Societe Generale and IFC, a member of the World Bank Group, have signed a Collaboration Framework Agreement to accelerate on sustainable finance in developing countries, as part of both institutions’ shared ambition to contribute to the UN Sustainable Development Goals (SDGs) and strong commitment to the environmental transition and sustainability. As part of this agreement, the two institutions aim to further develop wide-ranging financing solutions such as project co-financings or risk sharing agreements, contributing to private sector mobilization in support of the climate transition. In particular, the agreement will support…
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Six Global Financial Institutions Chart a Flight Path to Decarbonizing Aviation
Six top lenders to the aviation sector — Bank of America, BNP Paribas, Citi, Crédit Agricole CIB, Societe Generale and Standard Chartered — have announced that they will partner with RMI’s Center for Climate-Aligned Finance to help decarbonize the aviation sector through the formation of the Aviation Climate-Aligned Finance Working Group. The Working Group aspires to create a collective climate-aligned finance (CAF) framework that defines common goals for action for aviation sector decarbonization. The CAF framework is a commitment by participating financial institutions to annually assess and disclose, consistent with…
Read MoreSociete Generale launches 3-year charity partnership with Shelter
European financial services group Societe Generale has announced a three-year fundraising charity partnership with Shelter to support the GROW (Getting Real Opportunities of Work) traineeship programme. This staff-selected strategic charity partnership is an integral part of Societe Generale’s corporate social responsibility programme (CSR) across the UK. By supporting the GROW programme, Societe Generale will fund fifteen 12-month paid work placements for people who have overcome the hardship of homelessness, and now want to help others to do the same. Through mentoring and specialist housing advice, these trainees will help other…
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