Societe Generale considers the Environmental and Social (E&S) issues associated to its activities to better control their impact and promote good E&S practices. To this end, the bank has defined E&S General Guidelines, as well as E&S policies which set key standards and parameters for a responsible engagement. This E&S framework encompasses the initiatives of the banking sector that Societe Generale has joined, including the Equator Principles (EP) which the bank adopted in 2007.
The Equator Principles is a risk management framework adopted by financial institutions, for determining, assessing and managing E&S risk in projects.
The EP apply globally, to all industry sectors and to four financial products: