WHOLESALE SOLUTIONSTO HELP YOU DIVE
INTO THE TRANSITIONTOWARDS A MORESUSTAINABLE FUTURE

BE PART OF THE WAVE
OF CHANGE
Our corporate purpose isn’t just an ambition. “Building
together, with our clients, a better and sustainable
future through responsible and innovative financial
solutions” is what drives us every day in our decision
making. It is also what motivates us in taking anactive part in the transformation of your business,
continuing to leverage innovation, support emerging
leaders and create bespoke solutions that you need.
To create the future we hope for, all of us must
rethink our impact. And as the world’s best bank fortransition strategy in 2022 and 2023 by Euromoney,
we are well positioned to help you achieve yoursustainability goals with positive impact embedded
in our advisory, financing and investment solutions.

With over 20 years of thought leadership andinnovation from our expert teams that neverstop in the face of challenge, you can counton us for your sustainability journey.

Every great ambition for a moresustainable future needs an innovative
sustainable finance response.
Let us bring your projects to life.

(1) World’s Best Bank Transition Strategy Awardfor the 2nd year in a row. Euromoney 2023

2

HOW DO WE SUPPORTTHE TRANSITION TOWARDSA MORE SUSTAINABLE FUTURE?

Sustainable Finance is at the heart of our strategy and offering.
You can leverage Societe Generale’s long-standing experience and in-depth environmental and social expertise,
across the full spectrum of our investment and financing solutions.

#1 Project Finance Financial Advisers Global
Renewables(1)#4 Sustainability-Linked Bonds Global(2)#2 EMEA Sustainability-Linked Loans
Bookrunner(2)

AAA

Rated
by MSCI, in the Topof 198 banks worldwide

LEADING THE ENERGY
TRANSITION ANDENVIRONMENTALCONSERVATION
Our expertise across value chains
and sectors enables us to advise
clients on and finance their energy
transition.
We can also help clients with otherventures, including circular economy,social and environmental positive
impact and biodiversity conservation.

CONTRIBUTINGTO POSITIVE LOCALIMPACTWe drive positive impact in emerging
and developed economies byaddressing the social aspectsof sustainable development: afair transition, inclusion throughimproved mobility and infrastructure
for sustainable cities.

(1) IJ Global League Tables Q3 2023. (2) Dealogic Q3 2023.

RAISING INDUSTRYSTANDARDS
We are an active player in positive
impact finance, setting industry
standards for more than 20 years.
As co-founder of major industry
coalitions, we lead initiatives to drive
sustainable change and support
decarbonisation trajectories in eachsector.

DELIVERINGINNOVATION TO OPEN
NEW FRONTIERSWith one of the broadest offerings in
the market, we are at the forefrontof innovation, allowing us to design
bespoke solutions for our clients.
We foster innovation by supporting
new businesses and partnering with
innovative new ESG players which are
critical to accelerate the transition
towards a more sustainable future.

Ranked Top
by Moody’s ESG

5%

1% of all companies

Best IB Bank for Sustainable
Finance 2023 by Global FinanceWorld’s Best Bank Transition
Strategy 2023 by Euromoney
Bank of the Year for
Sustainability 2021 by IFR
Investment Bank of the Yearfor Sustainability 2021
by The Banker

3

SUSTAINABLE & POSITIVE
IMPACT SOLUTIONS
To help you build a better future

1. STRATEGIC ADVISORY &BUSINESS DEVELOPMENT■CORPORATE FINANCE■

ESG ADVISORY & MARKET ACCESS■IMPACT-BASED FINANCE■■

SOCIAL IMPACT SOLUTIONSCONTRIBUTING TO THE DEVELOPMENT
OF SUSTAINABLE CITIES

2. SUSTAINABLE & POSITIVE
IMPACT FINANCING
■

■

■

■

GREEN, SOCIAL AND SUSTAINABILITY
LOANS & BONDSSUSTAINABILITY-LINKED
LOANS & BONDSSUSTAINABLE SHORT-TERM FINANCING& LIQUIDITYGREEN AND SUSTAINABILITY-LINKED
TRADE FINANCE

3. SUSTAINABLE &POSITIVE INVESTING■SUSTAINABLE PROJECT &INFRASTRUCTURE FINANCE■ASSET-BACKED PRODUCTS■

SUPPLY CHAIN FINANCE■

RECEIVABLES FINANCE■

SUSTAINABLE MOBILITY SOLUTIONS■EQUIPMENT FINANCE■

ESG/SRI RESEARCH & ADVISORY■SUSTAINABLE & POSITIVE SOLUTIONS■COMPREHENSIVE SECURITIESSERVICES SOLUTIONS TOSUPPORT ESG STRATEGIESSOCIETE GENERALE
KEY MILESTONES
4

1. STRATEGIC ADVISORY& BUSINESS DEVELOPMENT
TAKE THE LEAP TOWARDS SUSTAINABILITYCORPORATE FINANCE
In a world facing unprecedented
transformation needs, we areshifting our business model
to be the go-to bank for energy
transition and sustainable finance.
We offer tailored advice and solutions
to help you on your sustainability journey,
whether it is reinventing your business modelor accelerating your own ESG transition.
■■■

Advisory on strategic evolution
and implementation throughfirst class Mergers & Acquisitions
expertise and track record.
Unique combination of senior banker
implication, in-depth industrial sector
expertise and geographic proximity.
Key research & insights for Equity
Capital Markets investors.

CONTACTS

5ESG ADVISORY & MARKET ACCESSAs part of their investing policy, investors consider that ESG performanceis a key indicator of a company’s long-term risk and opportunity profile
which may significantly impact its attractivity in the market.
Thanks to our extensive knowledge of ESG concerns of investors and stakeholders (including
clients, contractors, regulators and ESG rating agencies), our experts support and advise
Corporate clients in their ESG disclosure and rating process to gain the best market access.

