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Societe Generale: Financing a better future

Climate change, social inclusion, the development of emerging economies, the smart use of scarce resources are among the crucial challenges the whole world faces today, for a better future, for the legacy we will leave to the next generations.

Highly supportive of transitioning to a fairer & greener economy, Societe Generale stands by its clients to help them have a positive impact on society at large. Societe Generale is convinced that the financial sector is at the very heart of an essential shift to more sustainable development, based on a more inclusive and sustainable economy. 

This leading European Bank is a prime example of a company that is ideally positioned to make a difference. As one of the founding banks for the Principles for Responsible Banking, Societe Generale has been pioneering the “Positive Impact Finance” which calls for a new paradigm: turning Sustainable Development Goals into business opportunities for its clients by developing new financing solutions to bring about the sound and sustainable development of societies.

Economic development goes hand-in-hand with environmental and social progress, and by working hand in hand with large corporates, investors, creating and contributing to coalitions, Societe Generale has a significant influence on tomorrow’s solutions that will lead toward a more sustainable world. Their purpose is a clear illustration of this ambition: “Building together, with our clients, a better and sustainable future through responsible and innovative financial solutions.” It is not only a vision, but a clear commitment building their whole ethos around their actions.  

Putting meaning back into financing and investing is at the heart of what Societe Generale do. With a prime example of their role in shaping change being through their work in demonstrating the important role that banks have in establishing the Poseidon principles and facing the urgent issue of decarbonising the shipping industry. 

Again, Societe Generale’s social innovation work in Africa demonstrates their belief that a lot of investments need to be made not just within developed countries, but also within emerging countries and developing markets, in order to support local and sustainable economic development. Within the African community, they have worked on very important financing infrastructure in projects in Africa in energy, transport, telecoms networks, healthcare… And one of the latest illustrations of their commitment are the financing a hospital in Benin, and several projects in Cote d’Ivoire to transform water from a river to be clean and drinkable. 

Founded over 150 years ago, Societe Generale was created to promote the development of trade and industry, and to be a bank that promoted progress. Having long since been a pioneer of their industry, this company have always been proactive in their approach. Taking initiative to promote positive impact finance to work towards change has forever been etched within their DNA, with their innovative and responsible financial solutions continuing to ensure they point their corporate clients in a sustainable direction, and ultimately changing the world. 

Societe Generale’s teams are on the ground to help build a better future by developing innovative solutions, exploring new business models with its clients and contributing actively to various alliances and partnerships to make a valuable difference, and above all, give others more stimulation to act now.

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