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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 o’ering 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