DIAGNOSIS■■■■

Review of ESG risks, opportunities and trends

For Sovereigns, Supranationals
and Agencies

ESG impacts associated withcompany’s positioning■

Benchmark of ESG disclosures and commitments■

Propose sustainable finance solutions
to support ESG roadmap■

For Corporates■■■

Assistance in the running of ESG rating processes(Sustainalytics, MSCI, Moody’s/Vigeo, S&P/SAM)
Use of automated benchmarking tools
Definition of financial communication prioritiesaligned with ESG rating agencies’ criteria
Interplay between ESG and credit features

■

■
■

■

■

Analyse FI’s ESG stakes and status tostrengthen their sustainability strategy

■

■

■

Provide cutting edge cross asset &sustainability research & help to integrate
ESG criteria into investment decisions

Identify the main strengths andweaknesses in a company’s disclosures
Select the best communication strategy
to improve the perception of ESG performance
Integrate of ESG factors into businessstrategy and the equity story

ROADSHOWS
AND MARKETING■

Boost ESG positioning in global markets
Advise on sustainability investment
strategies and assist in structuring
specific ESG or climate-focused funds

Improve ESG investor communication

ASSISTANCEIN UPGRADING STRATEGY

E-MAILFor Financial Institutions

Support sovereigns on their ESG
transition and disclosure journey
E-MAILESG RATING ADVISORY■

Assist with new ESG rating and existing
rating improvement strategies■

Based on our extensive knowledgeof investors and financial intermediaries
and vast market access network
Organisation of ESG roadshows
and proposition of marketing material
in relation to clients’ projects
and operations

Provide support on ESG rating agencies
approach and methodology
E-MAIL

6

IMPACT-BASED FINANCE
IMPACT & STRUCTURING ADVISORY TO CO-CREATE AND
FINANCE NEW BUSINESS MODELS DELIVERING THE SDGs

To answer global environmental & social emergencies, many companies
rethink their business models so they can generate a sustainable future
for all while creating long-term value for their stakeholders.
The SDG investment gap which was initiallyestimated at approximately US$2.6 tr/year(1),was revised upwards following the Covid-19
crisis at US$3.7 tr/year, calling more than everfor new business and financing solutions.
Societe Generale developed a disruptive
and unique approach focused on impact.
Impact-Based Finance addresses the needfor advice from private companies and public
entities that are shifting their businesses todeliver the SGDs in existing or new markets(2)but struggle to finance their investments.
We assist our clients in shifting
their business models to fully integrate
environmental and social impact in theirprojects to unlock funding and accelerate
scale up. Our approach is threefold:Augment impact: by mutualising costs andproviding multiple services, to generate moresocial, environmental & economic impacts
as well as additional revenues. Reducing the“cost-to-impact” leads to increased profitability,
stronger resilience and financial attractivity.
Enhance credit: we provide expert
structuring advice to de-risk transactions,using blended finance mechanisms whenrelevant and structuring aggregation vehicles
to reach critical size for placement in the
global private debt and equity markets.
Leverage digitalisation: throughout theprocess, we focus on the use of digitaltechnologies to combine services, create morevalue, as well as collect and analyse data on
operational performance, payment track record

and impact to demonstrate a project’s successand support its scale up, as well as facilitate
aggregation of portfolios of small assets.
We focus on four key impact value chainswith a particular emphasis on market
segments with high impact and scale up
potential but whose growth is currently
limited by the novelty of businessmodels or technology used, the small
size of investments and/or the location indeveloping countries. We also integratebiodiversity into our approach with theobjective to promote “nature positive”
solutions in each of our value chains.
ACCESS TO CLEAN ENERGY,CONNECTIVITY AND
ENERGY EFFICIENCYWATER MANAGEMENT
AND SMART AGRICULTURE
CIRCULAR ECONOMY
AND WASTE MANAGEMENT
BIODIVERSITY AND
NATURAL CAPITAL

Examples of projects include “multi-impact”
off-grid solar power in rural and remote areas
in developing countries, combined with accessto connectivity, healthcare and education as
well as smart agriculture; energy efficiency
investments in buildings, industries and cities
with “product as a service” business models,
new production lines to efficiently recycle
plastic, regenerative agriculture programs, etc.

Our holistic impact-based approach“augments” projects to deliver energy
transition, sustainable economic growth,
job creation and social well-being.
With both an Originate-To-Distribute and DistributeTo-Originate strategy, the Impact-Based Financegroup is product agnostic and acts as a catalyst
to mobilise the capabilities of Societe Generale todeliver the best financing solutions for corporates
and offer suitable investment opportunities
to investors. Thanks to Impact-Based Finance,
our clients can also benefit from the collective
intelligence and best practices derived from ouractive participation in global initiatives around
impact assessment, digital innovation, energy
efficiency, sustainable cities and blended finance.

FOCUS ON NATURAL CAPITAL SOLUTIONSNature-Based Solutions (“NBS”) are essential toaddress the planetary challenges such as climatechange, biodiversity loss and livelihood in developing
countries. The Impact-Based Finance team hasdeveloped an expertise to advise its clients in theorigination, selection and financial structuring ofhigh quality NBS projects. Thanks to our in-house
experts and our ecosystem of the most reputable
Conservation NGOs and developers of NBS projects,
we can accompany corporates and investors in theirtrajectory to become an inclusive, net-zero, naturepositive actor of change.
E-MAIL(1) Sources: Rethinking Impact to Finance the SDGs (2018), OECD (2021).
(2) These new markets are mostly, but not exclusively, in developing countries; addressing the Base of Pyramid market(“BoP”) means empowering 4 billion economically active consumers, producers, employees and entrepreneurs.

7

SOCIAL IMPACT SOLUTIONSDIVERSE SECTORS, MULTIPLE IMPACTS

We advise corporate clients on the design of their social and environmental
projects, structures innovative financing mechanisms linked to “outcomesbased KPIs” and raise external funding through impact investors & grants.
The Social Impact Solutions team was createdin 2019 with the aim of engineering solutions
to unlock public and private funding at scale
for social projects and businesses developedby our clients as part of the transition
towards sustainability and the SDGs.

These ventures require joint expertiseon business and social issues, often leading tocross sectorial social partnerships with nongovernmental organisations, other civilsociety organisations and the public
sector - local authorities or ministries.

ACHIEVING SOCIAL IMPACT BECOMES THE COMMONLANGUAGE THAT ALIGNS ALL STAKEHOLDERS’ INTERESTSCIRCULARECONOMY Building a sustainable local plastic recycling supply chain for corporates to attainfinancial sustainability and enhance plastic offtake

LIVELIHOOD Entrepreneur development through provision of technical training targeting
industry requirements

AGRICULTURE& COMMODITIESEDUCATION

RENEWABLE
ENERGYFUNDERS/INVESTORSNETWORK
Investors arediverse: funds,
development
agencies,
corporate orphilanthropic
foundations.

 Structuring
Make the social projectalign with corporate’s goal
 Closing
Pitch, negotiate andonboard funding parties Integration of drop-outs and underprivileged children in schools in rural zones Replacement of diesel-fueled equipment by solar energy onesin remote areas Creation of livelihood through a renewable energy ecosystem eduction in occurrence rate of specific illnessesR(ex: Partnership with The Global Fund in the fight against TB, Malaria & Aids)

Fast-Moving Consumer Goods

SOCIAL IMPACT
SOLUTIONS Diagnostic and design
Select the right projectand ensure compatibility
with DIB model Prevention of farmer debt-trap spirals Development of healthcare access in remote rural areas
HEALTHCARECORPORATE CLIENTS NETWORK Enhancement of smallholder farmer-buyer market linkages

We have a
network of large
international
corporateclients present
in emerging
markets

Pharmaceutical & Healthcare
Tech, Media & Telecommunications
Energy & Utilities
Luxury, Fashion & Sports brands…

SOCIAL BUSINESSES
Corporates often partner with social business/enterprises
and NGOs settled locally to reach the more impact possible.

HOW DOES IT WORK?
The Social Impact Solutions team accompany
and advise clients on the design of social
projects that align the interests of private,public and social sectors through tailor-madeinnovative financing mechanisms driven
by result-based principles. Social Impact
Solutions typically uses innovative financing
tools such as blended finance, social impact
bonds and other hybrid mechanisms to arrange
financing packages involving development

finance institutions, impact investors andfoundations and other parties motivatedby the strong and demonstrated social impactof the project and its financial approach.
E-MAILREAD THE FINANCIAL TIMES ARTICLE ON“INVESTING FOR IMPACT: WHAT WILL IT TAKE?”

8

CONTRIBUTING TO THE DEVELOPMENT
OF SUSTAINABLE CITIESFOCUS ON MAKING A DIFFERENCE
IN THE ASIA-PACIFIC REGION

FOCUS ON BATTERY ENERGYSTORAGE SYSTEM IN AUSTRALIA

Ayvens has launched several initiatives
to meet the requirements compulsory
in European cities to limit GHG and fineparticle emissions andis adapting its service offer to a movetowards “Mobility as a Service”.

Asia faces immense requirements forinfrastructure, a vital ingredient necessary tosustain economic development. Numerous
hurdles need to be overcome, especially indeveloping bankable projects, and also to
structure deals that can be distributed into
capital markets. Renewable projects constitute a
growing segment of infrastructure in the region.
Whether they are energy-related and/or linked
to ESG, these trendsetting projects are defining
a new phase in infrastructure finance that takes
into consideration the UN SDGs. We are taking
an active part in these challenges, and ourachievements have received strong recognition:

Electricity grids will need to add energy
storage solutions to facilitate a fulltransition to renewable energy suchas solar and wind power. In 2023, we
acted as financial adviser, mandated
lead arranger and hedging provider forthe development and greenfield project
financing of the Rangebank Battery Energy
Storage System project in Australia.

The Equipment Finance branch
is involved in programmes to equip
new forms of urban lighting and transport.

– The Asset Triple A Sustainable InfrastructureAwards 2023: ESG Project Finance House of
the Year for Asia PacificSogeprom is actively working on
innovative approaches to urban renewal.

– IJ Global ESG Awards 2022: ESG Infrastructure& Energy Bank Award.

Tomorrow’s societies will need to respond to severe challenges.
They will need to support urbanisation and infrastructure projects
in emerging countries, as well as reinvent the cities of ageing countries
using digital innovation and smart city programmes, all with an inclusive
and articulated approach to environmental and social challenges.
Societe Generale supports cities, suppliers
and governments in this transition,
through concrete actions and initiatives:■■■

The French retail banking network
is deeply committed to the“Greater Paris” programme.
The Corporate Banking, Investment
Banking and Financing activities
are involved in multiple urban
infrastructure projects in developedand emerging countries.

■■

Expected to be completed in late 2024, theproject will increase Victoria’s renewableenergy hosting capacity while providing
essential system services aiming tosupport the safe, secure and reliable
operation of Australia’s power system.
Once fully operational, the Rangebank
BESS will have the storage capacity topower the equivalent of 80,000 homes
for an hour during peak periods.

