Sustainable Global Transaction Banking Framework
Societe Generale paves the way for responsible global transaction banking (GTB), supporting its clients in their move toward a more sustainable and inclusive economy.
In the face of changing market expectations and the absence of established market standards for sustainable GTB solutions, corporates have increasingly been looking to quantify the impact of their transactions and fulfil corresponding reporting requirements. Societe Generale has thus developed a Sustainable GTB Framework to help its clients assess and monitor the environmental and social impacts of their day-to-day working capital, trade, and liquidity management.
Societe Generale’s Framework, one of the first dedicated to asset based GTB solutions, helps corporate treasurers to support their company’s transition by identifying:
Activities considered to have positive environmental and/or social impact,
Approaches for reporting the impact of these transactions,
Methods through which transaction banking can support these activities.
To find out more, read the press release.
You can also find the external review published by ISS-Corporate.