Societe Generale gives a new impetus to its corporate philanthropy policy

Societe Generale is stepping up its philanthropic activities with the Societe Generale Philanthropy program, which will focus on three areas: education, culture and the environment.

This new philanthropic policy reflects our ambition to have a positive impact on society and to be a leader in ESG commitments. The Societe Generale Corporate Foundation will actively contribute to the program with an increased endowment of EUR55 million for the period 2024-2028.

The Societe Generale Philanthropy program will focus on three areas, building on the long-standing Group's philanthropic commitments:

Education to facilitate the acquisition of fundamental knowledge, financial education, education through sport and culture, and professional integration, particularly around the ecological transition and digital professions;

Culture to support classical music, modern and contemporary art;

Environment to contribute to the preservation of nature and the protection of the oceans, in addition to the Group's strategy to support the energy transition.

The Societe Generale Corporate Foundation, which carries out the Group's philanthropic activities, has been renewed for five years with a multi-year action program of EUR55 million for the period 2024-2028 (i.e. an annual endowment increased by 50%). It will carry on operating in France, with a stronger anchoring in the regions, and will also support more international projects. The Societe Generale Philanthropy program will also draw on local philanthropic initiatives.

In addition to financial support to partners, the Group wants to strengthen staff support by involving more employees willing to take part in philanthropic activities (i.e. volunteering by employees, sponsorship by members of the Group's Management Committee, etc.).

Slawomir Krupa, Chief Executive Officer of Societe Generale and Chairman of the Societe Generale Corporate Foundation, said: 'Stepping up our philanthropic efforts is an integral part of our ambition to be a committed company with a positive impact on society. With the deployment of the Societe Generale Philanthropy program, we are giving a new impetus to our actions around three areas: education, culture and the environment. With our Corporate Foundation and local initiatives, and thanks to the commitment of our staff, we want to act purposefully with our partners to create together projects with a strong impact on society and the environment'.

Press contacts:

Amandine Grison_+33 1 41 45 92 40_ [e-mail]

Bruno Santos _ [phone] _ [e-mail]

(C) 2024 Electronic News Publishing, source ENP Newswire