9

2. SUSTAINABLE & POSITIVE
IMPACT FINANCING
TAKE THE SUSTAINABLE WAY

We believe that supporting yourpositive impact helps create a world of
new business opportunities.
Our E&S Advisory and Impact Finance Solutions
department, a unique team of experts capableof analysing and structuring deals involving
multiple parties, can assist you in yourSustainable and Positive Impact projects.
We capitalise on our extensive skills and global
presence to offer made-to-measure financing
solutions, ranging from export credit, tosustainable bonds, to securitisation, as well
as ESG rating advisory services for issuers.
Societe Generale’s partnerships
with Supranationals, Multilaterals& Development Finance Institutions(MDFIs) open a world of opportunities
As an international lender with a historicalpresence in many developing countries, weare convinced that the strong complementary
relationship between local knowledge, theknow-how of development finance institutions
and our own product expertise makes
us collectively stronger in addressing thedevelopment challenges of these countries.
Multilateral development banks and otherdevelopment finance institutions represent
key partners with whom Societe Generale
enjoys long-lasting and fruitful relationships.

We have built our expertise on
our deep historical knowledge
in environmental & social risk
management, structured financeand capital markets to meetthe growing demand for financial
solutions that support
your sustainability agenda.

Our cooperation is based on a wide range of
co-financing instruments such as B-loans,sovereign risk guarantees, risk sharing
facilities, and partial credit guarantees.
Over the years, we have designed solutions
to apply these instruments across manyof our areas of financial expertise, fromproject and commodities financing tocapital markets and risk management.

10GREEN, SOCIAL AND SUSTAINABILITY LOANS & BONDS
We combine longstanding
environmental, social and impact
structuring expertise with leading
debt capital markets structuring
and distribution services.
Green, Social & Sustainable loan or bond proceeds
aim at financing clearly earmarked projects
generating environmental and/or social benefits.
Pioneering this expertise, Societe Generale
acted as the structuring advisor for highly
visible inaugural green, social and sustainability
transactions for key clients in all asset
classes, across the globe, highlighting thebank’s strong advisory capabilities in the
Sustainable and Positive Impact finance field.
E-MAIL

MARKET LEADERBest Investment Bankfor Sustainable Financing 2023
Outstanding Leadership inTransition / Sustainability Linked
Bonds in Western Europe 2023
Investment Bank of the Year for
Sustainability-Linked Loans 2022

430+ Green, Social and Sustainablebonds mandates globally across issuer types,
currencies & regions since 2013
Total amount+€460bn eq.

SUSTAINABILITY-LINKED
LOANS & BONDSSUSTAINABLE SHORT-TERM
FINANCING & LIQUIDITY

As an innovative way to value our client’s
sustainability performance, Societe
Generale has developed a SustainabilityLinked Loan and Bond offer, linking
the financing structure to the client’s
achievements in terms of corporate andsocial responsibility (CSR) targets.

As a catalyst between short-term
financing and liquidity, the cash
management business line has
embedded ESG in its liquidity andfinancing solutions to support our clientsin achieving their positive impact goals.

Sustainability-linked mechanisms offer multiple
structuring opportunities. Defined on a caseby case basis, the targets are discussedwith our clients and supported by an incentive
mechanism. With this tailor-made structured offer,
Societe Generale joins forces with its clientsto help them integrate their sustainability
ambition in their financial instruments,
thereby offering heightened visibility
to our clients’ transition journeys.
E-MAILIn order to fund dedicated projects having a positive
impact such as activities in favor of the energy
transition, we propose short term financing, green
working capital facilities throughout Asia andWestern Europe and tomorrow globally. In addition,
to answer our clients’ willingness for green liquidity
management, we are monitoring our green assets
pool. We offer green deposits in Asia mainly
in Mainland China and Hong Kong, proceedsof the cash surplus investment are funding
green and sustainable projects.
E-MAIL11

GREEN AND SUSTAINABILITY-LINKED TRADE FINANCE
By combining our longstanding
expertise in positive impact
and ESG structuring solutions
with trade finance, we help
our clients navigate the ESG
transition.

GREEN, SOCIAL ANDSUSTAINABLE TRADE FINANCE

SUSTAINABILITY-LINKED
TRADE FINANCE

Green Guarantees, Letters of Credit andStand-by Letters of Credit are Trade Financeinstruments which support, guarantee
and/or finance an underlying project
having a clear positive contribution to theenvironment and/or to a target population.

This innovative offer aims at supporting
our Corporate clients which haveengaged a real transition towards amore sustainable business model.

With a strong track record in Europe,
the Middle East, Africa and Asia,
we are well positioned to act
as an ESG advisor, arranging green
and sustainability-linked transactions.

These innovative solutions focus on key
sectors with positive impact activities suchas, but not limited to: renewable energy,
clean transportation, waste management,sustainable water, waste water management,
hydrogen, health and education.
Societe Generale has been pioneering the Greensegment and has now extended it to social andsustainable trade finance in order to have a fullfledged impact on the ESG strategy of its clients.

Based on an incentive mechanism,we agree and commit to adjusting
our pricing conditions to the achievementof CSR targets defined with our clients.
In this way, we fully support andindirectly participate to the successful
ESG transition of our clients.

HYBRID TRADE FINANCE
Societe Generale can also offer
Hybrid Trade Finance facilities
which are a combination of a Green& Sustainability-Linked mechanism.
This innovative solution offersa double advantage:
1. a green mechanism to support tradefinance instruments which guaranteethat an underlying project has a positive
impact on the environment, and;2. a sustainability-linked mechanism
to reflect the Group E&S strategy.

