As an innovative way to value our client’s sustainability performance, Societe Generale has developed an ‘Impact Loan’ offer, which links the financing structure to the achievement of the client’s corporate and social responsibility (CSR) targets, such as CO2 reduction goals
Through this contingent structured offer, Societe Generale intends to work with its clients towards their sustainability ambition and CSR achievements. For instance, when a corporate under performs the defined sustainability expectations, we integrate within the financial structure some compensatory measures. Those measures usually take the form of a commitment from the corporate to invest a defined amount for CSR corrective actions, or to donate an equivalent amount to non-governmental organizations which have similar sustainability objectives.
This new offer is a good example of the value we place on our clients’ sustainability agenda.