Social Bond Principles and being the first French bank joining in 2018 the Climate Bond Initiative’s Partnership Programme
Partnerships with supranationals, multilaterals and development finance institutions (MDFIs)
We develop partnerships with multilaterals and development finance institutions through co-financing, co-investment and risk-sharing deals, including:
- Projects in the commodity sector or commodity trade finance programs, infrastructure projects in Western Europe and emerging countries, Positive Impact Financing in emerging countries;
- Originate-to-distribute transactions, with multilaterals and development finance institutions acting as investors in the whole range of securities, from debt to mezzanine and equity.
Working with manufacturers, energy service companies, installers and specialist financial intermediaries, we fund their customers’ investments in clean and/or renewable energy technologies in a cost-effective way.
In June 2018, Societe Generale joined the “Smart Cities Accelerator Program” launched by NetExplo, in the frame of the Group’s Sustainable Cities Initiative, which aims to develop solutions for smart & sustainable cities, in all our markets