E-MAIL

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SUSTAINABLE PROJECT & INFRASTRUCTURE FINANCEASSET-BACKED PRODUCTS

Financing is based on in-depth
understanding and expertisein sectors, structuring techniques andgeographic reach, while maximising
positive impacts in projects.

Societe Generale’s integrated assetbacked products division offers top‑tierexpertise in the advisory, structuring,financing, placement and trading
for securitisations, fund finance andcollateralised financing across Europe,
the US and Asia-Pacific.

We have a longstanding and well-establishedtrack record in providing financial advisory
services and arranging capabilities inrelation to infrastructure & project financing,in multiple sectors across the world.

ENERGY FINANCE
Financing and advisory solutions for projects
and producers worldwide in the energy sector
and energy transition related assets (power,
renewables and assets covering onshore andoffshore wind, solar, blue and green hydrogen,carbon capture and storage, sustainable aviation
fuel, e-fuels, energy storage and interconnectors).

MINING, METALS &INDUSTRIES FINANCE
Advisory, structuring and financing solutions
to support value chains from mining
extraction and metals transformation
to battery production and downstream
industries focused on decarbonisation,
sustainability, and full life cycle solutions
as well as reshoring initiatives.

INFRASTRUCTURE FINANCE
Advising and financing solutions dedicatedto infrastructure projects in transportationand mobility, digital infrastructures, waste& water, social infrastructure, regulated
asset based and other infrastructures
related to the energy transition.

E-MAIL

Integrating technical expertise with thegroup’s leading capabilities in sustainablefinance, Societe Generale supports issuers
and investors through green, social andsustainability-linked transactions alignedwith their sustainability agenda.

We accompany corporate clients, financial
institutions and financial sponsors globally
across a broad range of asset classes andobjectives (funding and funding diversification,risk transfer, capital optimisation etc.).

Investment Bank of the Yearfor Securitisation 2023

E-MAIL13

SUPPLY CHAIN FINANCE
We help clients strengthen relations with their suppliers regardlessof their size, while optimising their working capital for both the buyer
and the suppliers. We can also offer financial incentives to the suppliers
to become more sustainable and enhance their ESG strategy(scope 3, responsible sourcing, supply chain transparency…).
We offer a suite of reverse factoring solutions to strengthen the supply chain financing
along with E&S criteria. The purpose of Supply Chain Finance(or reverse factoring) is to prepay the invoices payable to suppliers.
We can help our clients fulfil theirobjectives, especially the ESG ones, inseveral ways: first, by helping ensure thesustainability of their supplier base:■■■

Reducing the risks of delays and/or disruption
Strengthening the commercial
relationship with their suppliers
Conveying a “responsible purchasing” image

Then, by helping improvetheir working capital needs:■■

Securing payments and improving cash
management forecasts and liquidity management
Centralising & securing suppliers’ payments

Last but not least, setting up a
Sustainability-Linked Supply Chain
Finance programme where both suppliersand clients can be rewarded fortheir E&S performance.
For the client’s suppliers,
the benefits are twofold:■■

Suppliers benefit from a “true sale”
early payment solution.
Financial conditions can be enhanced if
the suppliers’ ESG performances are good
and/or improving. Client benefits from its
supply chain effort from a CSR perspective.
E-MAILRECEIVABLES FINANCE
We support our clients’ positive social
impact by providing them with healthy
cash cycles and lasting working capitalsolutions through either Positive
Impact Finance or SustainabilityLinked structures.
By helping our clients monitor their cash cycle,
receivables finance opens up new opportunities
for them to positively support their partners’
financial sustainability, along with their own.

The socially positive impact they generateby reducing payment delays may be seen
across their partners’ economic cycle.
Receivables finance helps strengthen
cash cycles as well as relationships
between clients and their debtors.
Specific positive impact receivables
finance programs also exist to fit theneeds of non-profit organisations andto specifically help them to get cash
advances on their operating grants.
E-MAIL

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SUSTAINABLE MOBILITY SOLUTIONS
Ayvens supports its corporate clients by providing eco-friendly fleets and mobility solutions whether it be to reduce
fleet emissions, improve safety on the road or promote innovative and sustainable mobility solutions.
ADVISORY SERVICESMOBILITY SOLUTIONSSTRATEGIC PARTNERSHIPSTo help clients to reach their net zerotargets and make sustainable mobility
an easy choice, Ayvens strives to ensurethat clients are able to identify the greenest
way and vehicle for their drivers.

A strategic focus has been placed oninvesting in new mobility solutions
that will transform the use of the car
into mobility as a service (MaaS).

The transition to electric vehicles requires
partnering with key infrastructure providers.

This involves conducting a needs analysis,
measuring a fleet’s carbon footprint, improving
client awareness on the benefits of alternative
powertrains (battery electric vehicles andplug-in hybrids in particular), calculating the
Total Cost of Ownership and explaining the legal
and fiscal set-up on a country-by-country basis.

Ayvens provides solutions suchas Corporate car sharing, car swapping
services, mobility budgets
and multimodal mobility solutions.

Over the years, Ayvens has signed a numberof partnerships to collectively launch newelectrified mobility solutions which combine
driving electric vehicles and charging
services in order to provide a seamlessand consistent client experience.

These provide alternatives in responseto the gradual shift away from ‘car only’
to ‘full mobility’ through an end-to-end
multimodal solution.

Ayvens also partners with premium
electric vehicle manufacturers to help
diversify their distribution modelthrough full digital leasing services.

Ayvens is partnering with global industry
leaders to offer clients a full end-to-end solution
containing home charging facilities and charging
cards that allow free roaming and international use.

