Societe Generale Group conducts its business with respect for fundamentals rights of workers, humans and environment – wherever in the world.
Corporate responsivility in all its dimensions – economic, social and environmental – it was for many years an integral part of the way we work, as bankers.
Governance and management
It fully complies with the obligations of Grenelle Law 2 of france governing the appointment of national companies to the environment, including those relating to Article 225, which requires companies to report on social and environmental consequences of their activities, and Article 75, which requires them to conduct an inventory (GHG) emissions of greenhouse gas. From 2011, the Group published its Environmental and Social (E&S) the general guidelines that apply to all its activities and are based on initiatives that joined between 2001 and 2007.
CSR management at Societe Generale is an integral part of the Group’s organization and is implemented by various features and structures at different levels (governance, compliance and internal control functions, risk committees, new product committees, internal regulations, Code of Conduct, Charter Audit, tax Condcut Code, etc).
The Development Division Sustainable and CSR under the supervision of the Management Secretary via Corporate Group, is responsible for defining and promoting CSR policies across the Group, together with the lines of business and corporate divisions. The Executive Committee defines the general lines of the Group’s CSR policy and periodically validates its implementation.
To this end, the commission implemented a reporting system in 2005 to track progress on our CSR policy using five categories of indicators:
- Governance indicators: governance, ethics, compliance, risk culture, etc. - Corporate indicators: social and environmental evaluation of counterparties / projects, product innovation for sustainable development, customer satisfaction, contribution to local development, etc. - Social indicators: employment, career and skills management, compensation, working hours, internal dialogue, health, safety, etc. - Environmental indicators: environmental management system, environmental awareness, water and energy consumption, transport, paper, waste, etc. sponsorship indicators.