The Foundation

Giving as many people as possible the means to have a positive impact on the future. Societe Generale’s mission and ambition is to give people hope, to build new prospects, and to make a long-term responsible commitment. Through these actions, the Societe Generale Corporate Foundation created in 2006 wishes to give its partners everywhere the means to achieve sustainable development and a positive impact. By focusing its efforts on integration – whether through education, employment, training, culture or sport – the Foundation believes that it is a powerful driver that can help each individual to find their place in our society and simultaneously create a source of social innovation.

PROFESSIONAL INTEGRATION

The Foundation supports structures that help vulnerable people find a job, allow them to access employment support projects or social integration companies, guide them professionally, support them during their entrepreneurial journey or provide them with the tools they need to overcome obstacles to employment. By encouraging employment as a means of inclusion, the Foundation and its partner associations enable long-term and successful integration.

INTEGRATION THROUGH EDUCATION

The Foundation also focuses on integration through education, mostly for young people. This support is vital to allow new generations in a vulnerable situation to integrate long-term and to thrive. The Foundation supports associations whose diverse actions meet the different needs of the beneficiaries: educational projects using sport and cultural activities to educate, preventing school drop-out, workplace visits, etc.

The Foundation is active in France and abroad, in the countries within Societe Generale's footprint.

Societe Generale operates in 19 countries in Africa, so African development is a key priority. In 2018, the Foundation launched its Africa Program which works with three main local partners and provides more significant aid to initiatives on the continent.

In line with the Group's strategic plan, the Foundation supports local initiatives targeting education and professional integration, especially through access to training, sports or skills development. The Foundation relies on local subsidiaries to identify the most relevant projects but also to enable our local staff to take part in skill-sponsorship activities within those structures.

The Foundation is chaired by Frédéric Oudéa, Chief Executive Officer of Societe Generale, and is managed by a Board of Directors that guides its choices, decides which projects to support and agrees on the amounts granted to projects. The Board has 12 members including 6 company representatives, 2 employee representatives and 4 external experts.

The Board of Directors is supported by a Selection Committee, which is also made up of company representatives and external experts. The Selection Committee decides on requests for amounts equal to or less than €50,000.

The permanent team, led by Cécile Jouenne-Lanne, prepares and implements the Foundation’s strategic guidelines, examines and shortlists the projects, manages the partnerships and develops the commitment of Group employees.

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