E-MAIL

15

EQUIPMENT FINANCE
With our in-depth environmental and social expertise across our businesssectors - Technology, Industrial Equipment, Healthcare & Green Energy
and Transportation - we support our clients in their decarbonisation
pathways with financing solutions for sustainable small-scale assets.
As an integrator for different stakeholders,
we take a leading role in providing sustainableasset finance across our expertise sectors.
We are convinced that new financing solutions are
required to support the shift to a more sustainable
environment. In cooperation with manufacturers,
energy service providers and specialized
financial intermediaries, we are committed
to supporting energy transition investments
for the benefit of our planet and society.

We embed Circular Economy principles
in financing solutions, by supporting
the behavioral shift from asset ownership tousage based models, using an asset lifecycle
approach. Together with our partners, we focus
on the sustainable use of products and resources.
Together, let’s “Care and Dare about the Future” –as concretely outlined in our 2025 CSR ambition.
E-MAILA FEW EXAMPLES OF WHAT WE DO:

ELECTRIFICATION& LOW-EMISSION
TRANSPORTATION

We cooperate with partners
to offer financing solutions
for EV charging stations
including hardware andservices to support the shift
towards electrification. We
also focus on financing low
carbon transportation assets.

ENERGY EFFICIENCYSOLUTIONSSOCIAL & MEDICALFINANCING SOLUTIONS

We support “energy efficiency”
investments by offering the mostsuitable financing solutions toaccompany large corporates,
but also SMEs that show strong
interest in reducing their energy
consumption in production
facilities and to improvetheir own CO2 footprint.

Together with our partners,
we focus on financing
solutions for technology
equipment in the field of
education. We also support
the financing of medical
equipment for the various
healthcare systems acrossour international network.

16

3. SUSTAINABLE &POSITIVE INVESTINGSURF ON THE BEST INVESTMENT IDEAS AND SOLUTIONSESG/SRI RESEARCH& ADVISORY
Environmental, Social & Governance(ESG) factors, as well as Socially
Responsible Investing (SRI) issues,
are material performance drivers.
At the heart of the bank’s market activities
since 2006, Societe Generale Cross-Asset
Research’s ESG team is dedicated to providing
expert advisory services on Environmental,
Social and Governance topics.
In 2020, Societe Generale was the first bankto systematically integrate ESG criteria in
its fundamental analysis, valuations andrecommendations on equities, with the aimof providing a framework to help investors
make informed decisions by combining
traditional financial metrics with financiallyrelevant and actionable analysis of ESG
issues. Such innovations are in addition
to the advisory services the ESG researchteam provides clients with regards to, forexample, the plethora of new ESG regulations
being deployed by states and regulators.

With a top-ranked ESG Research,performing index solutions
and a broad Sustainable andPositive product offer – ranging
from the most vanilla to the mostcustomised proposal – our aim
is to deliver investment solutions
that fit your diverse ESG& SRI strategies.

Societe Generale Cross-Asset Research
was ranked 5th in ESG Research (Economic,
Cross-Asset and Quant Research category)in the Institutional Investor 2023 Europe
Research survey. This recognition
highlights our expertise and our franchiseas one of the leading independent
research providers on the market.

Consistently at the top of benchmark rankings andsurveys, this is a strong recognition of the qualityof the content and advisory services the bankprovides investor and corporate clients in supportof their ESG transitions and investment decisions.
INSIGHT: THE IMPACT OF UNSUSTAINABLE DIETSINSIGHT: BIODIVERSITY & ECOSYSTEMSE-MAIL

17

SUSTAINABLE & POSITIVE SOLUTIONS
We connect a wide range of issuers(sovereigns, supras, agencies,
corporates) and investors(insurance companies, asset managers,
private & retail banks…)
through a comprehensive offer
of vanilla to customised solutions.
ESG INDEX SOLUTIONSThe Societe Generale Index range covers
a wide scope of assets, and includes ESG
indices, based on Societe Generale’s
in-house ESG research or on ourcomprehensive network of ESG partners.
■■

A wide array of formats is available
to deliver the indices: Funds, Bankcertificates, Structured Products, etc.
Design of custom indices: whether
derived from a flagship index or createdat the client’s request, they are developed
to precisely match investors’ objectives.

TAILORED SUSTAINABLE
AND POSITIVE INVESTING
We can offer investment solutions
that embed ESG priorities.
1. Positive Impact notes
We have created a range of products toallow clients to invest in a structured note
while promoting Positive Impact Finance.
Positive Impact notes are flexible and canbe linked to a full range of performanceengines. It is our intention to apply anamount equivalent to the value invested in
the Positive Impact notes to finance and/or refinance Eligible Activities as definedin the Sustainable and Positive Impact
Bond Framework of Societe Generale.
2. Repackaging of Green, Social
or Sustainability bonds
We issue a bond-repacked note
for which the yield of a third-party
Green Bond (the reference bond)is used as a funding source.

3. Green, Social or Sustainability Notes
issued by a third-party
The issuer earmarks the note’s proceeds
for green, social or sustainable projects,
or is a recognised “pure player” which
exclusively funds such projects.
4. Custom solutions that makea positive contribution to environmental
or social initiatives
We have developed partnerships with social
enterprises, which support reforestation orverified carbon emission reduction projects,
to let investors add a voluntary contribution totheir investments on ESG index-linked products.
5. Socially Responsible Deposits
We matche funds collected through deposits
with an equivalent amount in short-termloans to corporates that have received
high ESG ratings (according to an internal
methodology), or in commodity financetransactions selected according to ESG criteria.
Such deposits are another element of
our Sustainable and Positive Investment
offering for Corporate clients.

