Non-financial ratings and reporting

The Group attaches great importance to its non-financial ratings and strives to obtain ratings that best reflect its CSR actions by ensuring the quality and transparency of the data provided.

Every year, Societe Generale’s CSR achievements are subject to extra-financial reporting, verified by statutory auditors. The Group’s CSR approach is also evaluated by extra-financial ratings agencies. These ratings help the bank to benchmark its efforts compared to its peers.
 

What are non-financial ratings?

The non-financial rating is an evaluation of the company based on criteria other than just financial performance: respect for the environment, social and societal values, etc.

In 2019, our  non-financial rating on economic, environmental and social measures was higher than the average for the banking sector, allowing Societe Generale to be in the first quartile of the rankings mentioned below.
 

A key player in sustainable development

Societe Generale is currently included in the main sustainability indices:

  • DJSI (World and Europe)
  • MSCI Low Carbon Leaders Index
  • 4 des indices STOXX ESG Leaders
  • FSTE4Good (Global et Europe)
  • Euronext Vigeo (France, Europe et Eurozone)

It is also present in a significant number of SRI (Socially Responsible Investment) funds.

*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. Learn more about MSCI ESG ratings.

**Report at June 2019. In September 2018, Sustainalytics launched a new ratings framework called the ESG Risk Ratings.

A dedicated area for extra-financial analysts

Visit our publications and documents page for all the available documents relating to the commitments of Societe Generale group with regards to social, societal and environmental responsibility and sustainable development.
 

Reporting methodology

Every year, Societe Generale performs a quantitative evaluation of its CSR key performance indicators. The CSR and Sustainable Development department is responsible for collecting data in the following fields: governance, corporate, social, environment and sponsorship. More than 1,200 contributors take part in collecting this data every year using the Planethic Reporting system, established in each of the Group’s subsidiaries.

Download the Note on methodology