Business

Société Générale Ghana launches Green Funding Initiative to boost sustainability

By Lawrence Segbefia

Copyright myjoyonline

Société Générale Ghana launches Green Funding Initiative to boost sustainability

Société Générale Ghana has rolled out a comprehensive Green Funding Initiative to give staff and customers access to innovative, low-interest financial solutions that support sustainable development. The initiative, unveiled at the bank’s Environmental, Social and Governance (ESG) Networking event in Accra, is expected to promote clean energy adoption, green transport, and environmentally conscious business practices.

Managing Director of Société Générale Ghana, Hakim Ouzanni, said the initiative forms part of the bank’s broader sustainability journey. “At Société Générale Ghana, we recognize that Environmental, Social and Governance goals are no longer rhetoric. They have become an essential part of business solutions towards a better future,” he stated.

Ouzanni highlighted several projects that demonstrate the bank’s commitment to ESG, citing partnerships with community groups such as the Buzstop Boys to tackle plastic pollution and clean-up exercises like the recent Move for Oceans campaign at Kumasamba Beach. He also pointed to efforts in clean energy, including the installation of solar panels to power operations and the recent commissioning of a solar-powered digital library at Osu Salem Road Presbyterian School.

According to him, inclusivity is central to the bank’s sustainability agenda. “From our SG Woman Offer and youth programmes to our inclusive hiring policies, we are ensuring that diversity remains at the heart of what we do,” Ouzanni explained. He also praised the bank’s cultural initiative, ARTENTION, which uncovers emerging artistic talent. This year’s edition, in partnership with African Movie Box, will support young filmmakers to tell sustainability stories through short films.

The newly launched Green Funding Initiative is structured around three flagship offers. The Green Drive Offer provides low-interest financing to help customers and staff acquire electric vehicles, in partnership with Green Mobility, Drive EV, and Grace Mobility. The Green Energy Offer makes it easier for individuals and households to transition to cleaner energy sources such as solar power. The Green Impact Offer supports companies whose operations contribute positively to the environment by granting them access to specially designed low-interest loans.

“These offers are a wonderful step towards achieving a greener world,” Ouzanni said. “We are confident that they will empower staff and customers with innovative financial solutions that not only drive growth but also push the sustainability agenda forward.”

The bank emphasized that its ESG projects to date have supported education, clean water, renewable energy, health, music, and the arts. The new Green Funding Initiative, it says, will consolidate these efforts while positioning Société Générale Ghana as a leader in green finance and sustainability in the country.