Transcription of CLIMATE DISCLOSURE
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CLIMATE DISCLOSURE Societe Generale s CLIMATE -related reporting following the TCFD and NFRD guidelines Second Edition - Octobre 2020 CLIMATE DISCLOSURE REPORT - SEPTEMBER 2020 C0-PUBLIC 2 FOREWORD BY FR D RIC OUD A FR D RIC OUD A Chief Executive Office Societe Generale 2020 is in many aspects an extraordinary year. We have seen the development of a worldwide pandemic with Covid 19 impacting all our economies and resulting into unprecedented actions by governments, central banks and commercial banks to support the economy. 2020 is also the year where Societe Generale, one of the leading European financial services groups, has defined its corporate purpose as a driving force towards its business development: to build, together with our clients, a better and sustainable future through responsible and innovative financial solutions.
on the promise of a European Green Deal, and where the Action Plan for Sustainable Finance launched in 2018 gave birth to concrete outputs, both legislative (Regulations on the taxonomy on sustainable activities and on low-carbon indices) and non-legislative (Guidelines on non-financial reporting, TEG reports on Green Bond standards).
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