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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Societe Generale SA | EU:GLE | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.195 | -0.76% | 25.39 | 25.38 | 25.39 | 25.69 | 25.335 | 25.615 | 2,119,153 | 16:35:51 |
From May 2019 to May 2024
By Giulia Petroni
Societe Generale SA said Wednesday that it would reinforce its selection criteria for financing companies based on the credibility of their commitments to shift away from coal.
The French bank said it would no longer offer most of its products and services to companies that generate more than 25% of their revenues in the thermal coal sector, that don't have a credible strategy to exit the sector or that are developing new projects related to coal. However, it will offer these companies products and services dedicated to energy transition.
Details of the new policy will be published this month, according to Societe Generale.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
July 01, 2020 13:03 ET (17:03 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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