Focus on our sustainable sourcing practices

The Sourcing network is a major player in the CSR strategy of the Societe Generale Group, carrying its values and working to ensure that its Environmental and Social commitments are achieved. Initiated as of 2006, the sustainable sourcing policy of the Group materializes through long-term actions plans involving all the stakeholders of the value chain (requestors, buyers and suppliers).

Recognition of our commitments and our approach to responsible sourcing

Recognition of our commitments and our approach to responsible sourcing

Since 2007, Societe Generale has been strengthening its approach to responsible purchasing every year. Through the signing of charters, pacts, the Group commits itself.

Discover the key dates of our purchasing policy

Our responsible sourcing actions plan: the 2018 Positive Sourcing Program

For the practices of the Group to remain a reference in sustainable purchasing, a 2016-2018 actions plan was implemented. This fourth actions plan was developed taking into account the feedbacks of over 700 partners and suppliers and is based on the expertise gained by the Group over the past 10 years.

Carrying the values of the Group and in line with the Culture & Conduct programme and with its Environmental and Social commitments, the 2018 Positive Sourcing Program is based on virtuous sourcing practices which must be followed to achieve the objectives set for 2018. It has two goals:

  • Improving CSR risk management during the sourcing process;
  • Increasing sourcing diversity while contributing to improving the territorial and environmental footprint of the Group.

The operational implementation of the Positive Sourcing Program is in progress in France and internationally. This plan follows the implementation of the internal instruction "Conducting Responsible Sourcing" appended to the Global agreement on fundamental rights signed in June 2015 with UNI Global Union, showing the Group's intent to implement it across all Group entities.

CSR risk management during the sourcing process

Over the years, Societe Generale's practices related to the consideration for environmental and social aspects developed to form a base of virtuous practices. The goal is to strengthen these practices and make them automatic, to mitigate the CSR risks in the sourcing processes of the Group:

CSR risk management during the sourcing process

Managing risks in our sourcing processes

As part of the 2018 Positive Sourcing Program and in line with the CSR strategy of the Group, three priorities were defined:

Priority 1: Contributing to the growth of SMES and micro-entreprises
SME's are major players in the French economy. Societe Generale intends to facilitate these companies' access to the Group's deals and establishes mutual trust with all its suppliers. The plan is to increase by 20% the 2015 spending with SMEs and Micro enterprises within the end of 2018.


Societe Generale, the first bank to sign the SME Pact in 2007, continues to strengthen its commitment to innovating SME's. Several actions are taken within the Group: including calls for expertise, sponsorship, win-win partnerships  and the Supplier Survey. The Supplier Survey is an annual evaluation of the quality of Societe Generale's relations with its SME suppliers. In 2017, Société Générale kept strengthening its commitment to innovating SMEs, holding a first SME Sourcing Forum with about sixty SMEs.

More than 30% of the Group's purchasing is made every year with French micro-enterprises and SMEs. Thereby facilitating access to the deals of the Group, Societe Generale contributes to developing the regional economy, within a framework of mutual trust with all its suppliers

 

 

Priority 2: Establishing ourselves as the leading partner of the social economy sector
The plan is to double the 2015 spending with suppliers from the social economy sector within the end of 2018. Close collaboration between the Mission Handicap unit of the Group and the Sourcing Division ensures that, whenever it is possible, the supported employment sector is included in the supplier sourcing process. In addition to the increased involvement with the sheltered sector, the Positive Sourcing Program extends the scope of action to partnerships with "social integration" companies and other players of the Social Economy Sector.


For example, a project was initiated to increase the use of social businesses to provide us with IT services. The goal of this initiative is twofold: to support the social business in professionalizing its IT network, and to increase the use of these suppliers in strategic activities for the bank in relation to the digital transition which represents a significant spending volume for Societe Generale. The project should enable Societe Generale to maintain, or even increase, its expenditure with the supported employment sector.

 


Priority 3: Contributing to the corporate climate target set for 2020
The Group is engaged in the energy transition and circular economy with the goal of reducing by 25% its emissions of CO2 per employee within 2020 (in relation to 2014), making the fight against climate change a major focus of its environmental policy. For Societe Generale itself, it materializes in the development of Green IT, the improvement of the energy performance of buildings and the improvement of the environmental performances of all the products and services purchased by the Group.


The goal is to always look for innovating products and services with environmental added value based on the analysis of the environmental impacts (CO2 emissions and environmental efficiency).
This new action plan is part of an ongoing progress approach.
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SUPPLIERS' VOICES

Robert Tran Van Lieu, Associate Director, Eva Group

“The acceleration of the growth of Eva Group was allowed thanks to Societe Generale, already in Asia and Hong Kong then in France, over three years ago now. Right now, we all need to constantly adjust the value offering, combining acute technical expertise and advisory in the fields of cyber security, network infrastructures and software development, to best help our international clients in their digital revolution. For a SME like EVA group to grow you need a sustainable partnership with Societe Generale but also a joint CSR approach where values are shared, such as professionalism, attention to customers and employees, commitment, integrity and a vision that promotes entrepreneurial spirit combining human resources, an agile organisation and innovating technologies. In the future, we will grow together, take up challenges whether in our good or bad times, all the while ensuring profitable growth, consistent with our common values. Our subsidiaries, BSSI in cyber security, Siclo in software development in Vietnam and the creation of an entity in Dakar, Senegal should enable us to achieve this goal.”


Robert TRAN VAN LIEU, Associate Director, Eva Group, April 2017

Daniel Leoni, Head of Quality, Safety, Sustainable Development, Lyreco

“As a leader of work environment solutions, Lyreco implemented a CSR strategy that is based on the intent to be a company where sustainability is an everyday concern, at all levels, for all decisions. In addition to our in-house actions to improve our Sustainable Development policy, we encourage our suppliers and clients to do the same and we help them in the process. Societe Generale, a key client of Lyreco, regularly contacts us for the implementation of new projects; their CSR requirements enrich our respective approaches and ensure continuous progress for our two businesses in this area. That is how in 2016, good environmental performances were achieved: virtually all papers ordered from Lyreco are recycled, more than two of three writing products are "green" pens and 35% of IT cartridges ordered are remanufactured cartridges. It is the result of a joint effort in perpetual evolution.”



Daniel LEONI, Head of Quality, Safety, Sustainable Development, Lyreco, April 2017

In the event of a dispute, you can contact the internal Mediator free of charge
at the following address:

Société Générale
Médiateur interne des relations Inter-Entreprises
SEGL/DIR
Tours Société Générale
75886 Paris Cedex 18