Societe Generale signs a global agreement with UNI Global Union

Societe Generale signs a global agreement with UNI Global Union

Societe Generale signs a global agreement with UNI Global Union

The FINANCIAL -- Societe Generale and UNI Global Union signed a global agreement on human rights and the freedom of association at a ceremony held today in the presence of Philip Jennings, UNI Global Union General Secretary and Edouard-Malo Henry, Group Head of Human Resources at Societe Generale.

The three-year agreement applies to all the Societe Generale Group's entities and is consistent with its corporate social responsibility policy. It reaffirms the bank's undertaking to respect human rights as laid out in its Code of Conduct and its recognition of the International Labour Organisation's Fundamental Principles and Rights at Work, including the freedom of association, according to Societe Generale.

"We are pleased to be the first French bank to sign a global agreement that furthers the policy of social dialogue that we have applied across the Group in recent years. It reflects the Group's commitment to ensuring the quality of this dialogue around the world and sends a strong message to the Group's 148,000 employees, confirming its respect for individuals and human rights," said Edouard-Malo Henry, Group Head of Human Resources at Societe Generale.

UNI Global Union General Secretary, Philip Jennings said, “This is a ground breaking agreement. It is the first time one of the largest banks’ has signed a global agreement with a global union. We applaud Societe Generale for taking the lead and we urge other banks in France and elsewhere to follow suit. The bank has a strong global reach and this is a positive step to build a global dialogue on global standards. UNI and Societe Generale will work together to implement the agreement for the benefit of the company’s employees and the economic sustainability of the bank.”