To be a responsible insurer
Societe Generale Insurance applies an Environmental, Social and Governance (ESG) policy that aligns with the principles of the Societe Generale group. At the end of 2017, 84% of the asset portfolio was rated A, B or C using the Amundi methodology(1).
For its real estate investments, Societe Generale Insurance favours investment in high energy efficiency buildings certificated to the most demanding standards. The office building acquired in Düsseldorf under a joint investment holds DGNB certification, Germany’s leading sustainable construction accreditation label. The Visitation shopping center in Rennes and the D2 Tower that houses the Paris-based teams of Societe Generale Insurance have both been granted BREEAM in Use certification, the benchmark environmental certification that recognises good practices at work in an operational building.
Customers are offered a choice of 44 SRI (Socially Responsible Investment) funds via savings life insurance policies. In 2017, the outstandings managed in these funds rose by 66%, compared with the previous year. These funds allow customers to invest in the social and solidarity economy. 50% of the annual income from these investment vehicles is automatically repaid to the partner non-profit organisations: Les Restaurants du Coeur, Habitat et Humanisme, CCFD Terre Solidaire and Fondation pour la Recherche Médicale.
The impacts of initiatives launched to reduce the consumption of resources and control the company's carbon footprint in 2017 (trend compared with 2016)
(1) On a scale from A to E, where A is the best score and E is the worst.
(2) Gas, electricity, steam and chilled water