HEDGING & FINANCING
SOLUTIONSInnovating in ESG solutions beyond
investment activities, the Group also offers
Sustainable and Positive solutions within its
hedging activities and financing products:■■

Sustainability-Linked Derivatives: with
derivatives whose features are contingent on
the achievement of specified sustainability
targets, Societe Generale strengthens
its commitment to the sustainabletransformation of its corporate clients.
Sustainability-linked swaps can notably hedge
Sustainability-linked loans and bonds.
Sustainability-Linked financing and
ESG-Screened financing solutions: withfinancing transactions in public markets
whose features are contingent to theachievement of specified sustainability
targets, We strengthen our commitment
to the sustainable transformation of ourFinancial Institutions clients. We can also
apply ESG screens to the collateral of
financing transactions in Global Markets.

18

COMPREHENSIVE SECURITIES SERVICESSOLUTIONS TO SUPPORT ESG STRATEGIESSociete Generale Securities Services (SGSS) assists its clients to include
ESG criteria into their investment strategies, whether they are issuers
or institutional investors.
SGSS IS ABLE TO SUPPORT ITS CLIENTSAT KEY STAGES IN THE LIFE OF A FUND TO ENABLE
THEM TO MEET THEIR ESG STRATEGYAND COMMITMENTS:■■■

PORTFOLIO ANALYSIS:SGSS provides clients with a clear andsynthetic vision of the positioning of theirinvestments in terms of carbon footprint,
governance quality and management ofenvironmental and social aspects.
PRE-TRADE COMPLIANCE:SGSS offers clients a pre-trade control
solution to monitor the effectivenessof their investment decisions and ensure
their compliance with their ESG strategy.
POST-TRADE COMPLIANCE:In terms of post-trade control, SGSS
verifies compliance with regard to the ESG
criteria defined in the prospectus.

■■

REGULATORY REPORTING:
SGSS collects ESG data and produces
Sustainable Finance Disclosure
Regulation, Taxonomy and European
ESG Template reporting, includingfor Private Markets managers.
VOTING PLATFORM AT
GENERAL MEETINGS:SGSS enables access to a voting
platform covering 46 markets andrecommendations of 35 proxy advisors
providing voting proposals in linewith its clients’ ESG ambitions.
E-MAIL

19

SOCIETE GENERALE
KEY MILESTONES

2001■

Founding member of the Positive
Impact initiative within the UNEP-FI

2014
■

■

2005
■

■

■

Creation of Societe Generale’s
dedicated ESG Research teamCreation of a dedicated team forrenewable energy financing

2006
Launch of a range of SRI indicessupporting companies in sustainable
development for water, photovoltaic,
the environment and alternative energy

2007
■

■

■

Creation of a dedicated Positive
Impact Finance teamSociete Generale leads a Positive Impact
working Group within ORSE (Observatoire dela responsabilité sociale des entreprises)

Launch of the first socially responsible
cash deposits for corporates

Further to Societe Generale’s proposal,
the UNEP-FI Banking Commission
launches the Positive Impact Initiative
Societe Generale issues its first
Positive Impact Bond

2016
■

■

Support of Air Liquide, the first corporate
to issue a SRI bond in Europe

2013
■

■

Adoption of the Equator Principles

2012

70% of the Group’s new lending to the power
generation sector goes to renewables

2015
■

■

Release of a methodological guidanceon Positive Impact with ORSE

Societe Generale and the European
Investment Bank sign a framework guarantee
agreement to support shipbuilding
projects promoting sustainable transportand environmental protection
Societe Generale stops dedicated coalfinancing and targets doubling its
funding allocation for renewable energy
client projects up to €10bn by 2020

2017
■

■

Advisory of the Republic of France on executing
the first euro-zone government green
benchmark, the largest green bond ever (€7bn)
Launch of the Positive Impact
Finance principles with UNEP-FI

20

2018
■

■

■

■

■

Societe Generale is the first French bankto join the Climate Bond Initiative

2020■

Acquisition of Lumo, a pioneering renewableenergy crowdfunding platform in France■

First issuance of a Positive Impact Bond to fundclean transportation & promote the transition
to a low carbon future by ALD Automotive■

Societe Generale becomes the firstforeign bank to issue TWD denominatedPositive Impact Bonds in Taiwan■

Societe Generale is named Best French
Bank in RobecoSAM’s CSR ranking

■
■

2019
■

■

■

■

■

■

■

■

■

■

Societe Generale further reduces
its involvement in coal■Societe Generale issues a successful
fifth Positive Impact covered bond of€1bn contributing to the financing
of a carbon-efficient economy
Signing of the Poseidon
Principles promoting shipping
industry decarbonisation
Societe Generale is one of the founding
signatories of the Principles for
Responsible Banking and Member of theCollective Commitment on Climate
Societe Generale is ranked first placeworldwide on environmental topics and sixthin Europe for all ESG matters by RobecoSAM
Launch of a new solidarity financing initiative
based on the round-up of foreign exchangetransactions, Epic “Hedge to pledge”
Societe Generale places ESG at theheart of its equity research
Support for one of the largest drinkablewater plants in West Africa
Completion of a $3.4bn impact
investment risk transfer transaction
with Mariner investment groupSigning of the sustainable IT charter

Societe Generale is the first bank tosystematically integrate ESG criteria
in its fundamental analysis
Societe Generale joins the Hydrogen
Council, supporting the developmentof hydrogen for energy transition
Signing of the “Principles for
Responsible Investment (PRI)” bySociete Generale Assurances

New thermal coal sector policy
Societe Generale joins the global CFO
taskforce for the implementationof the United Nations Sustainable
Development Goals
Societe Generale is one of the first global
banks to announce a concrete near-termtarget to reduce its overall exposure to the oiland gas extraction sector by 10% by 2025

