Charity Charity and Partnership
During the Rugby World Cup in September and October 2007, Société Générale launched a project entitled “Ola du Coeur” which, in addition to organizing festive events in numerous towns throughout France, promoted an original form of donating to charity organizations.
Each person opening an account with Société Générale was offered the opportunity to choose a charity organization from a list to which Société Générale would then send a donation. More than 6,400 new clients responded positively to this offer and EUR 192,500 was distributed to 9 charities. The most popular with our clients were the Fondation pour la Recherche Médicale (Foundation for Medical Research), UNICEF, l’association France Alzheimer (French Alzheimer Association) and la Fondation Nicolas Hulot pour la Nature et l’Homme (Nicolas Hulot Foundation for Nature and Humanity).
Launched in 1996 by Société Générale, Conciliance is a profit-sharing service that enables customers to donate all or part of the income generated on their savings to one or more charities from a list of thirty organizations.
The beneficiary organization categories are as follows:
Charity: Salvation army, Secours catholique, Secours populaire français, Fonds social juif unifié, Habitat et humanisme, Restaurants du coeur.
Disabled: l’Association des paralysés de France, UNAPEI, l’ADAPT, l’Association pour adultes et jeunes handicapés (comité de l’Hérault).
Education: Les Orphelins apprentis d’Auteuil.
Medical research: l’Association pour la recherche sur le cancer (ARC), la Fondation pour la recherche médicale, la Fondation Yves Cotrel.
Culture: l’Institut du monde arabe, la Société nationale de sauvetage en mer (SNSM).
Humanitarian aid: Les Œuvres hospitalières françaises de l’ordre de Malte, French Unicef Committee, Médecins du monde, Frères des hommes, Médecins sans frontières.
Healthcare: Regional centers in the fight against cancer in Rennes, Angers, Nantes and Montpellier, the Diaconesses de Reuilly, the Lenval Foundation, the American Hospital in Paris and the Léopold Bellan and Maréchal Foch foundations
Religious bodies: the Alliance israélite universelle (French-speaking Jewish educational network) and dioceses.
Conciliance, a service available throughout the Group's retail banking network that enables customers to make donations to associations when investing in mutual funds, collected a total EUR 62,534 for charity in 2007 (EUR 120,600 in 2006).
Customer loyalty and charitable giving:
SG Services, a Société Générale subsidiary, manages the Jazz, Pack Jeunes and Alterna loyalty schemes. Subscribers to these schemes collect points which entitle them to a selection of gifts. Under the regulations governing sales with premiums, Société Générale decided at the start of 2004 to apply a minimal financial contribution on each gift order. This contribution is then paid in full to various associations. Under this scheme, the bank paid EUR 83,500 to Handicap International and EUR 83,500 to the Nicolas Hulot Foundation for Nature and Humanity in 2007.
Moreover, since 2007, subscribers to these schemes have had the option of converting their loyalty points into donations to Handicap International. More than EUR 45,000 has been donated in this way.
Partnership with ADIE
To complement its different microcredit activities overseas, Société Générale extended these initiatives to France and, at the end of July 2006, signed an agreement with ADIE. This agreement notably consists in a credit line of EUR 1 million (renewed in 2007) to be used to cover the loans of several hundred individuals as well as a subsidy of EUR 100,000. At the end of 2007, virtually all of the credit line (EUR 914,000) had been used.
In September 2007, Société Générale de Banques aux Antilles (SGBA) signed a partnership agreement with the Guadelupian delegation of ADIE, which has started up its activities in the West Indies.
On August 9, 2006, Société Générale Calédonienne de Banque signed a partnership agreement with ADIE's Caledonian delegation. This agreement enabled ADIE to refinance the micro-loans granted in the Loyalty Islands province with a bonafide rate credit line of XFP 25 million (French Pacific francs) during the second half of 2006.
Lastly, the BFCOI in Mayotte has been a partner of ADIE Mayotte since 2002 and contributes to the awarding of solidarity loans to the unemployed and those who do not have access to banking resources.
For further information:
www.adie.org
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