As a committed and responsible partner in tackling today's climate challenges, Societe Generale offers a comprehensive range of finance and advisory services for energy projects around the world. The Group has been active in the renewable energy for over a decade, taking a pioneering role in the funding of renewables, supporting innovative start-ups as well as financing large-scale projects. Today, as one of the world's top ten financers of renewable energies, we remain more committed than ever to accompanying the development of all industry players. Societe Generale is also the world leader in Liquefied Natural Gas, an energy source helping the shift towards a lower carbon economy and which, according to the International Energy Agency (IEA), will play a growing role in meeting the world's energy needs. Discover our commitments and some of the financing solutions we realised for our clients.
Societe Generale reinforces its commitments to building a more sustainable future
Societe Generale is a Founding Signatory of the Principles for Responsible Banking and joins the Collective Commitment on Climate. As a demonstration of this commitment, the Group is making a new commitment of raising €120 billion for the energy transition between 2019 and 2023, of which €100 billion in sustainable bonds issues and €20 billion dedicated to the renewable energy sector through advisory and financing.
Marubeni harnesses sun and wind to power a lower-carbon future in Asia
Marubeni sponsored two first-of-a-kind renewable energy projects, including an offshore windfarm in Japan and a floating solar project in Taiwan, expanding its renewable energy generation business and contributing to energy transition in the region. Societe Generale has been working alongside Marubeni on these two pioneering projects.
Better integration of renewable energies in the energy mix
Germany: development of underground water sources to ecologically power 14,000 households in Bavaria. Societe Generale brings a unique financing to a pioneering geothermal energy project in Bavaria, Germany for STRABAG SE and RAG Austria AG.
Siemens Gamesa uses green finance to combat climate change
Siemens Gamesa Renewable Energy (SGRE), leading supplier of wind power solutions, includes its commitment to sustainability and combating climate change in every step it takes, including its funding strategy. Societe Generale recently acted as fronting and issuing bank of a €230 million "green" guarantee facility for SGRE to use for eligible projects that both benefit the environment and are socially responsible.
Focus on sustainable initiatives supported by Societe Generale Equipment Finance
The Corporate & Social Responsibility is at the heart of the strategy of Societe Generale group and the development of its activities. As part of its CSR policy, Societe Generale Equipment Finance (SGEF) has been supporting sustainable initiatives for several years in order to contribute to improving the environmental impact in the real economy.
Societe Generale signs the Poseidon Principles
Societe Generale is one of the founding signatories to the Poseidon Principles, in partnership with the Global Maritime Forum and in line with a significant number of the shipping industry’s leading banks.
EDP steps up renewable energy
Energias de Portugal Group (EDP), Portugal’s largest utility provider, reaffirmed its commitment to the environment with the issuance in September of their third green bond.
Societe Generale played an important role in this successful bond issuance and acted as Joint Bookrunner of the operation.
Enel electrifies sustainability market with inaugural green-linked bond and swap
Societe Génerale supported Enel, the leading Italian energy company, in raising US$1.5bn for sustainable development from an innovative “green”bond that breaks new ground for environmental financing.
Making green transport possible in Liège
The inhabitants of Liège in Belgium will benefit from greener transport thanks to the public-private partnership signed last January between OTW, the Walloon transport operator, and Tram’Ardent for the construction of the first tramway line in the city.
Another successful Green Bond!
ACS, a global leader in infrastructure, launched its first Green Bond for €750 million. The construction and services group launched the bond through ACS SCE, the industrial services arm of the ACS Group specialised in green projects. While the infrastructure group reaffirms its commitment to reduce climate change with this Green Bond issue, Societe Generale, as global coordinating bank of the issuance, once again shows its expertise in the field of sustainable finance.
Heading towards more positive impact funding
Bonds and transactions
‘Positive Impact Finance’ aims to define a common methodology for all actors in the financial sector, allowing the identification of projects with a positive impact on at least one of the three key elements of Sustainable Development – the environment, society and economic development – and whose negative impacts are managed in an effective manner.
Find out more about Positive Impact Finance
Societe Generale becomes the first foreign bank to issue TWD denominated Positive Impact Bonds in Taiwan
Success of the second positive impact bond issuance of Societe Generale contributing to the fight against climate change
Success of the first positive impact bond issuance contributing to the financing of a low-carbon economy
The City of Paris launches its inaugural Climate bond
Ald successfully issues first ever positive impact bond to finance green fleet
The fintech Lumo joins Societe Generale
Lumo is a French fintech that since 2012 has been combining leading expertise in crowdfunding and renewable energies to accelerate the energy transition. It gives individuals and companies the opportunity to help finance a selection of renewable energy projects in France.
Financing sustainable transport
ADIF Alta Velocidad, the state owned public corporation responsible for Spain's highspeed rail network, has successfully launched its second €600 million Green Bond, with Societe Generale playing an important role in the issuance and acting as joint bookrunner of the operation. The transaction demonstrates the company's commitment to clean transportation and energy efficiency by allocating the proceeds of the transaction to investments in new rail lines and rail lines extensions. ADIF AV will also promote sustainable transport investing in the maintenance, upgrades and energy efficiency of the rail system.
Waste-to-energy: a greener environment for local communities
Through its expertise in environmental financing, Societe Generale is supporting waste-to-energy plants with tangible benefits for local communities. Societe Generale is helping to finance a series of waste-to-energy plants in France and beyond that are not only addressing the waste treatment issue, but also generating energy and significantly improving the environment for local communities.
Generating windpower for thousands of European households
At the heart of its commitment to financing renewable energy, Societe Generale supports major windfarm projects in Europe. Societe Generale will continue to explore opportunities around windfarms and renewable energy following successful involvement in several high-profile projects in the space for the benefit of hundreds of thousands of households
FOR MORE INFORMATION
Societe Generale has a proactive and responsible policy to assist customers in their energy transition by accelerating support for renewable energies, while at the same time gradually reducing our financing of carbon energies activities.