■

■

■

■

Societe Generale joins the UNEP-FI
net-zero banking alliance, as a founding
member. Through this alliance, theGroup is committed to aligning its
portfolios with trajectories aiming
at carbon neutrality by 2050

■

■

■

■

Societe Generale supports the GreatBlue Wall project to conserve and restore
marine and coastal biodiversity

Societe Generale joins the Aviation
Climate-Aligned Finance (CAF) Working
Group as one of its founding members
Co-lead & Co-founder of the Aluminium
Climate-Aligned Working Groups
to define decarbonisation standards
for the Aluminium sector.
Founding Signatory of the
Sustainable Steel Principles
Societe Generale becomes a memberof the Science Based Targets
Network for Climate and Nature

2023
■

–

–

Societe Generale joins the Steel ClimateAligned Finance Working Group as co-leader
Societe Generale joins the Taskforce on
Nature-related Financial Disclosures (TNFD)

Societe Generale acts as sole financial
advisor in the creation and structurationof the Hy24 Fund, one of the world’s
largest investment platform dedicated todecarbonisation hydrogen infrastructure
launched by Ardian and FiveT Hydrogen.

2022

Societe Generale announces an additional€3 billion in financing for the Grand Paris project

2021
■

■

–

Societe Generale reinforces
its ESG commitments with:
A 80% reduction in upstream Oil & Gas
exposure by 2030 vs. 2019; 50% reduction
by 2025 (vs. previous commitment of 20%)
EUR 1bn transition investment fund with afocus on energy transition solutions and naturebased and impact-based projects supporting
UN’s Sustainable Development Goals
Societe Generale is committed to decreaseof its own-account carbon emissions
by 50% between 2019 and 2030.

Societe Generale joins the corporate
engagement program of the Science
Based Targets Network in order to develop
the Science Based Targets for Natureframework and accompany its clients
towards a “positive nature” economy

21

SOCIETE GENERALE
Societe Generale is a French credit institution (bank) authorised
and supervised by the European Central Bank (ECB) and theAutorité de Contrôle Prudentiel et de Résolution (the French
Prudential Control and Resolution Authority) (ACPR) andregulated by the Autorité des marchés financiers (the French
financial markets regulator) (AMF). Societe Generale is a French
Société Anonyme (limited company) with share capital of EUR
1,062,354,722.50 as of July 2022 whose registered Head office
is located at 29 boulevard Haussmann – 75009 PARIS (France),
registered with the Paris Trade and Companies Registry under
number 552 120 222.
IMPORTANT DISCLAIMER
This Communication is provided for general information
purposes only and is not construed as a solicitation or an offer
to buy or sell any financial products and does not constituteresearch information and/or recommendations. It is intended
for a privileged and confidential use only by Societe Generale’s
Eligible Counterparties and Professional Clients or prospect
to which it is made available by Societe Generale. This
Communication is not intended to be directed at retail clients.
The content of this Communication is prevailing as at the dateof publication and is subject to change, without notice, to reflectsubsequent developments. The accuracy, completeness or
relevance of data and/or figures which has been drawn fromexternal sources and integrated into this Communication is
not guaranteed although it is drawn from sources reasonably
believed to be reliable. No liability is accepted by Societe
Generale that may arise from any use of this material. This
Communication and its contents are confidential andproprietary to Societe Generale, and no part of this document or
its subject matter may be reproduced, disseminated or disclosed
to any third party without the prior written approval of Societe
Generale. The distribution of this Communication in otherjurisdictions outside of EEA (European Economic Area) may
be restricted by law, and persons into whose possession thisdocument comes should inform themselves about, and observe,
any such restrictions. Societe Generale wants to contribute to aproactive and responsible energy transition by supporting its
clients and the real economy towards a less carboned future.
Whilst Societe Generale continues to support customers across a
range of sectors during the transition phase, Societe Generale iscommitted to a process of aligning its financing with trajectories
compatible with the objectives of carbon neutrality in 2050,
starting with the most CO2-emitting activities, as defined by
the Net Zero Banking Alliance (NZBA). Visit Societe Generale’s
website for further information on environment transition:
Environmental transition - Societe Generale, as well as its latest
climate commitments : Societe Generale: 2026 Strategic Plan.

CONTACTSCORPORATE &INVESTMENT BANKING

SECURITIES SERVICES
Guillaume HERAUD

Sandrine ENGUEHARD

Head of Impact Finance Solutions
sandrine.enguehard@sgcib.com

Yannick OUAKNINE

Head of Sustainability Researchyannick.ouaknine@sgcib.com

Yasmine DJEDDAIHead of Sustainable Finance - Asia Pacificyasmine.djeddai@sgcib.com

Global Head of Marketing
guillaume.heraud@sgss.socgen.com

EQUIPEMENT FINANCE
Thorsten ARP

SGEF Green Energy & Mobility Sector Leadthorsten.arp@gefa.deMarie Clara BUELLINGEN

Head of Sustainable Finance - USAmarie-clara.buellingen@sgcib.com

AYVENS

Laurence ALEXANDRE

Stephane RENIE

Positive Impact - UKlaurence.alexandre@sgcib.com

Head of Corporate Social Responsibility
stephane.renie@aldautomotive.com

Karin BONY MERAD

Positive Impact - Middle-Eastkarin.bony-merad@sgcib.com© 2023 Societe Generale. All rights reserved.

22

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Societe Generale SA - A Public Limited Company with a Capital of EUR 1,003,724,927.50 – Registered Office: 29 Bd Haussmann, 75009 Paris. 552 120 222 Trade & Companies Register of Paris. No ADEME (Agence de l’Environnement
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