At the fifth award ceremony for the “Environmental Efficiency Prize” , Societe Generale celebrated the gathering momentum behind its “internal carbon tax” system, which now serves as a benchmark for other large corporate groups.

Established in 2007, this programme has expanded over the years and relies on an innovative dual-incentive scheme. Each year, a carbon tax is collected from Group entities based on their emissions and then is redistributed to reward the best internal environmental efficiency initiatives by means of a contest.

Over the last five years, this system has had remarkable success. The growing participation of our employees, the emergence of new initiatives and the environmental benefits are all evidence that green actions are an opportunity for the bank to create value, innovate and generate savings.

Under Chad's extreme climatic, economic and politic conditions, Société Générale Tchad built two annex buildings. This real-estate project is exemplary regarding both environmental and functional efficiency and architectural beauty.

Nineteen Societe Generale office buildings in the Ile-de-France region have been ISO 50001 certified. This is a strong sign of the Group's commitment to reducing energy consumption in its buildings, making Societe Generale the first bank to be certified in Europe.