Societe Generale upgraded to AA by MSCI
Recognition for our approach to sustainability
Societe Generale has been rated AA by extra-financial rating agency MSCI*, and positioned among the leading 14% of banks worldwide rated AA and AAA for action across environmental, social and governance matters.
The upgrade from A to AA is driven by a combination of factors, including:
- a commitment to responsible lending and investment practices, from institutional clients to SMEs, and serving underbanked communities through our Africa presence
- a focused approach to client protection through comprehensive data privacy and cyber security measures that support the digital transformation of the bank
- a robust corporate governance and disciplined approach to manage corruption and conduct risk
Extra-financial rating agencies are external and independent: they analyse and rate companies worldwide on material Environmental, Social and Governance factors, helping investors to identify risks and opportunities that may not be captured by traditional financial analysis.
To know more about the CSR activities of the Group and to read the Integrated Report.
*MSCI ESG Research provides MSCI ESG Ratings on global public and a few private companies on a scale of AAA (leader) to CCC (laggard), according to exposure to industry-specific ESG risks and the ability to manage those risks relative to peers.