SOCIETE GENERALE SUPPORTS THE FIGHT AGAINST COVID-19 IN INDIA

India, 10August 2020

As part of its ‘World Solidarity Programme’, SocieteGenerale, with the mobilization of all its teams in India, has committed to donate over 50 million Indian rupees (650,000 euros) in support of those affected by the Covid-19 pandemic in major cities: Delhi, Mumbai, Bangalore and Chennai. 

Since the beginning of the health crisis, SocieteGenerale has provided exceptional support in different countries of the world, namely in France and Africa.

In India, SocieteGenerale has partnered with three of its currently supported NGOs - Action Against Hunger, Samarthanam Trust for the Disabled and VIDYA Integrated Development for Youth and Adults – to assist their programmes specifically aiming at supporting those in need during the Covid crisis.

The funds will support front line health professionals and hospitals to fight the virus, and alsohelp vulnerable communities by providing them with essential hygiene and nutrition needs.More specifically, the programmes are focusing on:

·         supporting health professionals, community health and welfare workers and hospitals with medical gear to safeguard their health and protect them from contracting infections;

·         giving essential items and creating awareness on safety through informational material delivered via phone and mobile vehicles making public announcements;

·         providing those impacted by loss of earnings including migrant and daily wage workers,people with disabilities, pregnant women and elderly population with necessities;

·         helping with mental wellness and counselling to families.

The importance of this financial support demonstrates the spirit and commitment of over 8,000 staff, joining SocieteGenerale and its Indian entities (SocieteGeneraleBank in Mumbai and Delhi, SocieteGenerale Securities India Pvt Ltd in Mumbai and SocieteGenerale Global Solution Centre in Bangalore and Chennai) to raise the total amount donated.

Antoine Castel, Chief Executive and Chief Country Officer of India, states: “As a Group, we are fully engaged and committed to our clients, partner associations and employees. Along with our NGO partners, we unite to alleviate the hardships of the frontline health professionals and the vulnerable communities who struggle during these times. Our gratitude also goes towards each person in our partner organisations who are on the ground implementing our programs to support those affected by this pandemic.”

Sunil Shah, CEO & Global Head, SocieteGenerale Global Solution Centre and Global Head, SocieteGenerale European Business Services, says: “This crisis has had a significant impact on vulnerable sections of society. SocieteGenerale’s commitment to CSR has always been strong, and our employees are active in volunteering and contributing to society. In this relief program our employees joined in mobilizing to raise funds and added to the contribution of the company. Through these efforts and our partnership with NGOs, we hope to play a small role in alleviating the situation in the country.”

Everyone wishing to join this solidarity initiative can support the three Indian charities and find more information on our website.