The European Sustainable Development Week 2017
The European Sustainable Development Week is observed every year throughout Europe; in France, it is organised by the Ministry of Ecological Transition and Solidarity, and will take place from 30 May to 5 June 2017. It is an opportunity for Societe Generale to highlight its initiatives, objectives and achievements in support of a greener and more inclusive economy. The Bank’s objective is to actively and innovatively contribute to responsible financing. Societe Generale aims to be the relationship-focused bank, a reference in its markets, close to its customers and chosen for the quality and commitment of its teams.
Sylvie Préa Director of Corporate Social Responsibility
“Societe Generale’s ambition is to be a major financial player in terms of Corporate Social Responsibility (CSR). Since 2016, we no longer finance new coal-fired power plants; we have also committed to doubling our financing of renewable energies and have earmarked a budget of up to €10 billion to finance this sector by 2020.”
Financing an inclusive economy
Societe Generale is a pioneer and a driving force, in France and abroad, in the development of positive-impact finance for the three pillars of sustainable development: the environment, society and the economy. In particular, the Bank has actively worked to prepare for the COP 21 conference and is stepping up its commitments to a greener and more inclusive economy.
Our commitments to the climate
Societe Generale is actively committed to supporting the energy transition: stopping financing of new coal-fired power plants, scaling back outstanding loans to the coal industry, financing renewable energies, etc. In 2016, Societe Generale maintained its position among financial institutions as one of the world leaders of the energy transition.
Diversity and performance
Societe Generale is developing an active policy in favour of diversity, notably in terms of gender parity. In 2016, we signed the UN Global Pact’s Women’s Empowerment Principles to promote gender equality; in the following year, we actively participated in International Women’s Day and its theme, “Women in the Changing World of Work: a 50-50 Planet by 2030". Discover our initiatives around this issue and our employees’ insights on the role of women in a changing world of work.