Societe Generale named The World’s Best Bank for ESG by Euromoney

Societe Generale has been awarded The World’s Best Bank for ESG at the Euromoney Awards for Excellence 2025, an international recognition that acknowledges the Group’s strategy to accelerate the environmental and social transition. The bank was also named Europe’s Best Bank for ESG, France’s Best Bank for ESG and Europe’s Best ESG Deal, confirming the strength and consistency of its action across the board.

© Euromoney - From left to right, between Euromoney representatives: Allan BAKER, Eric BONNIN, Chloe GIROD, Hacina PY and Zvi WOHLGEMUTH

These awards reflect a structured, ambitious approach that is already delivering tangible results. Societe Generale has already met its target of a 50% reduction in upstream oil and gas exposure, one year ahead of the 2025 deadline. More broadly, the bank has set decarbonisation targets for 10 high-emitting sectors, based on science-aligned trajectories that are compatible with the Paris Agreement.

To support the economy through this transformation, Societe Generale has raised its sustainable finance ambition, announcing a new target of €500 billion between 2024 and 2030. These financings will primarily support projects in low-carbon energy, sustainable mobility, and responsible real estate.

The bank is also developing a range of innovative solutions, leveraging strong sectoral expertise and strategic partnerships. For instance, it is partnering with the IFC (International Finance Corporation) to strengthen sustainable development projects in emerging markets.

Beyond climate, Societe Generale has expanded the scope of its ESG strategy to include new impact areas, with dedicated action plans on biodiversity, sustainable water management, and the circular economy.

This transformation is driven by a collective momentum. Employees have been trained on ESG issues and are supported by a network of internal facilitators deployed across all Group entities. This human commitment is also underpinned by a strong social ambition, placing inclusion, diversity, and skills development at the heart of the Group’s purpose. Through its corporate Foundation, the Group also supports The Ocean Cleanup initiative to combat plastic pollution in rivers and oceans.

These awards recognise the commitment of a bank in motion, placing sustainability at the heart of its business and culture, with the conviction that finance must be a driver of transformation towards a fairer and more responsible future.