2020 Strategic and Financial Plan
On 28 November, Societe Generale presented its 2020 Strategic and Financial Plan at an Investor Day held in Paris. Commenting on the plan, Societe Generale Chief Executive Officer, Frédéric Oudéa said: “Our 2020 strategic plan, Transform to Grow, is based on a long-term vision of Societe Generale group as a trusted partner for our clients, committed to the positive transformations of our societies and economies. Our ambition is therefore to generate superior, profitable and sustainable growth. In a European banking sector undergoing radical industrial change, the Group is ready to enter into a new phase of its development and transformation.”
Strengthening our commitments against climate change
"In a responsible manner, and with the will to reinforce our commitment, we have decided to take strong new measures in favour of a less carbon-intensive economy, with on one hand the objective to contribute to raising €100 billion in financing for the energy transition by 2020 and, on the other hand, the strengthening of our sectoral Environmental and Social Oil and Gas policy, " announced Frédéric Oudéa, Chief Executive Officer of Societe Generale.
First 'Green' financing in the maritime transport sector
The European Investment Bank, Societe Generale and Brittany Ferries successfully signed the first green financing in the Green Shipping Guarantee programme. With the acquisition of its new ship "Honfleur", Brittany Ferries confirms its momentum to develop Liquefied Natural Gas, currently the cleanest fuel source, thus contributing to a significant improvement in the environmental performance of its fleet.
Cybersecurity: Innovation through openness
Thierry Olivier, Societe Generale group's Chief Information Security Officer, explains the challenges presented by cybersecurity for all companies and how the Group is innovating and working with the top experts: "Security is the hallmark of our customer’s trust. "
What is Positive Impact Finance?
Former UN Secretary-General Ban Ki-moon displayed genuine emotion during his 2011 speech to the General Assembly. He listed the challenges facing the planet, warning of the rising pressures on land, energy, and food. He spoke of villagers in Kiribati who told him of their fears of climate change causing the sea to sweep into the ocean. A terrified young girl asked him what would become of her.
1st corporate green bond ever in Germany
Wind energy has become one of the leading choices for green and environmentally friendly electricity generating capacity over the years and currently covers more than 10% of EU's electricity demand. The growth depends on onshore (wind power stations on land) and offshore (wind turbines in the open sea) wind farms. Especially offshore wind farms have gained traction, as they have become increasingly accepted by the public and the wind yield is higher, since winds are stronger and more consistent in the open sea.
Latest press releases
Appointments within Societe Generale Corporate & Investment Banking’s markets activities
Societe Generale Corporate & Investment Banking (SG CIB) announces the following appointments within its Global Markets division. These appointments will be effective from 1 January 2018.
New financing under the Juncker Plan
The European Investment Bank, Societe Generale and Brittany Ferries successfully sign first green financing in the maritime transport sector