Finance - To be a responsible investor and a contributor to the real economy

In a world in which investment can have a real impact, we have one key driving force at Societe Generale Assurances: our shared and ambitious vision of sustainable investment as a powerful means of transformation.

SUSTAINABLE INVESTMENT IN THE REAL ECONOMY

By managing our financial assets responsibly, we are acting to help the environment, climate and more generally society as a whole. In 2021, within the framework of Societe Generale group’s commitments and initiatives of the Paris Agreement, we made major commitments in responsible finance, in particular by joining the Net Zero Asset Owner Alliance and pledging to reach carbon neutrality in our investment portfolio by 2050. We have also made a commitment to reducing the carbon footprint of our equity and corporate bond portfolios by 30% by 2025 relative to 2018 and doubling our green outstandings between 2020 and 2025 to 6 billion euros. As a long-term investor, we support the energy transition and we are playing a part in combating climate change. At the end of 2021, the total amount of “green” investment in our asset portfolio came to 4.7 billion euros, up 70% compared to 2020.

We incorporate social and environmental criteria into all our products. In savings life insurance, we promote sustainable investments in the real economy by means of innovative products and funds with the “Relance” label, which allow savers wanting to contribute to the economic recovery to invest in French companies, as illustrated by Primo Pact and the Sécurité Infra Euro fund. With the new savings range in France and the 100% SRI unit-linked contract in Luxembourg, our clients have access for the first time to a wide range of open architecture and 100% SRI unit-linked products. Furthermore, for our real estate investments, we prefer investments with a significant energy efficiency component. At the end of 2021, our portfolio of properties with environmental certification amounted to 3.4 billion euros.

3.4 bn EUR
OF REAL ESTATE INVESTMENTS WITH ENVIRONMENTAL CERTIFICATION
4.7 bn EUR
OF “GREEN” INVESTMENTS (UP 70% VS. 2020)