Societe Generale successfully issued first Positive Impact bond
Séverin Cabannes, Deputy Chief Executive Officer, Société Générale group opens the European trading day in Paris.
Societe Generale successfully issued the first Positive Impact bond on November 18th. The funds raised by this bond, which is underpinned by a very innovative methodology, and complies with the highest environmental and social standards as well as with the highest requirements for traceability and transparency, are used to finance or refinance projects which contribute to the fight against climate change. The Positive Impact bond demonstrates Societe Generale’s ability to develop innovative financial solutions for its clients, facilitating the transition towards a low carbon economy.