Responsible asset management

Foreword
This Corporate Social Responsibility (CSR) report presents an overview of Société Générale Asset Management’s Socially Responsible Investment (SRI) activities in 2009.
December 31st 2009 saw the incorporation of Amundi and merger of the asset management expertise of two leading banking groups: Crédit Agricole and Société Générale. Through this partnership, the two groups combined their shared asset management vision to create a model adapted to the new challenges faced by the industry and enabling clients to be served more effectively. Amundi holds top-tier positions in France and Europe, as well as strong international growth drivers to underpin its ambitious development plans.
Figuring among the global leaders in the industry demands exemplary professional conduct and imposes major responsibilities. Social commitment, through the integration of sustainable development and social utility priorities into investment policies alongside financial criteria, is a strong focus for development and one of the four cornerstones of Amundi’s strategy.
Amundi already ranks as a leader in France in Socially Responsible Investment.
Highlights in 2009 :
  • Société Générale undertook not to invest in companies known to make cluster bombs and anti-personnel mines.
SGAM SRI Management Figures at end-2009 :
  • € 11.2 billion in assets under management**
  • 50 management mandates
  • 7 funds open to retail and institutional investors
  • 7 employee savings funds***
  • 3 extra-financial analysts
* in line with our Global Compact commitments
** verified by Ernst & Young
*** including four solidarity funds, which enabled € 2.5 million to be lent to a number of associations (ADIE, France Active, Habitat et Humanisme, La Pierre Angulaire).